BAC

Bank of AmericaFinancials

$49.38+0.22%

Rounding Bottom Descending Triangle Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$49.38

FEBMARAPR

Rounding Bottom Detected

Watch the Rounding Bottom on BAC closely. Trade with professional charting tools.

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$52.96

Stop

$49.54

Target

$59.80

Chart Pattern

Rounding Bottom

Gradual reversal from bearish to bullish.

Descending Triangle

Bearish continuation pattern.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

A clear signal has emerged for Bank of America (BAC) on the daily chart. The stock is trading at $49.38, up 0.22% on the day. The primary technical feature is a Rounding Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $52.96, targeting $59.8 with support near $49.54 (R:R 2.0).

Community Sentiment

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BAC