BANK OF NEW YORK MELLON CORP (BK)

US0640581007 - Common Stock

66.41  -1.59 (-2.34%)

After market: 66.41 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, BK scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BK has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BK is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, BK also shows a nice and consistent pattern of rising prices.
BK is part of the Capital Markets industry. There are 221 other stocks in this industry. BK outperforms 91% of them.
BK is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BK is leading the market.
BK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BK has an average volume of 4032390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
BK Weekly chart
BK Daily chart
Setup Rating and Analysis

3

Although BK has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

54.46

68.90

5 important support areas can be observed.

  • A support zone ranging from 63.48 to 64.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 61.21 to 61.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 57.66 to 58.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 56.04 to 56.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @55.01 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 67.31 to 68.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.99
Mansfield1.19
10 Day High68.6
10 Day Low65.5
20 Day High68.6
20 Day Low62.83
52 Week High68.6
52 Week Low39.66
Performance
1 Week-1.25%
2 Weeks1.4%
1 Month4.73%
3 Month10.11%
6 Month19.72%
12 Month48.3%
2 Year72.4%
3 Year28.11%
5 Year46.89%
10 Year71.47%
15 Year129.08%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)54.87
LBB64.8
UBB68.76
BK Daily chart

BANK OF NEW YORK MELLON CORP

NYSE:BK (9/6/2024, 8:04:00 PM)

After market: 66.41 0 (0%)

66.41

-1.59 (-2.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-2.34%
1 Week-1.25%
2 Weeks1.4%
1 Month4.73%
3 Month10.11%
6 Month19.72%
12 Month48.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.97
ATR(20)%1.42%
ATR Inc
Range Today2.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High68.6
10 Day Low65.5
20 Day High68.6
20 Day Low62.83
52 Week High68.6
52 Week Low39.66
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.11M
Volume Incr4.94%
Vol(5)3.70M
Vol(50)4.03M