BANK OF NOVA SCOTIA (BNS.CA) Stock Technical Analysis
TSX:BNS - Toronto Stock Exchange - CA0641491075 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to BNS. BNS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
BNS is one of the lesser performing stocks in the Banks industry. 89% of 30 stocks in the same industry do better.
BNS has an average volume of 5479520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BNS turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
BNS 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 BNS has a been trading in the 62.57 - 69.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BNS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 67.03, a Stop Loss order could be placed below this zone.
More info and screens
62.33
75.85
We found 2 important support areas.
- A support zone ranging from 65.60 to 67.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 62.96 to 63.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @75.10 from a horizontal line 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
CRS42.36
Mansfield-0.03
10 Day High67.75
10 Day Low63.09
20 Day High69.65
20 Day Low62.57
52 Week High80.14
52 Week Low60.68
Performance
1 Week3.03%
2 Weeks2.59%
1 Month-3.3%
3 Month-9.64%
6 Month-6.5%
12 Month5.8%
2 Year-0.47%
3 Year-17.26%
5 Year20.63%
10 Year1.17%
15 Year29.99%
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)0.41
RSI(14)51.82
LBB62.84
UBB67.91
TSX:BNS (4/24/2025, 7:00:00 PM)
67.31
+0.04 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.06%
1 Week3.03%
2 Weeks2.59%
1 Month-3.3%
3 Month-9.64%
6 Month-6.5%
12 Month5.8%
2 Year-0.47%
3 Year-17.26%
5 Year20.63%
10 Year1.17%
15 Year29.99%
Volatility
ATR(14)1.57
ATR(20)%2.22%
ATR Inc-51.02%
Range Today0.5
ADR(20)1.29
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.36
Mansfield-0.03
10 Day High67.75
10 Day Low63.09
20 Day High69.65
20 Day Low62.57
52 Week High80.14
52 Week Low60.68
CS1 End67.03
CR1 Start75.1
Volume & EV
DER(3)0.82%
DER(5)-0.49%
Volume4.05M
Volume Incr-37.39%
Vol(5)4.68M
Vol(50)5.48M