BANK OF NEW YORK MELLON CORP (BK) Stock Technical Analysis
NYSE:BK - New York Stock Exchange, Inc. - US0640581007 - Common Stock - Currency: USD
Taking everything into account, BK scores 4 out of 10 in our technical rating. Although BK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Looking at the yearly performance, BK did better than 88% of all other stocks. On top of that, BK also shows a nice and consistent pattern of rising prices.
BK is one of the better performing stocks in the Capital Markets industry, it outperforms 90% of 228 stocks in the same industry.
BK has an average volume of 4659580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
BK is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month BK has a been trading in the 70.46 - 86.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, BK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 79.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 73.95, a Stop Loss order could be placed below this zone.
More info and screens
72.58
87.37
We found 1 important support area.
- A support zone ranging from 73.31 to 73.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 79.97 to 81.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 85.25 to 86.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.74
Mansfield1.33
10 Day High80.16
10 Day Low70.46
20 Day High86.07
20 Day Low70.46
52 Week High90.34
52 Week Low56.08
Performance
1 Week-0.35%
2 Weeks-4.47%
1 Month-9.04%
3 Month-8.34%
6 Month-0.43%
12 Month35.62%
2 Year79.24%
3 Year81.5%
5 Year103.36%
10 Year80.3%
15 Year145.23%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.19
RSI(14)40.74
LBB70.96
UBB85.28
76.34
+0.61 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.81%
1 Week-0.35%
2 Weeks-4.47%
1 Month-9.04%
3 Month-8.34%
6 Month-0.43%
12 Month35.62%
2 Year79.24%
3 Year81.5%
5 Year103.36%
10 Year80.3%
15 Year145.23%
Volatility
ATR(14)4.06
ATR(20)%4.37%
ATR Inc-38.92%
Range Today2.24
ADR(20)3.09
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.74
Mansfield1.33
10 Day High80.16
10 Day Low70.46
20 Day High86.07
20 Day Low70.46
52 Week High90.34
52 Week Low56.08
CS1 End73.95
CR1 Start79.97
Volume & EV
DER(3)-0.5%
DER(5)0.28%
Volume4.32M
Volume Incr9.22%
Vol(5)4.90M
Vol(50)4.66M