BANK OF NOVA SCOTIA (BNS.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:BNS - CA0641491075 - Common Stock
We assign a technical rating of 8 out of 10 to BNS. Although BNS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although BNS has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
65.32
3 important support areas can be observed.
- A support zone ranging from 95.68 to 97.08. 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 88.42 to 89.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.98 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 99.27 to 99.27. 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 BNS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNS.CA is up. |
| ChartMill Relative Strength | 69.72 | 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 | POSITIVE | The current price of BNS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.14 | OVERBOUGHT | The high RSI value suggests BNS.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests BNS.CA has a positive trend. |
| Stochastics (14,3) | 87.1 | OVERBOUGHT | The high Stochastics value suggests BNS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for BNS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 45.03 | POSITIVE | The high ADX value value for BNS.CA suggests a strong trend. |
TSX:BNS (12/5/2025, 7:00:00 PM)
99.26
+0.93 (+0.95%)
BANK OF NOVA SCOTIA / BNS.CA FAQ
What is the technical rating for BNS stock?
ChartMill assigns a technical rating of 8 / 10 to BNS.CA.
What is the trend direction for BNS stock?
The current trend direction for BANK OF NOVA SCOTIA (BNS.CA) is Bullish.
What is the RSI signal for BANK OF NOVA SCOTIA (BNS.CA) stock?
BANK OF NOVA SCOTIA (BNS.CA) has an RSI value of 73.1371. This indicates that the stock is currently overbought.
What is the buy/sell signal for BNS 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.
Can you provide the support and resistance levels for BANK OF NOVA SCOTIA?
BANK OF NOVA SCOTIA (BNS.CA) has a support level at 97.08 and a resistance level at 99.27. Check the full technical report for our detailed analysis of BNS.CA support and resistance levels.