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The Bank of Nova Scotia

BNS.TO Technical Analysis Summary (TSX)

Analyze BNS.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BNS.TO●TSX
Financial ServicesBanks - Diversified
$129.31
$2.59(1.96%)
Canadian Market is Open · 10:52

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BNS.TO Technical Analysis Summary (TSX)

The Bank of Nova Scotia (TSX: BNS.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 55.78)
Trend Strength:Weak (ADX: 14.42)
Volatility:Low (ATR: 2.04)
Support/Resistance:$124.80 – $133.40 (Bollinger Bands)

Technical conditions suggest The Bank of Nova Scotia on the TSX is awaiting a decisive move. Technical conditions suggest The Bank of Nova Scotia is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 55.78

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 87.22

Bearish
Overbought levels may trigger pullback.

Williams %R: -16.70

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.37

Bullish
Steady upward momentum.

Takeaway:The Bank of Nova Scotia shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.38

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.42

Weak
Weak trend, market trading sideways.

ATR (14): 2.04

Medium
Medium volatility, healthy price movement.

CCI (14): 102.17

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:The Bank of Nova Scotia shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$133.40
Middle Band (SMA 20)
$129.10
Lower Band
$124.80
Current Position
Within Bands

Takeaway:The Bank of Nova Scotia trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$133.26
Middle Line (EMA 20)
$129.18
Lower Channel
$125.09
Squeeze Status
No Squeeze

Takeaway:The Bank of Nova Scotia trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-13.15M
Money Flow Index51.58Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.48Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BNS.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of The Bank of Nova Scotia (TSX: BNS.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for The Bank of Nova Scotia are mixed, suggesting a Hold or wait-and-see approach.

(TSX: BNS.TO) Technical Analysis FAQ