BANK OF NOVA SCOTIA (BNS.CA) Stock Technical Analysis
TSX:BNS • CA0641491075
Overall BNS gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BNS is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- BNS is one of the better performing stocks in the Banks industry, it outperforms 78% of 24 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.
- BNS has an average volume of 4412200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, BNS outperforms 68% of them, which is more or less in line with the market.
- In the last month BNS has a been trading in a tight range between 100.71 and 106.31.
- Considerably lower volume is observed in the last couple of days.
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 105.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 104.71, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
65.97
When analyzing the support we can see 2 important areas.
- A support zone ranging from 99.74 to 104.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.64 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 105.76 to 105.76. 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 | 68.58 | 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) | 64.53 | NEUTRAL | The RSI value for BNS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BNS.CA has a positive trend. |
| Stochastics (14,3) | 71.37 | NEUTRAL | The Stochastics value for BNS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for BNS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.03 | NEGATIVE | The low ADX value for BNS.CA suggests a weak or negative 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 |
|---|---|---|---|
| 105.77 | 102.12 | 3.65 (3.45%) | 25.00% |
| An entry @105.77. This is a Buy Stop order right above the resistance zone. | An exit @102.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.65 points, which is 3.45%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
TSX:BNS (2/20/2026, 7:00:00 PM)
105.75
+1.41 (+1.35%)
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.
Can you provide the trend direction for BANK OF NOVA SCOTIA?
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 64.529. This indicates that the stock is currently neutral.
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.
What is the support and resistance level for BNS stock?
BANK OF NOVA SCOTIA (BNS.CA) has a support level at 104.71 and a resistance level at 105.76. Check the full technical report for our detailed analysis of BNS.CA support and resistance levels.