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US stock market · indicator signal

Volume profile bounce on Bank of America

On Bank of America the volume profile bounce showed up 97 times. The target came first 38% of the time, the stop 59%, and 3% went nowhere within 12 candles.

Counted on Bank of America: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily4240%57%2%
Hourly5536%60%4%

Bank of America against the rest

ChartsFoundTarget firstStop firstWent nowhere
Bank of America9738%59%3%
All US stock market charts3,59841%56%3%
Every market61,33036%58%6%

Year by year

YearFoundTarget firstStop first
201730%100%
201840%75%
2019650%50%
2020450%50%
2021560%40%
2022520%80%
2024683%17%
20253743%54%
20262425%71%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the volume profile bounce is

Price fell back to the price where the most trading happened, and bounced.

Imagine a market stall where most shoppers agreed on a fair price all week. When the price drops back to that fair price, shoppers who know it is a good deal rush in, and the price climbs again. The point of control is the price where the most trading happened, and a volume profile bounce is when price falls back to or near it and bounces up.

The full volume profile bounce lesson, video and quiz ›

Other patterns on Bank of America

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Gap up · Gap down · Doji · MACD bearish cross · RSI overbought drop · EMA 9/21 bullish cross · all of them

The volume profile bounce elsewhere

Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Sony · Gold · Silver · Ethereum · Bitcoin

Questions

How often does the volume profile bounce work on Bank of America?

In 97 cases on Bank of America, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 59%; 3% went nowhere within 12 candles.

What is the volume profile bounce?

Price fell back to the price where the most trading happened, and bounced.