US stock / ETF

Bank of America Corporation

BAC · NYSE · USD

4 hoursBullish86%
4h Upside probability 86%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 $57.8 and reclaim $62.03.

Invalidation Trigger

Lose $57.8 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 56.9, MACD -0.050

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6199 (1.01%)

4h

EMA Structure

Bullish
EMA 8$61.33Bearish
EMA 21$60.84Bullish
EMA 50$59.82Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.9 · MACD -0.050

Momentum is strong

Strength
Range
Volatility
ATR $0.6199 · BB 6.35%

Low volatility

Strength
Bullish
Volume
MFI 60.7 · OBV 20.23%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$57.8 - $62.03

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.29% · 2.3 ATR above latest close

$62.65
Nearest resistance

+1.27% · 1.3 ATR above · 34-bar high

$62.03
Current price

Price shown is delayed

$61.25
Nearest support

-5.63% · 5.6 ATR below · 34-bar low

$57.8
Deeper support zone

-6.64% · 6.6 ATR below latest close

$57.18
ATR zone

Latest close ± ATR14

$60.63 - $61.87

Indicators

Trend

Dow Theory Structure

Confirmation $60.66, invalidation $61.94

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

Trend strength is active

23.7 / 17.2 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$59.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.62 / $59.36Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

Low volatility

$0.6199 (1.01%)Bullish
Bollinger Bands (20,2)

Width 6.35%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$62.04 / $59.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.63 / $61.87Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.03Range
Support

Nearest Downside Decision Level

$57.8Range

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is negative

-0.050Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.5 / 76.7Bearish
Williams %R (14)

Neutral zone

-37.5Range
CCI (20)

Balanced zone

39.4Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.7Bullish
OBV slope

20-period OBV slope

20.23%Bullish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Trend

Dow Theory Structure

Confirmation $60.66, invalidation $61.94

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

Trend strength is active

23.7 / 17.2 / 13.4Bullish
Supertrend (10,3)

Price is above Supertrend

$59.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$60.62 / $59.36Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is negative

-0.050Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.5 / 76.7Bearish
Williams %R (14)

Neutral zone

-37.5Range
CCI (20)

Balanced zone

39.4Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.6199 (1.01%)Bullish
Bollinger Bands (20,2)

Width 6.35%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$62.04 / $59.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$60.63 / $61.87Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.7Bullish
OBV slope

20-period OBV slope

20.23%Bullish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$62.03Range
Support

Nearest Downside Decision Level

$57.8Range

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