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Bank of America Corporation

BAC-PM Technical Analysis Summary (NYSE)

Analyze BAC-PM on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BAC-PM●NYSE
Financial ServicesBanks - Diversified
$21.07
$0.14(0.67%)
U.S. Market opens in 10h 50m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BAC-PM Technical Analysis Summary (NYSE)

Bank of America Corporation (NYSE: BAC-PM) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.73)
Trend Strength:Strong (ADX: 33.14)
Volatility:Low (ATR: 0.17)
Support/Resistance:$20.58 – $21.14 (Bollinger Bands)

Technical conditions suggest Bank of America Corporation on the NYSE is awaiting a decisive move. This mix signals that Bank of America Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 53.73

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 70.69

Bullish
Buying momentum building without extremes.

Williams %R: -6.25

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.31

Neutral
Price change is minimal.

Takeaway:Bank of America Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.14

Strong
Strong trend, momentum well established.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): 178.85

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Bank of America Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$21.14
Middle Band (SMA 20)
$20.86
Lower Band
$20.58
Current Position
Within Bands

Takeaway:Bank of America Corporation trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$21.23
Middle Line (EMA 20)
$20.89
Lower Channel
$20.55
Squeeze Status
Squeeze On

Takeaway:Bank of America Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.15M
Money Flow Index54.24Neutral, balanced money flows with no clear signal.
Relative Vigor Index49.30Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BAC-PM shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Bank of America Corporation (NYSE: BAC-PM), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Bank of America Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: BAC-PM) Technical Analysis FAQ