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

Auto-detected technical analysis for BAC · data as of Jun 25, 2026. The chart above is live; the read below updates daily.

$58.19last close · Jun 25, 2026

BAC Rising Wedge Pattern

No chart pattern is currently detected on BAC. The most recent was a Rising Wedge, detected Jan 9, 2026.

A Rising Wedge is a breakdown that suggests the recent run may be rolling over. It projects a measured-move target near $52.29 (−7.2%). Across 14,154 backtested rising wedges, the setup followed through 49.3% of the time, averaging +0.13R; BAC's own rising wedges have hit 60.0%.

DirectionBearishTarget$52.29Projected move−7.2%Breakout level$55.98

BAC's most recent Rising Wedge trade

BAC's most recent completed Rising Wedge resolved as a win: it broke down on Jan 12, 2026 near $55.19, then reached its target at $52.29 on Jan 14, 2026 — a +1.23R move (5.3%) over 2 sessions. Across 137 backtested rising wedges, this setup wins 63.5% of the time.

OutcomeWinResult+1.23REntry$55.19Exit$52.29

How Rising Wedges have performed

Win rate
49.3%
Avg return
+0.13R
Backtested trades
14,154
BAC win rate
60.0%

Historical pattern statistics (1986-12-18 – 2026-06-11), not a prediction.

BAC support and resistance levels

Price found a floor near $49.53 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $62.50 — still about 8% away.

  • Traders commonly watch $62.50 as a target (its 200% 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.
  • Nothing here is a signal to act — the long would have set up at the $49.53 floor about 5 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh entry.

Nearest auto-detected support sits near $49.90, resistance near $60.98. These are chart/swing-derived levels, not formula pivots.

Resistance
$60.98$62.03
Support
$49.90$45.78

BAC recent daily prices

DateOpenHighLowClose
Jun 25, 2026$57.85$59.20$57.85$58.19
Jun 24, 2026$58.21$58.33$57.39$57.73
Jun 23, 2026$57.52$58.01$57.20$57.91
Jun 22, 2026$56.85$57.73$56.81$57.37
Jun 18, 2026$57.23$57.33$56.03$56.20
Jun 17, 2026$57.14$57.98$56.30$56.53
Jun 16, 2026$56.50$57.07$56.23$56.84
Jun 15, 2026$56.62$57.00$55.74$55.87
Jun 12, 2026$55.36$56.19$55.26$56.02
Jun 11, 2026$54.72$55.31$54.07$55.16

BAC frequently asked questions

What chart pattern is BAC forming right now?
No pattern is currently detected on BAC. The most recent was a Rising Wedge, detected Jan 9, 2026.
Is a Rising Wedge bullish or bearish?
The Rising Wedge detected on BAC is a bearish pattern, projecting a measured-move target of $52.29. 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 (14,154 trades over 516 symbols), it resolved in the expected direction 49.3% of the time with an average of +0.13R. These are historical statistics, not a prediction.
What are the support and resistance levels for BAC?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), BAC's nearest support is around $49.90 and nearest resistance around $60.98.
What is the price target if BAC's pattern breaks out?
The detected Rising Wedge has a geometry-based measured-move target of $52.29 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BAC's closing price on Jun 25, 2026?
Bank Of America (BAC) last closed at $58.19 on Jun 25, 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.

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