US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

4 hoursBullish91%
4h Upside probability 91%Bullish

BAC 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $53.32 and reclaim $59.06.

Invalidation Trigger

Lose $53.32 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 61.4, MACD -0.105

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6118 (1.06%)

4h

EMA Structure

Bullish
EMA 8$57.87Bearish
EMA 21$57.11Bullish
EMA 50$55.45Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.4 · MACD -0.105

Momentum is strong

Strength
Range
Volatility
ATR $0.6118 · BB 5.26%

Low volatility

Strength
Bullish
Volume
MFI 49.7 · OBV 2.37%

Relative to 20-period average volume

Strength
Range
Price Levels
$53.32 - $59.06

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.26% · 3.1 ATR above latest close

$59.67
Nearest resistance

+2.2% · 2.1 ATR above · 34-bar high

$59.06
Current price

Price shown is delayed

$57.79
Nearest support

-7.73% · 7.3 ATR below · 34-bar low

$53.32
Deeper support zone

-8.79% · 8.3 ATR below latest close

$52.71
ATR zone

Latest close ± ATR14

$57.17 - $58.4

Indicators

Trend

Dow Theory Structure

Confirmation $59.06, invalidation $57.39

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

36.1 / 36.9 / 17.2Bullish
Supertrend (10,3)

Price is above Supertrend

$56.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.39 / $54.84Bullish
Donchian Channel (20)

20-period breakout channel position

62%Bullish

Volatility

ATR (14)

Low volatility

$0.6118 (1.06%)Bullish
Bollinger Bands (20,2)

Width 5.26%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.39 / $55.97Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.17 / $58.4Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.06Range
Support

Nearest Downside Decision Level

$53.32Range

Momentum

RSI (14)

Momentum is strong

61.4Bullish
MACD (12,26,9)

Histogram is negative

-0.105Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.9 / 62.6Bearish
Williams %R (14)

Neutral zone

-42.1Range
CCI (20)

Balanced zone

61.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.7Range
OBV slope

20-period OBV slope

2.37%Bullish
Volume ratio

Relative to 20-period average volume

0.43xBearish

Trend

Dow Theory Structure

Confirmation $59.06, invalidation $57.39

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

36.1 / 36.9 / 17.2Bullish
Supertrend (10,3)

Price is above Supertrend

$56.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.39 / $54.84Bullish
Donchian Channel (20)

20-period breakout channel position

62%Bullish

Momentum

RSI (14)

Momentum is strong

61.4Bullish
MACD (12,26,9)

Histogram is negative

-0.105Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.9 / 62.6Bearish
Williams %R (14)

Neutral zone

-42.1Range
CCI (20)

Balanced zone

61.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$0.6118 (1.06%)Bullish
Bollinger Bands (20,2)

Width 5.26%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.39 / $55.97Bullish
ATR channel lower / upper

Current Volatility Envelope

$57.17 / $58.4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.7Range
OBV slope

20-period OBV slope

2.37%Bullish
Volume ratio

Relative to 20-period average volume

0.43xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.06Range
Support

Nearest Downside Decision Level

$53.32Range

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