BANK OF NOVA SCOTIA (BNS.CA) Stock Technical Analysis
TSX:BNS - Toronto Stock Exchange - CA0641491075 - Common Stock - Currency: CAD
Overall BNS gets a technical rating of 1 out of 10. BNS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BNS is one of the lesser performing stocks in the Banks industry. 86% of 31 stocks in the same industry do better.
BNS has an average volume of 4388400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, BNS turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
BNS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BNS is lagging the market.
In the last month BNS has a been trading in the 68.00 - 75.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, BNS does present a nice setup opportunity. 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 72.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 72.58, a Stop Loss order could be placed below this zone.
More info and screens
66.43
80.65
2 important support areas can be observed.
- A support zone ranging from 71.10 to 72.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @67.10 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 72.80 to 75.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 79.85 to 79.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.74
Mansfield-0.47
10 Day High73.13
10 Day Low68
20 Day High75.45
20 Day Low68
52 Week High80.14
52 Week Low60.68
Performance
1 Week-0.22%
2 Weeks-2.38%
1 Month-1.33%
3 Month-4.41%
6 Month12.54%
12 Month13.67%
2 Year7.64%
3 Year-20.97%
5 Year3.38%
10 Year8.65%
15 Year51.86%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)38.77
LBB70.99
UBB75.4
BANK OF NOVA SCOTIA
TSX:BNS (2/14/2025, 7:00:00 PM)
72.59
-0.04 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.06%
1 Week-0.22%
2 Weeks-2.38%
1 Month-1.33%
3 Month-4.41%
6 Month12.54%
12 Month13.67%
2 Year7.64%
3 Year-20.97%
5 Year3.38%
10 Year8.65%
15 Year51.86%
Volatility
ATR(14)1.16
ATR(20)%1.37%
ATR Inc-52.91%
Range Today0.51
ADR(20)0.88
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.74
Mansfield-0.47
10 Day High73.13
10 Day Low68
20 Day High75.45
20 Day Low68
52 Week High80.14
52 Week Low60.68
CS1 End72.58
CR1 Start72.8
Volume & EV
DER(3)-0.78%
DER(5)-0.83%
Volume2.57M
Volume Incr-26.41%
Vol(5)2.71M
Vol(50)4.39M