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Leisure Facilities Industry Stocks Technical Analysis - BACArchive
- 4/17/2026 -
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Bank of America Corp. (BAC) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :
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| | It was a third consecutive positive week for the Bank of America Corp. (BAC). During the week, the BAC gained 1.37 points, or 2.61%, and closed at 53.91 on Friday, April 17, 2026. Weekly volume was 9% above average.
 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 14.87% 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 43.15 and resistance is at 55.45. 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.
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 and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 price is now at the 16.06% retracement level.
 Daily Technical Indicators: [See BAC daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index, 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, Relative Strength Index and Williams' Percentage Range help.
The daily MACD line is above its signal line since March 20, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term uptrend is still strong, and momentum is beginning to wane.
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