BANK OF NEW YORK MELLON CORP (BK)

US0640581007 - Common Stock

77.62  +1.21 (+1.58%)

After market: 77.62 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to BK. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month BK has a been trading in the 75.78 - 82.72 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that BK is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, BK also shows a nice and consistent pattern of rising prices.
BK is part of the Capital Markets industry. There are 220 other stocks in this industry. BK outperforms 86% of them.
BK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BK is performing more or less in line with the market.
BK has an average volume of 4026220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BK Weekly chart
BK Daily chart
Setup Rating and Analysis

4

Although BK has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

66.86

82.69

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 75.82 to 77.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 70.56 to 71.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @67.54 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 78.05 to 79.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 81.87 to 81.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.02
Mansfield1.17
10 Day High81.59
10 Day Low75.78
20 Day High82.72
20 Day Low75.78
52 Week High82.72
52 Week Low51.35
Performance
1 Week-1.53%
2 Weeks-3.59%
1 Month-1.6%
3 Month8.08%
6 Month31.96%
12 Month50.81%
2 Year70.52%
3 Year33.64%
5 Year54.22%
10 Year91.32%
15 Year177.51%
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)-0.61
RSI(14)44.79
LBB76
UBB82.53
BK Daily chart

BANK OF NEW YORK MELLON CORP

NYSE:BK (12/20/2024, 8:04:00 PM)

After market: 77.62 0 (0%)

77.62

+1.21 (+1.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.58%
1 Week-1.53%
2 Weeks-3.59%
1 Month-1.6%
3 Month8.08%
6 Month31.96%
12 Month50.81%
2 Year70.52%
3 Year33.64%
5 Year54.22%
10 Year91.32%
15 Year177.51%
Volatility
ATR(14)1.53
ATR(20)%1.84%
ATR Inc24.66%
Range Today1.93
ADR(20)1.4
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.02
Mansfield1.17
10 Day High81.59
10 Day Low75.78
20 Day High82.72
20 Day Low75.78
52 Week High82.72
52 Week Low51.35
CS1 End77.61
CR1 Start78.05
Volume & EV
DER(3)-1.16%
DER(5)0.44%
Volume13.08M
Volume Incr83.03%
Vol(5)6.22M
Vol(50)4.03M