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Bank of America Corporation

BML-PL Technical Analysis Summary (NYSE)

Analyze BML-PL on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BML-PL●NYSE
Financial ServicesBanks - Diversified
$19.05
$0.01(0.05%)
U.S. Market opens in 55h 32m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BML-PL Technical Analysis Summary (NYSE)

Bank of America Corporation (NYSE: BML-PL) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.21)
Trend Strength:Very Strong (ADX: 40.70)
Volatility:Low (ATR: 0.18)
Support/Resistance:$18.78 – $19.30 (Bollinger Bands)

Technical conditions suggest Bank of America Corporation on the NYSE is awaiting a decisive move. Technical conditions suggest Bank of America Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 50.21

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.32

Bearish
Overbought levels may trigger pullback.

Williams %R: -14.29

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.06

Bullish
Steady upward momentum.

Takeaway:Bank of America Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 40.70

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.18

Low
Low volatility, stable price action.

CCI (14): 114.33

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Bank of America Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$19.30
Middle Band (SMA 20)
$19.04
Lower Band
$18.78
Current Position
Within Bands

Takeaway:Bank of America Corporation trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$19.42
Middle Line (EMA 20)
$19.06
Lower Channel
$18.71
Squeeze Status
Squeeze On

Takeaway:Bank of America Corporation trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume44.01K
Money Flow Index53.10Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.58Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BML-PL shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Bank of America Corporation (NYSE: BML-PL), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Bank of America Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: BML-PL) Technical Analysis FAQ