US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

4 hoursBullish57%
4h Upside probability 57%Bullish

BAC 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $50.01 and reclaim $52.54.

Invalidation Trigger

Lose $50.01 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 48.0, MACD 0.060

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3509 (0.69%)

4h

EMA Structure

Bearish
EMA 8$50.74Bullish
EMA 21$50.84Bullish
EMA 50$51.57Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.0 · MACD 0.060

Neutral zone

Strength
Bullish
Volatility
ATR $0.3509 · BB 1.19%

Low volatility

Strength
Bullish
Volume
MFI 39.0 · OBV -10.25%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$50.01 - $52.54

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.01% · 5.8 ATR above latest close

$52.89
Nearest resistance

+3.32% · 4.8 ATR above · 34-bar high

$52.54
Current price

Price shown is delayed

$50.85
Nearest support

-1.65% · 2.4 ATR below · 34-bar low

$50.01
Deeper support zone

-2.34% · 3.4 ATR below latest close

$49.66
ATR zone

Latest close ± ATR14

$50.5 - $51.2

Indicators

Trend

Dow Theory Structure

Confirmation $51.1, invalidation $50.5

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

13.8 / 26.5 / 20.3Bullish
Supertrend (10,3)

Price is above Supertrend

$49.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.79 / $52.3Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

Low volatility

$0.3509 (0.69%)Bullish
Bollinger Bands (20,2)

Width 1.19%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$51.52 / $50.14Bullish
ATR channel lower / upper

Current Volatility Envelope

$50.5 / $51.2Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.54Range
Support

Nearest Downside Decision Level

$50.01Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is positive

0.060Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

53.4 / 42.1Bullish
Williams %R (14)

Neutral zone

-46.6Range
CCI (20)

Balanced zone

22.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.0Bearish
OBV slope

20-period OBV slope

-10.25%Bearish
Volume ratio

Relative to 20-period average volume

0.52xBearish

Trend

Dow Theory Structure

Confirmation $51.1, invalidation $50.5

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

13.8 / 26.5 / 20.3Bullish
Supertrend (10,3)

Price is above Supertrend

$49.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.79 / $52.3Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is positive

0.060Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

53.4 / 42.1Bullish
Williams %R (14)

Neutral zone

-46.6Range
CCI (20)

Balanced zone

22.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.3509 (0.69%)Bullish
Bollinger Bands (20,2)

Width 1.19%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$51.52 / $50.14Bullish
ATR channel lower / upper

Current Volatility Envelope

$50.5 / $51.2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.0Bearish
OBV slope

20-period OBV slope

-10.25%Bearish
Volume ratio

Relative to 20-period average volume

0.52xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.54Range
Support

Nearest Downside Decision Level

$50.01Range

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