BANK OF AMERICA CORP (1BAC.MI) Stock Technical Analysis
Europe - BIT:1BAC - US0605051046 - Common Stock
Overall 1BAC gets a technical rating of 6 out of 10. In the last year, 1BAC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
1BAC has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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42.85
When analyzing the support we notice one important area.
- A support zone ranging from 43.28 to 43.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.13 to 46.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1BAC.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1BAC.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1BAC.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1BAC.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 1BAC.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 59.67 | NEUTRAL | The RSI value for 1BAC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests 1BAC.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.64 | OVERBOUGHT | The high Stochastics value suggests 1BAC.MI may be overbought. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for 1BAC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.24 | NEGATIVE | The low ADX value for 1BAC.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 46.14 | 43.27 | 2.87 (6.22%) | 16.08% |
| An entry @46.14. This is a Buy Stop order right above the resistance zone. | An exit @43.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.87 points, which is 6.22%. | For a 1.00% total portfolio risk, you can invest 16.08% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:1BAC (10/22/2025, 7:00:00 PM)
43.765
-0.92 (-2.06%)
BANK OF AMERICA CORP / 1BAC.MI FAQ
Can you provide the ChartMill technical rating for BANK OF AMERICA CORP?
ChartMill assigns a technical rating of 6 / 10 to 1BAC.MI.
What is the current trend direction of BANK OF AMERICA CORP (1BAC.MI) stock?
The current trend direction for BANK OF AMERICA CORP (1BAC.MI) is Bullish.
What is the RSI signal for 1BAC stock?
BANK OF AMERICA CORP (1BAC.MI) has an RSI value of 59.6703. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BANK OF AMERICA CORP?
The MACD indicator for BANK OF AMERICA CORP (1BAC.MI) has a value of 0.566613, indicating a bearish trend.
What is the support and resistance level for 1BAC stock?
BANK OF AMERICA CORP (1BAC.MI) has a support level at 43.76 and a resistance level at 46.13. Check the full technical report for our detailed analysis of 1BAC.MI support and resistance levels.