BANK OF NOVA SCOTIA (BNS.CA) Technical Analysis
TSX:BNS • CA0641491075
Current stock price
BNS.CA Technical Rating and Analysis
Overall BNS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BNS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that BNS is one of the better performing stocks in the market, outperforming 72% of all stocks. On top of that, BNS also shows a nice and consistent pattern of rising prices.
- BNS is part of the Banks industry. There are 24 other stocks in this industry. BNS outperforms 73% of them.
- 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.
- BNS 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.
- BNS has an average volume of 4511280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BNS.CA Weekly and Daily overview Charts
BNS.CA Setup Rating and Analysis
BNS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 105.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 104.28, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
BNS.CA Support and Resistance Analysis
66.56
We found 4 important support areas.
- A support zone ranging from 99.90 to 104.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.47 to 97.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 93.59 to 93.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 105.46 to 105.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
BNS.CA Technical Indicator Signal Analysis
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 | 72.48 | POSITIVE | BNS.CA has a high relative strength, it outperformed 72.48% 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) | 66.09 | NEUTRAL | The RSI value for BNS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests BNS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.81 | OVERBOUGHT | The high Stochastics value suggests BNS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for BNS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.58 | NEGATIVE | The low ADX value for BNS.CA suggests a weak or negative trend. |
BNS.CA Chart- and CandleStick Pattern Analysis
BNS.CA Example Setup
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 |
|---|---|---|---|
| 105.76 | 101.96 | 3.80 (3.59%) | 25.00% |
| An entry @105.76. This is a Buy Stop order right above the resistance zone. | An exit @101.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.80 points, which is 3.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%. |
- 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.
BNS.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:BNS (4/28/2026, 7:00:00 PM)
104.9
+0.65 (+0.62%)
BANK OF NOVA SCOTIA / BNS.CA TA FAQ
What is the technical rating for BNS stock?
ChartMill assigns a technical rating of 10 / 10 to BNS.CA.
What is the current trend direction of BANK OF NOVA SCOTIA (BNS.CA) stock?
The current trend direction for BANK OF NOVA SCOTIA (BNS.CA) is Bullish.
Can you provide the RSI signal for BANK OF NOVA SCOTIA?
BANK OF NOVA SCOTIA (BNS.CA) has an RSI value of 66.0949. This indicates that the stock is currently neutral.
What is the short term momentum for BNS stock?
The short term momentum for BANK OF NOVA SCOTIA (BNS.CA) is positive.
What is the buy/sell signal for BANK OF NOVA SCOTIA (BNS.CA) stock?
The buy/sell signal for BANK OF NOVA SCOTIA (BNS.CA) is buy as both the short term and long term trends are positive.