BANK OF AMERICA
-
USD
(-)
- 15 min delayed data - NYSE Stocks
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Stocks |
| Ticker: | BAC |
| ISIN: |
BANK OF AMERICA - 1H - Technical analysis published on 03/21/2025 (GMT)
- 111
- 0
- 03/21/2025 - 17:05
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- Timeframe : 1H
- - Analysis generated on 03/21/2025 - 17:05
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
28%
17%
56%
My opinion
Bullish above 42.15 USD
My targets
43.25 USD (+1.86%)
44.78 USD (+5.46%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BANK OF AMERICA as long as the price remains well above 42.15 USD. The buyers' bullish objective is set at 43.25 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 44.78 USD. If there is any crossing, the next objective would be the resistance located at 45.73 USD.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BANK OF AMERICA price is 42.46 USD. On the day, this instrument lost -0.05% with the lowest point at 41.89 USD and the highest point at 42.47 USD. The deviation from the price is +1.36% for the low point and -0.02% for the high point.41.89
42.47
42.46
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of BANK OF AMERICA in 1H shows an overall bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 2 (Daily)
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 39.95 | 40.84 | 42.15 | 42.46 | 43.25 | 44.78 | 45.73 |
| Change (%) | -5.91% | -3.82% | -0.73% | - | +1.86% | +5.46% | +7.70% |
| Change | -2.51 | -1.62 | -0.31 | - | +0.79 | +2.32 | +3.27 |
| Level | Minor | Intermediate | Major | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.78 | 41.21 | 41.85 | 42.28 | 42.92 | 43.35 | 43.99 |
| Camarilla | 42.19 | 42.28 | 42.38 | 42.48 | 42.58 | 42.68 | 42.77 |
| Woodie | 40.88 | 41.26 | 41.95 | 42.33 | 43.02 | 43.40 | 44.09 |
| Fibonacci | 41.21 | 41.62 | 41.88 | 42.28 | 42.69 | 42.95 | 43.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.88 | 38.53 | 39.71 | 40.36 | 41.54 | 42.19 | 43.37 |
| Camarilla | 40.39 | 40.56 | 40.72 | 40.89 | 41.06 | 41.23 | 41.39 |
| Woodie | 38.15 | 38.66 | 39.98 | 40.49 | 41.81 | 42.32 | 43.64 |
| Fibonacci | 38.53 | 39.23 | 39.66 | 40.36 | 41.06 | 41.49 | 42.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.77 | 40.92 | 43.37 | 45.52 | 47.97 | 50.12 | 52.57 |
| Camarilla | 44.55 | 44.97 | 45.39 | 45.81 | 46.23 | 46.65 | 47.08 |
| Woodie | 38.91 | 41.00 | 43.51 | 45.60 | 48.11 | 50.20 | 52.71 |
| Fibonacci | 40.92 | 42.68 | 43.77 | 45.52 | 47.28 | 48.37 | 50.12 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 60.93 | |
| MACD (12,26,9): | 0.2800 | |
| Directional Movement: | 2.98 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 42.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 42.64 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 41.54 | |
| Zig ZAG (10): | 42.40 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 56.74 | |
| TEMA (21): | 42.50 | |
| Williams %R (14): | -30.37 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | 0.6200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 2.23 |
| MA7: | 41.54 | |
| MA20: | 42.18 | |
| MA50: | 44.54 | |
| MA100: | 44.62 | |
| MAexp7: | 42.30 | |
| MAexp20: | 42.10 | |
| MAexp50: | 41.66 | |
| MAexp100: | 41.89 | |
| Price / MA7: | +2.21% | |
| Price / MA20: | +0.66% | |
| Price / MA50: | -4.67% | |
| Price / MA100: | -4.84% | |
| Price / MAexp7: | +0.38% | |
| Price / MAexp20: | +0.86% | |
| Price / MAexp50: | +1.92% | |
| Price / MAexp100: | +1.36% |
Quotes :
03/21/2025 - 16:49
-
15 min delayed data
-
NYSE Stocks
News
The last news published on BANK OF AMERICA at the time of the generation of this analysis was as follows:
- 07/18/2017 - 07:00 Investor Network: Bank of America Corporation to Host Earnings Call
- 12/01/2016 - 14:18 Carrie Ann Inaba To Join Tree Lighting Festivities At Bank Of America Winter Village At Bryant Park
- 11/28/2016 - 08:00 Unisys to Present at Bank of America Merrill Lynch 2016 Leveraged Finance Conference
- 11/28/2016 - 06:00 Rowan to Present at the Bank of America Merrill Lynch Conference
- 11/28/2016 - 06:00 Level 3 to Present at the Bank of America-Merrill Lynch 2016 Leveraged Finance Conference
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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