BANK OF NEW YORK MELLON CORP (BK) Stock Technical Analysis
NYSE:BK - US0640581007 - Common Stock
103.06 USD
+0.52 (+0.51%)
Overall BK gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BK did better than 88% of all other stocks. We also observe that the gains produced by BK over the past year are nicely spread over this period.
BK is one of the better performing stocks in the Capital Markets industry, it outperforms 86% of 238 stocks in the same industry.
BK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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 4173300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, BK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
74.67
104.65
4 important support areas can be observed.
- A support zone ranging from 101.86 to 102.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 88.33 to 88.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @81.66 from a trend line in the weekly time frame.
- Support @75.42 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 103.09 to 103.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 88.23 | POSITIVE | BK has a high relative strength, it outperformed 88.23% 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) | 59.99 | NEUTRAL | The RSI value for BK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests BK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.23 | NEUTRAL | The Stochastics value for BK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for BK suggests low volalility. |
| Average Directional Index/ADX (14) | 24.73 | NEUTRAL | The ADX value for BK suggests a possible start of a new 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 |
|---|---|---|---|
| 103.62 | 99.66 | 3.96 (3.82%) | 25.00% |
| An entry @103.62. This is a Buy Stop order right above the resistance zone. | An exit @99.66. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.96 points, which is 3.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- 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 (8/25/2025, 11:30:02 AM)
103.06
+0.52 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.51%
1 Week1.52%
2 Weeks-0.53%
1 Month1.61%
3 Month15.1%
6 Month17.52%
12 Month54.43%
2 Year128.53%
3 Year146.91%
5 Year177.29%
10 Year157.64%
15 Year322.67%
Volatility
ATR(14)1.8
ATR(20)%1.73%
ATR Inc-27.86%
Range Today1.37
ADR(20)1.66
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.23
Mansfield1.22
10 Day High104.47
10 Day Low99.67
20 Day High104.47
20 Day Low98.4
52 Week High104.47
52 Week Low66.01
CS1 End88.9
CR1 Start102.66
Volume & EV
DER(3)0.64%
DER(5)0.33%
Volume665.75K
Volume Incr-15.53%
Vol(5)2.94M
Vol(50)4.17M