BANK OF NOVA SCOTIA (BNS.CA) Stock Technical Analysis
TSX:BNS - CA0641491075 - Common Stock
85.77 CAD
-0.05 (-0.06%)
Overall BNS gets a technical rating of 9 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, BNS 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, BNS did better than 73% of all other stocks.
BNS is one of the better performing stocks in the Banks industry, it outperforms 92% of 27 stocks in the same industry.
BNS 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.
In the last month BNS has a been trading in the 76.08 - 86.39 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
BNS has an average volume of 4788240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BNS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
65.56
86.63
When analyzing the support we can see 4 important areas.
- A support zone ranging from 79.08 to 79.42. 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 76.43 to 77.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @74.67 from a horizontal line in the weekly time frame.
- Support @66.22 from a trend line in the weekly 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 BNS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNS.CA is up. |
| ChartMill Relative Strength | 73 | POSITIVE | BNS.CA has a high relative strength, it outperformed 73% off all stocks 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 | POSITIVE | The current price of BNS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 91.45 | OVERBOUGHT | The high RSI value suggests BNS.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.78 | POSITIVE | The MACD value suggests BNS.CA has a positive trend. |
| Stochastics (14,3) | 91.3 | OVERBOUGHT | The high Stochastics value suggests BNS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for BNS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 56.08 | POSITIVE | The high ADX value value for BNS.CA suggests a strong 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)
TSX:BNS (8/29/2025, 7:00:00 PM)
85.77
-0.05 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.06%
1 Week7.62%
2 Weeks9.3%
1 Month11.26%
3 Month16.81%
6 Month19.42%
12 Month27.5%
2 Year33.76%
3 Year18.11%
5 Year52.16%
10 Year42.43%
15 Year67.36%
Volatility
ATR(14)0.96
ATR(20)%1.03%
ATR Inc-16.02%
Range Today0.77
ADR(20)0.74
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73
Mansfield0.65
10 Day High86.39
10 Day Low78.25
20 Day High86.39
20 Day Low76.08
52 Week High86.39
52 Week Low62.57
CS1 End79.42
CR1 StartN/A
Volume & EV
DER(3)-3.47%
DER(5)-0.73%
Volume4.56M
Volume Incr100.51%
Vol(5)6.47M
Vol(50)4.79M