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Uptrend ExhaustionArchive
- 10/9/2026 -
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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 first positive week after 3 consecutive negative weeks for the Bank of America Corp. (BAC). During the week, the BAC gained 0.57 points, or 1.06%, and closed at 54.32 on Friday, October 9, 2026. It was the best weekly gain since August 28, 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 65.23 on August 17, 2026. BAC gained -32.16 points, or -97.25%, in 70 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (53.20) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
 Medium-term trend: [See BAC medium-term trend chart]
A medium-term uptrend had started on March 19, 2026 at 46.12 and reached 65.23 on August 17, 2026. BAC gained -19.11 points, or -41.44%, in 21 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (57.34) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. BAC may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See BAC weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since September 11, 2026. The distance between MACD and the signal line is near its high and getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See BAC short-term trend chart]
A short-term downtrend had started on August 17, 2026 at 65.23 and reached 52.24 on October 8, 2026. BAC lost 12.99 points, or 19.91%, in 52 days. The price is now at the 16.01% retracement level.
 Daily Technical Indicators: [See BAC daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Williams' Percentage Range help.
The daily MACD line is below its signal line since August 14, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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