Meyka Pro banner
Bank of America Corporation

BML-PL Technical Analysis Summary (NYSE)

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

BML-PLNYSE
Financial ServicesBanks - Diversified
$18.96
$0.00(0.00%)
U.S. Market opens in 13h 58m

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

BML-PL Technical Analysis Summary (NYSE)

Bank of America Corporation (NYSE: BML-PL) stock currently shows a bearish trend on the NYSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 33.76)
Trend Strength:Very Strong (ADX: 41.70)
Volatility:Low (ATR: 0.19)
Support/Resistance:$18.91 – $19.53 (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): 33.76

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 41.67

Neutral
Mid-range signal with no clear trend.

Williams %R: -54.49

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.09

Bearish
Selling pressure outweighs buying.

Takeaway:Bank of America Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.10

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 41.70

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.19

Low
Low volatility, stable price action.

CCI (14): -99.71

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$19.53
Middle Band (SMA 20)
$19.22
Lower Band
$18.91
Current Position
Within Bands

Takeaway:Bank of America Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$19.55
Middle Line (EMA 20)
$19.17
Lower Channel
$18.79
Squeeze Status
Squeeze On

Takeaway:Bank of America Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume137.18K
Money Flow Index33.18Bearish, selling pressure outweighs inflows.
Relative Vigor Index68.18Bullish, price momentum strongly favors buyers.

Overall Takeaway:BML-PL shows mixed signals in money flow analysis.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Bank of America Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NYSE: BML-PL) Technical Analysis FAQ