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The Bank of Nova Scotia

BNS Technical Analysis Summary (NYSE)

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

BNSNYSE
Financial ServicesBanks - Diversified
$88.55
$1.42(1.63%)
U.S. Market opens in 12h 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 Technical Analysis Summary (NYSE)

The Bank of Nova Scotia (NYSE: BNS) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.57)
Trend Strength:Moderate (ADX: 20.89)
Volatility:Low (ATR: 1.51)
Support/Resistance:$85.58 – $90.07 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 56.57

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 48.13

Neutral
Mid-range signal with no clear trend.

Williams %R: -37.89

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -1.15

Bearish
Selling pressure outweighs buying.

Takeaway:The Bank of Nova Scotia shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.64

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.89

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.51

Low
Low volatility, stable price action.

CCI (14): 82.28

Bullish
Bullish, momentum building upward.

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
$90.07
Middle Band (SMA 20)
$87.83
Lower Band
$85.58
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$90.41
Middle Line (EMA 20)
$87.38
Lower Channel
$84.35
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 Volume22.21M
Money Flow Index43.97Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.70Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BNS shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of The Bank of Nova Scotia (NYSE: BNS), 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

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

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

(NYSE: BNS) Technical Analysis FAQ