Technical Analysis for BNS - The Bank of Nova Scotia

Grade Last Price % Change Price Change
C 65.730 0.09% 0.060
BNS closed up 0.09 percent on Monday, May 13, 2024, on 48 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 22
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Up

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Outside Day Range Expansion 0.09%
Overbought Stochastic Strength 0.09%
Upper Bollinger Band Touch Strength 0.09%
Shooting Star Candlestick Bearish 0.27%
NR7 Range Contraction 0.27%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 18 hours ago
Possible NR7 about 18 hours ago
Upper Bollinger Band Resistance about 21 hours ago
Rose Above Upper Bollinger Band about 22 hours ago
Rose Above Previous Day's High 4 days ago

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Profile

The Bank of Nova Scotia Description

The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Banking and Markets, and Global Wealth Management segments. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small businesses and commercial customers, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides Internet, mobile, and telephone banking services. The company operates a network of 952 branches and approximately 3,540 automated banking machines in Canada; and approximately 1,400 branches, 5,200 ATMs, and 22 contact centers internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.


Classification

Sector: Financial Services
Industry: Banks - Global
Keywords: Bank Financial Services Banking ING Group Economic History Of Italy Investment Banking Banking Products Private Banking

Is BNS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 69.335
52 Week Low 53.4715
Average Volume 4,360,422
200-Day Moving Average 61.526
50-Day Moving Average 65.957
20-Day Moving Average 64.329
10-Day Moving Average 64.637
Average True Range 0.761
RSI (14) 56.33
ADX 26.28
+DI 22.306
-DI 16.413
Chandelier Exit (Long, 3 ATRs) 64.778
Chandelier Exit (Short, 3 ATRs) 64.842
Upper Bollinger Bands 65.947
Lower Bollinger Band 62.710
Percent B (%b) 0.93
BandWidth 5.033
MACD Line -0.097
MACD Signal Line -0.389
MACD Histogram 0.2911
Fundamentals Value
Market Cap 79.69 Billion
Num Shares 1.21 Billion
EPS 5.32
Price-to-Earnings (P/E) Ratio 12.35
Price-to-Sales 3.14
Price-to-Book 1.50
PEG Ratio 1.42
Dividend 3.60
Dividend Yield 5.48%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 66.045
Resistance 3 (R3) 66.070 65.990 65.993
Resistance 2 (R2) 65.990 65.910 65.978 65.975
Resistance 1 (R1) 65.860 65.860 65.820 65.835 65.957
Pivot Point 65.780 65.780 65.760 65.768 65.780
Support 1 (S1) 65.650 65.700 65.610 65.625 65.503
Support 2 (S2) 65.570 65.650 65.558 65.485
Support 3 (S3) 65.440 65.570 65.468
Support 4 (S4) 65.415