Bank Of America(BAC)

Bank of America (BAC) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for BAC · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$61.62last close · Jul 22, 202652-week range $44.75 – $62.12 · 0.8% below the high

Rising Wedge · playing out now

BAC is breaking down from a rising wedge — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 53% of the time.

As long as price stays below $62.03, it's in play — a daily close back above there calls it off.

The move's natural target sits near $57.85.

BAC Rising Wedge Pattern

BAC is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$57.85Projected move−5.8%Breakout level$61.09

New to this pattern? What a rising wedge is and how to trade it →

How Rising Wedges Have Performed

Win rate

50.4%

Avg return

+0.20R

Backtested trades

10,660

BAC win rate

48.8%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

BAC Pattern Trade History

Every completed pattern trade our nightly backtest found on BAC's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Rising Wedge	Jan 12, 2026 @ $55.29	Jan 14, 2026 @ $52.29	Win	+7.2% · +1.33R
Rising Wedge	Nov 14, 2025 @ $52.76	Dec 12, 2025 @ $55.14	Loss	+7.8% · -1.23R
Falling Wedge	Aug 22, 2025 @ $48.58	Sep 30, 2025 @ $51.59	Win	+8.6% · +0.78R
Bullish Pennant	Jun 23, 2025 @ $45.75	Jul 8, 2025 @ $47.15	Win	+7.2% · +0.67R
Rising Wedge	Feb 19, 2025 @ $45.88	Feb 25, 2025 @ $43.51	Win	+6.5% · +1.96R
Rising Wedge	Feb 10, 2025 @ $46.80	Feb 21, 2025 @ $44.71	Win	+5.2% · +1.77R
Rising Wedge	Jul 9, 2024 @ $41.16	Jul 22, 2024 @ $42.30	Win	+5.5% · +0.41R
Rising Wedge	Jul 2, 2024 @ $40.45	Jul 22, 2024 @ $42.30	Win	+5.1% · +0.87R
Rising Wedge	Mar 12, 2024 @ $35.96	May 29, 2024 @ $38.72	Win	+10.6% · +0.76R
Triangle	Mar 5, 2024 @ $35.45	May 29, 2024 @ $38.72	Win	+10.5% · +1.05R
Triangle	Jul 14, 2023 @ $30.00	Aug 1, 2023 @ $31.62	Win	+9.1% · +0.85R
Triangle	Jun 5, 2023 @ $28.82	Aug 1, 2023 @ $31.62	Win	+14.5% · +1.89R

Recent Rising Wedges on Other Charts

LINstopped −4.3%Jul 21, 2026 EWstopped −7.5%Jul 20, 2026 SPGIstopped −8.3%Jul 16, 2026 BROhit target +6.9%Jul 15, 2026

Learn about rising wedge

BAC Support and Resistance Levels

Price found a floor near $50.19 about 8 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $64.62 — still about 5% away.

Traders commonly watch $64.62 as a target (its 161.8% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $50.19 floor about 8 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

BAC Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$61.40	$61.90	$61.15	$61.62
Jul 21, 2026	$60.90	$61.53	$60.07	$61.22
Jul 20, 2026	$61.35	$61.49	$60.37	$60.42
Jul 17, 2026	$61.25	$62.12	$60.66	$61.27
Jul 16, 2026	$61.98	$62.00	$60.99	$61.49
Jul 15, 2026	$61.32	$62.03	$61.11	$61.59
Jul 14, 2026	$59.00	$61.21	$58.67	$60.62
Jul 13, 2026	$59.70	$60.05	$58.85	$59.50
Jul 10, 2026	$59.64	$59.87	$59.39	$59.67
Jul 9, 2026	$58.45	$59.43	$58.41	$59.25

BAC Frequently Asked Questions

What chart pattern is BAC forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Bank Of America (BAC) on the daily chart, with a measured-move target of $57.85.

Is a rising wedge bullish or bearish?

The rising wedge detected on BAC is a bearish pattern, projecting a measured-move target of $57.85. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a rising wedge pattern, and what is its win rate?

Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.

What is the price target if BAC's pattern breaks out?

The detected rising wedge has a geometry-based measured-move target of $57.85 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was BAC's closing price on Jul 22, 2026?

Bank Of America (BAC) last closed at $61.62 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.