The Greedy Trader Weekly Analysis
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- 5/15/2026 -
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Bank of America Corp. (BAC) Technical Analysis

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Summary:
Weekly :Weekly  MACD line has moved below its signal line
Daily :Price has crossed below the 50 Day Moving AverageWilliams' Percentage Range and Lane's Stochastic are oversold
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It was the negative week for the Bank of America Corp. (BAC). During the week, the BAC dropped -1.54 points, or -3.00%, and closed at 49.77 on Friday, May 15, 2026. BAC was trading at average weekly trading volume.

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 price is now at the 31.78% retracement level.

Medium-term trend: [See BAC medium-term trend chart]
A medium-term downtrend had started on January 5, 2026 at 57.55 and reached 46.12 on March 19, 2026. BAC lost 11.43 points, or 19.86%, in 10 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 40.18 and resistance is at 54.72. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See BAC weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 March 19, 2026 at 46.12 and reached 55.40 on April 15, 2026. BAC gained -9.28 points, or -20.12%, in 27 days. The chart has formed a Symmetric Triangle chart pattern.

Daily Technical Indicators: [See BAC daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range and Lane's Stochastic. 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 April 24, 2026.

During the last week, the price 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.71
Williams' Percentage Range (W%R) 94.00
Strong Oversold
Lane's Stochastic (%D-Slow) 9.37
Strong Oversold
Greed/Fear Indicator (GFI) 15.69
Oversold
Moving Average Converg./Diverg. (MACD) 0.12
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.44
Williams' Percentage Range (W%R) 69.30
Lane's Stochastic (%D-Slow) 67.07
Greed/Fear Indicator (GFI) 47.88
Moving Average Converg./Diverg. (MACD) 0.26
Trading Signals
Description Value Chart
Weekly Trendline Resistance 54.72
Upper Bollinger Band 54.17
Weekly Stochastic Crossing 52.38
20 Day Moving Average 52.19
Parabolic System 52.17
50 Day Moving Average 50.53
Daily Stochastic Crossing 49.79
Price 49.77
Lower Bollinger Band 48.90
Weekly Trendline Support 40.18
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Diversified Banks 61
Daily Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Low 46.12
Low Date 03/19/2026
High 55.40
High Date 04/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 54.72
Support 40.18
High 57.55
High Date 01/05/2026
Low 46.12
Low Date 03/19/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 33.07
Low Date 04/09/2025
High 57.55
High Date 01/05/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 24.96
Low Date 10/27/2023
High 57.55
High Date 01/05/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 2.53
Low Date 02/20/2009
High 57.55
High Date 01/05/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.