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Archive - 1/30/2026 - Sign In to see current Signals. |
Bank of America Corp. (BAC) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week after 4 consecutive negative weeks for the Bank of America Corp. (BAC). During the week, the BAC gained 1.48 points, or 2.86%, and closed at 53.20 on Friday, January 30, 2026. It was the best weekly gain since November 28, 2025. Weekly volume was -20% 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 April 9, 2025 at 33.07 and reached 57.55 on January 5, 2026. BAC gained -24.48 points, or -74.02%, in 38 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (54.13) is broken. A broken support is considered to be a long-term bearish signal. 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 long-term trend.
Medium-term trend: [See BAC medium-term trend chart] A medium-term downtrend had started on January 5, 2026 at 57.55 and reached 51.31 on January 28, 2026. BAC lost 6.24 points, or 10.84%, in 3 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (51.21) is broken. A broken support is considered to be a long-term bullish signal. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See BAC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since January 9, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See BAC short-term trend chart] A short-term uptrend had started on January 28, 2026 at 51.31 and reached 53.41 on January 30, 2026. BAC gained -2.10 points, or -4.09%, in 2 days. The price is now at the 10.00% retracement level.
Daily Technical Indicators: [See BAC daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 link to access Lane's Stochastic help. The daily MACD line is below its signal line since January 7, 2026. The distance between MACD and the signal line is low and getting smaller. A Parabolic SAR (stop and reversal) indicator (53.46) comes close to the price (53.20). It indicates that the trend is getting weaker. 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. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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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