Published: October 14th, 2025
Bank of America reported $26.46 billion in sales last quarter, up 4.3% year over year, meeting analysts' revenue projections. The company had a sluggish quarter, missing analysts' projections of net interest revenue by a small margin and missing analysts' estimates of EPS by a thin margin.
Analysts anticipate that Bank of America's revenue will increase 8.8% year over year, reaching $27.58 billion this quarter, which would be an improvement over the company's flat sales in the same period last year. It is anticipated that adjusted earnings will be $0.95 per share.
Over the past 30 days, the company's analysts have largely reaffirmed their projections, indicating that they expect the business to continue on its current trajectory as it reports its results. Over the past two years, Bank of America has twice fallen short of Wall Street's revenue projections.
Investor sentiment has generally been deteriorating in the banking sector, as the peer group of Bank of America has had an average 4.3% decline in the past month. As it enters results, Bank of America has fallen 3.3% and has a typical analyst price objective of $56.31.
Let's see the complete outlook of this stock from the BAC technical analysis:
In the daily chart of Bank of America stock (BAC), an ongoing bullish momentum is visible, although the current price is trading sideways near the top. Primarily, the bearish recovery from the 52.90 level is worth noting, as it pushed the price down toward the 48.87 support level. Investors should closely monitor how the price reacts around this support, as sufficient confirmation is needed before anticipating a trend continuation.
In the higher timeframe, the price is trading within the premium zone, as the most recent movement tapped the all-time high and then moved below the February 2022 high. A successful close below the key 50.00 psychological level could initiate a further correction in the coming days. Moreover, the weekly timeframe shows that the price is still supported by the ascending channel; however, a failure to hold this channel support could trigger additional downside pressure.
In terms of volume, the overall structure remains bullish as the current price is holding above the 44.27 high line. Even though the price is above this line, the widening gap between the current price and the high-volume area signals a possible correction ahead.
On the main price chart, the 200-day Simple Moving Average has formed a bullish crossover with the high line, signaling a major bullish structure. However, the immediate 50-day Exponential Moving Average is hovering above the current price, and a strong daily close below this line could indicate further weakness.
In the indicator window, the Relative Strength Index (RSI) has reached the lower band, signaling a possible bottom formation. However, the RSI is still above the 30.00 oversold level, which suggests that one more bearish push might be pending.
Based on the overall market structure, the BAC price might extend a short-term correction and form a new swing low below the 48.00 level before resuming its bullish trend. In that case, a daily close above the 50-day EMA could create a decent buying opportunity targeting the 52.90 level.
On the other hand, the ongoing bearish correction might find support from the 200-day SMA, which lies near the 46.00 level. As long as the price remains above the 44.27 high line, the broader bullish structure stays intact. However, a decisive break and consolidation below this line could trigger a short opportunity targeting the 36.00 area.
In the four-hour timeframe, a clear bearish signal is visible as the current price is trading below the Ichimoku Cloud area. Moreover, the future cloud has flipped its position, with both leading lines heading lower, signaling a potential continuation of the downtrend. In this case, investors should closely monitor how the price reacts to the selling pressure below the cloud area, as a possible consolidation beneath this zone could trigger a short opportunity.
In the secondary indicator window, the MACD signal line has formed a crossover with the main line, indicating a potential top formation near the 52.62 level. Meanwhile, the histogram has maintained a bearish pressure for a considerable time, supporting the possibility of further downside movement.
Based on the overall market structure, BAC has a higher probability of extending the current correction and finding support around the 44.76 level. However, the bearish outlook remains valid as long as the Kijun-sen resistance holds near the 51.00 level. A bullish breakout above the 52.00 cloud high would invalidate the bearish scenario and open the door for a potential rally toward the 55.00 area.
In the early timeframe and continuing into the present, there is visible momentum, with the entire high-volume line positioned above the current price and acting as a crucial resistance level. Additionally, the exponential moving average wave and the weekly VWAP line are also above the current price, contributing to a confluence where selling pressure is evident.
In the secondary indicator window, sideways momentum is visible, which explains the lack of significant movement in the secondary Traders Dynamic Index (TDI) band. As the current TDI line hovers around the 40.00 level, we may expect selling momentum to extend further.
Based on the overall market structure, a continuation of the bearish price movement is possible, as long as the price remains above the 50.60 high-volume line. In the near term, immediate support is located at 48.00, followed by the psychological support at the 40.00 level.
On the other hand, the ongoing trendline resistance indicates significant buy-side liquidity above the current price. In that case, a bullish sweep toward the 50.10 level is possible before presenting a short-selling opportunity. However, if buying pressure extends and consolidation occurs above the 50.60 high-volume line, it may resume the bullish market momentum.
Based on the overall market outlook, BAC stock is currently trading in a premium zone, and a notable bearish correction may be pending. On the daily chart, the price is still in a bullish trend, although a crucial event level is near the current price. As no internal bottom has been confirmed yet, investors should monitor how the upcoming earnings report influences the price.
A sell-side liquidity sweep followed by a bottom formation in the lower timeframe could present a decent long opportunity.
