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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
$120.29
$0.28(0.23%)
Canadian Market opens in 2h 45m

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 Bearish (RSI: 40.66)
Trend Strength:Moderate (ADX: 20.78)
Volatility:Low (ATR: 2.03)
Support/Resistance:$119.17 – $127.73 (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): 40.66

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 15.11

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.96

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.11

Bearish
Selling pressure outweighs buying.

Takeaway:The Bank of Nova Scotia shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.25

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.78

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.03

Medium
Medium volatility, healthy price movement.

CCI (14): -145.08

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:The Bank of Nova Scotia shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$127.73
Middle Band (SMA 20)
$123.45
Lower Band
$119.17
Current Position
Within Bands

Takeaway:The Bank of Nova Scotia trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$127.10
Middle Line (EMA 20)
$123.04
Lower Channel
$118.98
Squeeze Status
No Squeeze

Takeaway:The Bank of Nova Scotia trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume7.69M
Money Flow Index68.11Bullish, inflows support continued momentum.
Relative Vigor Index36.41Bearish, price momentum favors sellers.

Overall Takeaway:BNS.TO shows mixed signals in money flow analysis.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:The Bank of Nova Scotia shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(TSX: BNS.TO) Technical Analysis FAQ