BANK OF AMERICA CORP (1BAC.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:1BAC - US0605051046 - Common Stock
Taking everything into account, 1BAC scores 6 out of 10 in our technical rating. 1BAC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
1BAC has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
44.49
We found 1 important support area.
- A support zone ranging from 44.94 to 45.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 46.58 to 46.58. 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) | 65.2 | NEUTRAL | The RSI value for 1BAC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests 1BAC.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.19 | NEUTRAL | The Stochastics value for 1BAC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for 1BAC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.51 | NEGATIVE | The low ADX value for 1BAC.MI suggests a weak or negative trend. |
BIT:1BAC (12/5/2025, 7:00:00 PM)
46.565
+0.52 (+1.12%)
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 65.1982. 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 0.333393, 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 45.35 and a resistance level at 46.58. Check the full technical report for our detailed analysis of 1BAC.MI support and resistance levels.