Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 25.32 and 23.33. If the stock breaks down through support at 25.32 then it will probably continue lower to 23.33. The stock has resistance at 28.95 and at 32.47. If the stock breaks up through resistance at 28.95 then it will probably continue higher to 32.47. The 200-day moving average is at 28.95. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 25.32 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (86.52), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”

Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 25.32 and 22.99. If the stock breaks down through support at 25.32 then it will probably continue lower to 22.99. The stock has resistance at 28.94 and at 32.47. If the stock breaks up through resistance at 28.94 then it will probably continue higher to 32.47. The 200-day moving average is at 28.94. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 25.32 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (85.76).”

Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 25.32 and 22.99. If the stock breaks down through support at 25.32 then it will probably continue lower to 22.99. The stock has resistance at 28.94 and at 32.47. If the stock breaks up through resistance at 28.94 then it will probably continue higher to 32.47. The 200-day moving average is at 28.94. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 25.32 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (85.76).”

Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 25.32 and 22.96. If the stock breaks down through support at 25.32 then it will probably continue lower to 22.96. The stock has resistance at 28.93 and at 32.47. If the stock breaks up through resistance at 28.93 then it will probably continue higher to 32.47. The 200-day moving average is at 28.93. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 25.32 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (82.94).”

Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 23.20 and 21.09. If the stock breaks down through support at 23.20 then it will probably continue lower to 21.09. The stock has resistance at 25.11 and at 28.94. If the stock breaks up through resistance at 25.11 then it will probably continue higher to 28.94. The 200-day moving average is at 28.94. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 23.20 look for a rally to previous highs. The stock is slightly overbought according to the Stochastic Indicator (73.65).”

Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 23.31 and 21.09. If the stock breaks down through support at 23.31 then it will probably continue lower to 21.09. The stock has resistance at 25.11 and at 28.94. If the stock breaks up through resistance at 25.11 then it will probably continue higher to 28.94. The 200-day moving average is at 28.94. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 23.31 look for a rally to previous highs. The stock is slightly overbought according to the Stochastic Indicator (72.43).”

Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 23.43 and 21.09. If the stock breaks down through support at 23.43 then it will probably continue lower to 21.09. The stock has resistance at 25.11 and at 28.95. If the stock breaks up through resistance at 25.11 then it will probably continue higher to 28.95. The 200-day moving average is at 28.95. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 23.43 look for a rally to previous highs. The stock is slightly overbought according to the Stochastic Indicator (71.60).”

Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 25.32 and 23.67. If the stock breaks down through support at 25.32 then it will probably continue lower to 23.67. The stock has resistance at 28.98 and at 32.47. If the stock breaks up through resistance at 28.98 then it will probably continue higher to 32.47. The 200-day moving average is at 28.98. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 25.32 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (64.96).”

Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which implies it is in a negative trend.

The stock has support at 23.78 and 22.17. If the stock breaks down through support at 23.78 then it will probably continue lower to 22.17. The stock has resistance at 25.11 and at 29.00. If the stock breaks up through resistance at 25.11 then it will probably continue higher to 29.00. The 200-day moving average is at 29.00. This will also act as resistance. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 23.78 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (55.14).”

Bank of America Corporation (BAC) “On a long-term technical basis, the stock (BAC) is trading below its 200-day moving average which implies it is in a negative trend. If the new level of support at 22.17 holds, look for a bounce to the next resistance level at 22.95. If the stock breaks up through resistance at 23.90 a positive trend change is being attempted. Look for a possible long-term rally to previous highs.

The stock has support at 22.17 and 20.25. If the stock breaks down through support at 22.17 then it will probably continue lower to 20.25. The stock has resistance at 22.95 and at 25.11. If the stock breaks up through resistance at 22.95 then it will probably continue higher to 25.11. The 200-day moving average is at 29.02. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (46.56).”