Bank Of AmericaBAC
Auto-detected technical analysis for BAC · data as of Aug 28, 2026. The chart above is live; the read below updates daily.
BAC is currently forming a rising wedge on the daily timeframe. Detected Aug 28, 2026.
A rising wedge usually breaks lower, but BAC is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $66.88 (+5.3%).
New to this pattern? What a rising wedge is and how to trade it →
BAC's most recent completed falling wedge resolved as a loss: it broke higher on Oct 28, 2026 near $50.90, then was stopped out at $49.26 on Nov 3, 2026 — a 3.2% move (-1.00R) over 4 sessions. Across 137,198 backtested falling wedges, this setup wins 42.2% of the time.
Every completed pattern trade our nightly backtest found on BAC's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling wedge | Oct 28, 2026 @ $50.90 | Nov 3, 2026 @ $49.26 | Loss | +8.7% · -1.00R |
| Rising wedge | Aug 7, 2026 @ $62.53 | Aug 10, 2026 @ $63.97 | Loss | +7.6% · -1.00R |
| Rising wedge | Jul 14, 2026 @ $60.53 | Sep 17, 2026 @ $58.40 | Loss | +10.7% · -1.26R |
| Triangle | Jun 4, 2026 @ $53.64 | Jul 9, 2026 @ $58.45 | Win | +11.8% · +1.99R |
| Triangle | Jun 4, 2026 @ $54.20 | Jul 30, 2026 @ $61.52 | Win | +14.4% · +2.46R |
| Falling wedge | Feb 27, 2026 @ $50.07 | Jun 15, 2026 @ $56.87 | Loss | +8.2% · -1.00R |
| Rising wedge | Jan 12, 2026 @ $54.98 | Jan 14, 2026 @ $52.35 | Win | +4.8% · +1.02R |
| Rising wedge | Jan 5, 2026 @ $57.41 | Jan 14, 2026 @ $52.88 | Loss | +8.9% · -1.79R |
| Rising wedge | Jan 5, 2026 @ $57.50 | Jan 14, 2026 @ $52.88 | Loss | +3.0% · -1.76R |
| Rising wedge | Jan 5, 2026 @ $57.53 | Jan 14, 2026 @ $52.88 | Loss | +5.3% · -1.75R |
| Rising wedge | Dec 15, 2025 @ $56.02 | Jan 15, 2026 @ $52.72 | Loss | +5.7% · -1.45R |
| Triangle | Nov 14, 2025 @ $52.09 | Dec 4, 2025 @ $54.69 | Loss | +6.1% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
A chance to go short showed up on the weekly chart about a week ago: price ran up to $64.62 — a level traders often watch as a target (161.8% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 28, 2026 | $61.38 | $62.56 | $61.36 | $62.32 |
| Aug 27, 2026 | $61.75 | $62.02 | $61.10 | $61.17 |
| Aug 26, 2026 | $62.39 | $62.58 | $61.94 | $62.23 |
| Aug 25, 2026 | $62.20 | $62.75 | $61.87 | $62.43 |
| Aug 24, 2026 | $61.74 | $62.76 | $61.52 | $62.33 |
| Aug 21, 2026 | $62.33 | $62.52 | $61.52 | $61.69 |
| Aug 20, 2026 | $63.06 | $63.24 | $61.81 | $61.86 |
| Aug 19, 2026 | $64.20 | $64.43 | $62.98 | $63.17 |
| Aug 18, 2026 | $64.00 | $64.40 | $63.57 | $64.23 |
| Aug 17, 2026 | $64.40 | $65.23 | $63.88 | $63.89 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.