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Bank of America shares show caution as RSI remains bullish despite muted momentum: weekly analysis
Bank of America (BAC) shares closed the week down 1.10% at $53.33, though they remain above key moving averages, indicating a long-term bullish bias. Despite strong Q1 2026 earnings and positive sentiment, technical indicators show mixed signals with muted momentum. The stock is expected to consolidate between $53.00 and $55.00, with a risk of further decline if the $53.00 support level is breached.