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Diversified Banks Industry Stocks Technical Analysis - BACArchive
- 8/8/2025 -
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Bank of America Corp. (BAC) Technical Analysis
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| Summary:
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| | It was a first positive week for the Bank of America Corp. (BAC). During the week, the BAC climbed 0.35 points, or 0.77%, and closed at 46.01 on Friday, August 8, 2025. Weekly volume was -16% below average.
BAC is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See BAC long-term trend chart]
A long-term uptrend had started on October 27, 2023 at 24.96 and reached 49.31 on July 3, 2025. BAC gained -24.35 points, or -97.56%, in 87 weeks. The price is now at the 13.55% retracement level.
 Medium-term trend: [See BAC medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 33.07 and reached 49.31 on July 3, 2025. BAC gained -16.24 points, or -49.11%, in 12 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (48.09) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. BAC may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See BAC weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since May 16, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See BAC short-term trend chart]
A short-term downtrend had started on July 24, 2025 at 49.00 and reached 44.75 on August 5, 2025. BAC lost 4.25 points, or 8.67%, in 12 days. The price is now at the 29.65% retracement level.
 Daily Technical Indicators: [See BAC daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is below its signal line since July 28, 2025. This is an indication that the short-term trend is down.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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