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Uptrend Broken Support

Uptrend Broken Support stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Broken Support alert is a confirmation that long term uptrend reversal is completed and a new downtrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of support trendline. This point is considered as a second chance to sell long position (or open short positions) in uptrend reversal.

Uptrend Broken Support

Archive
- 10/17/2025 -
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Bank of America Corp. (BAC) Technical Analysis

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Summary:
Weekly :Broken trend support lineStochastic signal line moved below overbought area
Daily :Stochastic has raised above the signal lineThe price has risen above the Parabolic SARPrice has crossed above the 50 Day Moving AverageTrend resistance at 51.32The price moved above the moving average in the center of the Bollinger Bands
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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 2.63 points, or 5.41%, and closed at 51.28 on Friday, October 17, 2025. It was the best weekly gain since May 16, 2025. Weekly volume was 27% above average.

Long-term trend: [See BAC long-term trend chart]
A long-term uptrend had started on October 27, 2023 at 24.96 and reached 52.88 on September 23, 2025. BAC gained -27.92 points, or -111.86%, in 99 weeks. The price is now at the 5.73% retracement level.

Medium-term trend: [See BAC medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 33.07 and reached 52.88 on September 23, 2025. BAC gained -19.81 points, or -59.90%, in 23 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (52.34) is broken. A broken support is considered to be a long-term bearish signal. 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 technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 above its signal line since May 16, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 September 23, 2025 at 52.88 and reached 48.53 on October 14, 2025. BAC lost 4.35 points, or 8.23%, in 21 days. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (51.32). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a short-term trend.

Daily Technical Indicators: [See BAC daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal.

The daily MACD line is below its signal line since September 29, 2025. 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.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.52
Williams' Percentage Range (W%R) 44.30
Lane's Stochastic (%D-Slow) 52.14
Greed/Fear Indicator (GFI) 50.78
Moving Average Converg./Diverg. (MACD) 0.08
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.81
Williams' Percentage Range (W%R) 20.30
Lane's Stochastic (%D-Slow) 77.74
Greed/Fear Indicator (GFI) 70.79
Moving Average Converg./Diverg. (MACD) 1.79
Trading Signals
Description Value Chart
Monthly Trendline Resistance 54.03
Upper Bollinger Band 52.71
Monthly Trendline Support 52.34
Weekly Stochastic Crossing 51.70
Weekly Trendline Resistance 51.32
Price 51.28
Daily Stochastic Crossing 51.24
20 Day Moving Average 50.85
50 Day Moving Average 50.02
Parabolic System 48.65
Lower Bollinger Band 48.41
Weekly Trendline Support 47.85
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Diversified Banks 97
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 48.53
Low Date 10/14/2025
High 52.85
High Date 10/15/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 51.32
Support 47.85
High 52.88
High Date 09/23/2025
Low 48.53
Low Date 10/14/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 54.03
Support 52.34
Low 33.07
Low Date 04/09/2025
High 52.88
High Date 09/23/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 24.96
Low Date 10/27/2023
High 52.88
High Date 09/23/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 2.53
Low Date 02/20/2009
High 52.88
High Date 09/23/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.