BANK OF NEW YORK MELLON CORP (BK) Stock Technical Analysis
NYSE:BK - New York Stock Exchange, Inc. - US0640581007 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to BK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BK is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, BK did better than 88% of all other stocks. On top of that, BK also shows a nice and consistent pattern of rising prices.
BK is one of the better performing stocks in the Capital Markets industry, it outperforms 88% of 233 stocks in the same industry.
A new 52 week high is currently being made by BK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month BK has a been trading in the 87.41 - 95.36 range, which is quite wide. It is currently trading near the high of this range.
BK has an average volume of 4160370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although BK has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
73.89
96.15
3 important support areas can be observed.
- A support zone ranging from 88.33 to 89.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @79.57 from a trend line in the weekly time frame.
- A support zone ranging from 74.64 to 75.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BK is up. |
| ChartMill Relative Strength | 88.92 | POSITIVE | BK has a high relative strength, it outperformed 88.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.25 | OVERBOUGHT | The high RSI value suggests BK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests BK has a positive trend. |
| Stochastics (14,3) | 96.97 | OVERBOUGHT | The high Stochastics value suggests BK may be overbought. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for BK suggests low volalility. |
| Average Directional Index/ADX (14) | 19.25 | NEGATIVE | The low ADX value for BK suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 95.37 | 89.63 | 5.74 (6.02%) | 16.61% |
| An entry @95.37. This is a Buy Stop order right above the 10 day high. | An exit @89.63. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.74 points, which is 6.02%. | When investing 16.61% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:BK (7/15/2025, 2:59:07 PM)
95.2
-0.05 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.05%
1 Week2.14%
2 Weeks4.46%
1 Month6.18%
3 Month24.77%
6 Month14.36%
12 Month51.94%
2 Year109.99%
3 Year119.17%
5 Year165.69%
10 Year119.47%
15 Year279.94%
Volatility
ATR(14)1.44
ATR(20)%1.72%
ATR Inc-3%
Range Today3.01
ADR(20)1.55
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.92
Mansfield1.08
10 Day High95.36
10 Day Low89.64
20 Day High95.36
20 Day Low87.41
52 Week High95.36
52 Week Low60.93
CS1 End89.66
CR1 StartN/A
Volume & EV
DER(3)4.07%
DER(5)3.62%
Volume5.78M
Volume Incr13.73%
Vol(5)4.85M
Vol(50)4.16M