TSX:BNK - Toronto Stock Exchange - CA0888931023 - Currency: CAD
We assign a technical rating of 10 out of 10 to BNK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BNK is showing a nice and steady performance.
Although BNK has an excellent technical rating, it does not present a decent entry opportunity 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.
11.93
We found 3 important support areas.
We found 1 important resistance area.
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 BNK.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNK.CA is up. |
ChartMill Relative Strength | 78.41 | POSITIVE | BNK.CA has a high relative strength, it outperformed 78.41% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNK.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNK.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNK.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 65.09 | NEUTRAL | The RSI value for BNK.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BNK.CA has a positive trend. |
Stochastics (14,3) | 98.46 | OVERBOUGHT | The high Stochastics value suggests BNK.CA may be overbought. |
Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for BNK.CA suggests low volalility. |
Average Directional Index/ADX (14) | 12.56 | NEGATIVE | The low ADX value for BNK.CA suggests a weak or negative trend. |
TSX:BNK (6/6/2025, 7:00:00 PM)
13.66
-0.03 (-0.22%)