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Archive - 5/15/2026 - 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 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.
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