BANK OF NOVA SCOTIA (BNS.CA)

CA0641491075 - Common Stock

70.72  +0.48 (+0.68%)

Technical Rating and Analysis

8

Taking everything into account, BNS scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BNS is only an average performer.

BNS is part of the Banks industry. There are 38 other stocks in this industry, of which 81% are performing better than BNS.
The long and short term trends are both positive. This is looking good!
BNS is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BNS has a been trading in the 63.60 - 70.82 range, which is quite wide. It is currently trading near the high of this range.
BNS has an average volume of 3868140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BNS outperforms 60% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
BNS Weekly chart
BNS Daily chart
Setup Rating and Analysis

3

Although BNS has an excellent technical rating, it does not offer a high quality setup 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

60.54

71.44

3 important support areas can be observed.

  • A support zone ranging from 64.50 to 65.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 62.72 to 63.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 61.15 to 61.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 70.73 to 70.73. 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
CRS60.19
Mansfield-0.18
10 Day High70.82
10 Day Low66.55
20 Day High70.82
20 Day Low63.6
52 Week High70.82
52 Week Low55.2
Performance
1 Week3.23%
2 Weeks6.51%
1 Month10.81%
3 Month11.02%
6 Month4.86%
12 Month7.9%
2 Year7.64%
3 Year-9.29%
5 Year-6.02%
10 Year2.09%
15 Year44.71%
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)0.33
RSI(14)76.4
LBB65.08
UBB71.57
BNS Daily chart

BANK OF NOVA SCOTIA

TSX:BNS (9/13/2024, 7:00:00 PM)

70.72

+0.48 (+0.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.68%
1 Week3.23%
2 Weeks6.51%
1 Month10.81%
3 Month11.02%
6 Month4.86%
12 Month7.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.01
ATR(20)%1.28%
ATR Inc
Range Today0.67
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High70.82
10 Day Low66.55
20 Day High70.82
20 Day Low63.6
52 Week High70.82
52 Week Low55.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.28M
Volume Incr58%
Vol(5)4.68M
Vol(50)3.87M