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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
$121.14
$3.56(2.85%)
Canadian Market opens in 2h 54m

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: 46.87)
Trend Strength:Moderate (ADX: 24.83)
Volatility:Low (ATR: 2.17)
Support/Resistance:$119.87 – $126.68 (Bollinger Bands)

Technical conditions suggest The Bank of Nova Scotia on the TSX is awaiting a decisive move. This mix signals that The Bank of Nova Scotia is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 46.87

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 37.04

Bearish
Momentum remains weak below midpoint.

Williams %R: -96.76

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.82

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: 0.97

Bullish
Bullish, trend momentum is strengthening.

ADX: 24.83

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.17

Medium
Medium volatility, healthy price movement.

CCI (14): -107.83

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:The Bank of Nova Scotia shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$126.68
Middle Band (SMA 20)
$123.27
Lower Band
$119.87
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$127.02
Middle Line (EMA 20)
$122.68
Lower Channel
$118.35
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume33.51M
Money Flow Index57.06Neutral, balanced money flows with no clear signal.
Relative Vigor Index43.07Neutral to Bearish, sellers hold a slight edge.

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

MACD above 0 → bullish trend confirmation.

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

(TSX: BNS.TO) Technical Analysis FAQ