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 $62.22 and stabilize above resistance $64.93.

Invalidation Trigger

Break above $64.93 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 30.0, MACD -0.054

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3671 (0.6%)

4h

EMA Structure

Bearish
EMA 8$61.79Bearish
EMA 21$62.22Bearish
EMA 50$62.67Bearish

Signals

CategoryReadStrength
Momentum
RSI 30.0 · MACD -0.054

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3671 · BB 2.43%

Low volatility

Strength
Bullish
Volume
MFI 36.6 · OBV -8.18%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$61.17 - $64.93

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.5% · 10.9 ATR above latest close

$65.3
Nearest resistance

+5.9% · 9.9 ATR above · 34-bar high

$64.93
Current price

Price shown is delayed

$61.31
Nearest support

-0.23% · 0.4 ATR below · 34-bar low

$61.17
Deeper support zone

-0.83% · 1.4 ATR below latest close

$60.8
ATR zone

Latest close ± ATR14

$60.94 - $61.68

Indicators

Trend

Dow Theory Structure

Confirmation $61.95, invalidation $62.69

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

Trend strength is moderate

20.7 / 4.1 / 38.3Bearish
Supertrend (10,3)

Price is above Supertrend

$60.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$62.13 / $63.2Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

Low volatility

$0.3671 (0.6%)Bullish
Bollinger Bands (20,2)

Width 2.43%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.95 / $61.43Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.94 / $61.68Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.93Range
Support

Nearest Downside Decision Level

$61.17Range

Momentum

RSI (14)

Momentum is weak

30.0Bearish
MACD (12,26,9)

Histogram is negative

-0.054Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.9 / 16.0Bearish
Williams %R (14)

Oversold zone

-91.1Bullish
CCI (20)

Weak expansion

-172.8Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

36.6Bearish
OBV slope

20-period OBV slope

-8.18%Bearish
Volume ratio

Relative to 20-period average volume

3.59xBullish

Trend

Dow Theory Structure

Confirmation $61.95, invalidation $62.69

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

Trend strength is moderate

20.7 / 4.1 / 38.3Bearish
Supertrend (10,3)

Price is above Supertrend

$60.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$62.13 / $63.2Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Momentum is weak

30.0Bearish
MACD (12,26,9)

Histogram is negative

-0.054Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.9 / 16.0Bearish
Williams %R (14)

Oversold zone

-91.1Bullish
CCI (20)

Weak expansion

-172.8Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$0.3671 (0.6%)Bullish
Bollinger Bands (20,2)

Width 2.43%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.95 / $61.43Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.94 / $61.68Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

36.6Bearish
OBV slope

20-period OBV slope

-8.18%Bearish
Volume ratio

Relative to 20-period average volume

3.59xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.93Range
Support

Nearest Downside Decision Level

$61.17Range

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