BANK OF NOVA SCOTIA (BNS) Stock Technical Analysis
NYSE:BNS - New York Stock Exchange, Inc. - CA0641491075 - Common Stock - Currency: USD
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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that BNS is one of the better performing stocks in the market, outperforming 76% of all stocks. On top of that, BNS also shows a nice and consistent pattern of rising prices.
BNS is one of the better performing stocks in the Banks industry, it outperforms 77% of 393 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 2122120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BNS has a been trading in a tight range between 54.29 and 56.98.
Considerably lower volume is observed in the last couple of days.
Although BNS has an excellent technical rating, the quality of the presented setup is not ideal 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
44.67
57.60
When analyzing the support we can see 4 important areas.
- A support zone ranging from 53.69 to 54.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.35 from a trend line in the weekly time frame.
- Support @46.18 from a horizontal line in the weekly time frame.
- Support @45.12 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 56.05 to 57.03. This zone is formed by a combination of multiple trend lines and important moving averages 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNS is up. |
| ChartMill Relative Strength | 76.16 | POSITIVE | BNS has a high relative strength, it outperformed 76.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BNS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.17 | NEUTRAL | The RSI value for BNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BNS has a negative trend. |
| Stochastics (14,3) | 65.85 | NEUTRAL | The Stochastics value for BNS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for BNS suggests low volalility. |
| Average Directional Index/ADX (14) | 36.68 | POSITIVE | The high ADX value value for BNS suggests a strong trend. |
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)
NYSE:BNS (7/31/2025, 10:43:04 AM)
55.91
-0.09 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.16%
1 Week-1.46%
2 Weeks1.69%
1 Month0.59%
3 Month11.22%
6 Month9.44%
12 Month22.62%
2 Year11.2%
3 Year-8.12%
5 Year36.19%
10 Year14.03%
15 Year11.71%
Volatility
ATR(14)0.5
ATR(20)%0.97%
ATR Inc13.9%
Range Today0.3
ADR(20)0.48
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.16
Mansfield-0.09
10 Day High56.98
10 Day Low54.57
20 Day High56.98
20 Day Low54.29
52 Week High57.07
52 Week Low43.68
CS1 End54.54
CR1 Start56.05
Volume & EV
DER(3)1.44%
DER(5)0.54%
Volume191.63K
Volume Incr-45.45%
Vol(5)1.35M
Vol(50)2.12M