TSX:BNS - Toronto Stock Exchange - CA0641491075 - Common Stock - Currency: CAD
Taking everything into account, BNS scores 6 out of 10 in our technical rating. BNS has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
BNS has an average technical rating and also the quality of the setup is only medium 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.
62.85
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for BNS.CA is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNS.CA is up. |
ChartMill Relative Strength | 61.5 | NEUTRAL | BNS.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNS.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNS.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of BNS.CA is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 67.28 | NEUTRAL | The RSI value for BNS.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests BNS.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 79.28 | NEUTRAL | The Stochastics value for BNS.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for BNS.CA suggests low volalility. |
Average Directional Index/ADX (14) | 30.57 | POSITIVE | The high ADX value value for BNS.CA suggests a strong trend. |
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 |
---|---|---|---|
71.77 | 69.44 | 2.33 (3.25%) | 25.00% |
An entry @71.77. This is a Buy Stop order right above the resistance zone. | An exit @69.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.33 points, which is 3.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
TSX:BNS (5/22/2025, 7:00:00 PM)
71.55
+0.06 (+0.08%)