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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
$132.34
$1.91(1.46%)
Canadian Market opens in 62h 41m

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 bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.96)
Trend Strength:Moderate (ADX: 22.90)
Volatility:Low (ATR: 2.14)
Support/Resistance:$126.13 – $133.56 (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): 59.96

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 56.98

Neutral
Mid-range signal with no clear trend.

Williams %R: -26.66

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 2.04

Bullish
Steady upward momentum.

Takeaway:The Bank of Nova Scotia shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 1.60

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.90

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.14

Medium
Medium volatility, healthy price movement.

CCI (14): 73.73

Bullish
Bullish, momentum building upward.

Takeaway:The Bank of Nova Scotia shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$133.56
Middle Band (SMA 20)
$129.84
Lower Band
$126.13
Current Position
Within Bands

Takeaway:The Bank of Nova Scotia trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$134.08
Middle Line (EMA 20)
$129.79
Lower Channel
$125.51
Squeeze Status
Squeeze On

Takeaway:The Bank of Nova Scotia trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-10.43M
Money Flow Index61.65Bullish, inflows support continued momentum.
Relative Vigor Index53.98Neutral 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.

ADX above 20 → strong underlying trend.

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:The Bank of Nova Scotia stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(TSX: BNS.TO) Technical Analysis FAQ