BANK OF NOVA SCOTIA (BNS)

CA0641491075 - Common Stock

53.61  +0.19 (+0.36%)

After market: 53.61 0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to BNS. In the last year, BNS was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month BNS has a been trading in the 52.76 - 57.07 range, which is quite wide. It is currently trading near the lows of this range.
BNS 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 BNS is performing more or less in line with the market.
BNS has an average volume of 1245470 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.
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 63% of all stocks.
BNS is part of the Banks industry. There are 406 other stocks in this industry, BNS did better than 44% of them.
Weekly and Daily overview Charts
BNS Weekly chart
BNS Daily chart
Setup Rating and Analysis

2

BNS has an average technical rating and it also 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

45.44

57.60

We found 3 important support areas.

  • Support @51.48 from a horizontal line in the daily time frame.
  • Support @49.09 from a trend line in the weekly time frame.
  • A support zone ranging from 45.90 to 46.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 53.83 to 55.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 57.03 to 57.03. 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
CRS63.38
Mansfield-0.12
10 Day High56.16
10 Day Low52.76
20 Day High57.07
20 Day Low52.76
52 Week High57.07
52 Week Low43.68
Performance
1 Week-3.27%
2 Weeks-3.87%
1 Month-4.64%
3 Month-0.85%
6 Month18.82%
12 Month12.27%
2 Year9.45%
3 Year-25.22%
5 Year-5.1%
10 Year-6.08%
15 Year14.7%
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)-0.38
RSI(14)37.94
LBB53.25
UBB56.74
BNS Daily chart

BANK OF NOVA SCOTIA

NYSE:BNS (12/20/2024, 8:04:01 PM)

After market: 53.61 0 (0%)

53.61

+0.19 (+0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.36%
1 Week-3.27%
2 Weeks-3.87%
1 Month-4.64%
3 Month-0.85%
6 Month18.82%
12 Month12.27%
2 Year9.45%
3 Year-25.22%
5 Year-5.1%
10 Year-6.08%
15 Year14.7%
Volatility
ATR(14)0.84
ATR(20)%1.44%
ATR Inc3.18%
Range Today1.13
ADR(20)0.71
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.38
Mansfield-0.12
10 Day High56.16
10 Day Low52.76
20 Day High57.07
20 Day Low52.76
52 Week High57.07
52 Week Low43.68
CS1 End51.48
CR1 Start53.83
Volume & EV
DER(3)-1.34%
DER(5)-2.13%
Volume1.25M
Volume Incr2.44%
Vol(5)1.15M
Vol(50)1.25M