BANK OF NOVA SCOTIA (BNS)
CA0641491075 - Common Stock
We assign a technical rating of 1 out of 10 to BNS. BNS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, BNS is a bad performer in the overall market: 63% of all stocks are doing better.
BNS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
BNS has an average volume of 2098370 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.
BNS is part of the Banks industry. There are 411 other stocks in this industry, BNS did better than 43% of them.
BNS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BNS is lagging the market slightly.
BNS has a poor technical rating and the quality of the setup is also only medium 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
44.96
52.31
We found 2 important support areas.
- A support zone ranging from 46.37 to 46.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 45.41 to 45.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 46.73 to 47.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.28 to 48.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.01 to 51.79. 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
CRS37.39
Mansfield-0.94
10 Day High49.86
10 Day Low46.25
20 Day High51.98
20 Day Low46.25
52 Week High51.98
52 Week Low39.8
Performance
1 Week1.96%
2 Weeks-6.28%
1 Month-6.1%
3 Month1.94%
6 Month18.43%
12 Month-5.25%
2 Year-25.32%
3 Year-25.75%
5 Year-14.11%
10 Year-22.19%
15 Year66.16%
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)-0.3
RSI(14)38.98
LBB45.27
UBB51.18
BANK OF NOVA SCOTIA
NYSE:BNS (4/24/2024, 11:42:06 AM)
46.675
-0.62 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.3%
1 Week1.96%
2 Weeks-6.28%
1 Month-6.1%
3 Month1.94%
6 Month18.43%
12 Month-5.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.84
ATR(20)%1.78%
ATR Inc
Range Today0.67
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High49.86
10 Day Low46.25
20 Day High51.98
20 Day Low46.25
52 Week High51.98
52 Week Low39.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume702.73K
Volume Incr-25.8%
Vol(5)1.62M
Vol(50)2.10M