US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

BAC 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $59.59 and stabilize above resistance $63.53.

Invalidation Trigger

Break above $63.53 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 32.5, MACD -0.119

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.04 (1.78%)

4h

EMA Structure

Bearish
EMA 8$58.42Bearish
EMA 21$59.59Bearish
EMA 50$60.88Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.5 · MACD -0.119

Momentum is weak

Strength
Bearish
Volatility
ATR $1.04 · BB 12.55%

Low volatility

Strength
Range
Volume
MFI 50.2 · OBV -64.17%

Relative to 20-period average volume

Strength
Range
Price Levels
$56.46 - $63.53

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.1% · 6.2 ATR above latest close

$64.56
Nearest resistance

+9.32% · 5.2 ATR above · 34-bar high

$63.53
Current price

Price shown is delayed

$58.11
Nearest support

-2.84% · 1.6 ATR below · 34-bar low

$56.46
Deeper support zone

-4.62% · 2.6 ATR below latest close

$55.42
ATR zone

Latest close ± ATR14

$57.07 - $59.15

Indicators

Trend

Dow Theory Structure

Confirmation $56.46, invalidation $58.49

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

64.7 / 4.8 / 48.7Bearish
Supertrend (10,3)

Price is above Supertrend

$55.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.07 / $60Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

Low volatility

$1.04 (1.78%)Range
Bollinger Bands (20,2)

Width 12.55%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.28 / $57.76Range
ATR channel lower / upper

Current Volatility Envelope

$57.07 / $59.15Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.53Range
Support

Nearest Downside Decision Level

$56.46Range

Momentum

RSI (14)

Momentum is weak

32.5Bearish
MACD (12,26,9)

Histogram is negative

-0.119Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 27.5Bullish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Balanced zone

-74.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.2Range
OBV slope

20-period OBV slope

-64.17%Bearish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Trend

Dow Theory Structure

Confirmation $56.46, invalidation $58.49

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

64.7 / 4.8 / 48.7Bearish
Supertrend (10,3)

Price is above Supertrend

$55.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.07 / $60Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

32.5Bearish
MACD (12,26,9)

Histogram is negative

-0.119Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.5 / 27.5Bullish
Williams %R (14)

Neutral zone

-71.5Range
CCI (20)

Balanced zone

-74.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$1.04 (1.78%)Range
Bollinger Bands (20,2)

Width 12.55%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$61.28 / $57.76Range
ATR channel lower / upper

Current Volatility Envelope

$57.07 / $59.15Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.2Range
OBV slope

20-period OBV slope

-64.17%Bearish
Volume ratio

Relative to 20-period average volume

1.48xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.53Range
Support

Nearest Downside Decision Level

$56.46Range

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