BANK OF NOVA SCOTIA (BNS) Stock Technical Analysis
NYSE:BNS - CA0641491075 - Common Stock
61.89 USD
+0.48 (+0.78%)
Overall BNS gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BNS is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BNS did better than 79% of all other stocks.
BNS is part of the Banks industry. There are 393 other stocks in this industry. BNS outperforms 79% of them.
BNS is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BNS has a been trading in the 55.21 - 61.47 range, which is quite wide. It is currently trading near the high of this range.
BNS has an average volume of 2023140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BNS has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
44.67
62.51
We found 5 important support areas.
- A support zone ranging from 55.73 to 57.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.15 to 54.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.67 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.
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 | 79.52 | POSITIVE | BNS has a high relative strength, it outperformed 79.52% 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) | 84.31 | OVERBOUGHT | The high RSI value suggests BNS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests BNS has a positive trend. |
| Stochastics (14,3) | 92.82 | OVERBOUGHT | The high Stochastics value suggests BNS may be overbought. |
| Average True Range in percent/ATR (20) | 1.04 | LOW VOLATILITY | The low ATR as a percentage value for BNS suggests low volalility. |
| Average Directional Index/ADX (14) | 36.78 | 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 (8/27/2025, 10:44:01 AM)
61.89
+0.48 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.78%
1 Week8.38%
2 Weeks8.86%
1 Month9.76%
3 Month14.74%
6 Month23.74%
12 Month23.12%
2 Year29.45%
3 Year11.07%
5 Year42.09%
10 Year34.55%
15 Year27.46%
Volatility
ATR(14)0.68
ATR(20)%1.04%
ATR Inc429.55%
Range Today1.28
ADR(20)0.54
ADR(20)%0.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.52
Mansfield0.66
10 Day High61.47
10 Day Low56.35
20 Day High61.47
20 Day Low55.21
52 Week High61.47
52 Week Low44.09
CS1 End57.33
CR1 StartN/A
Volume & EV
DER(3)3.67%
DER(5)1.7%
Volume600.06K
Volume Incr84.05%
Vol(5)2.46M
Vol(50)2.02M