Technical Analysis for BNS - The Bank of Nova Scotia

Grade Last Price % Change Price Change
B 63.860 0.38% 0.240
BNS closed up 0.38 percent on Friday, February 16, 2024, on 48 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: Feb 26
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Cup with Handle Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Cup with Handle Other 0.38%
Bollinger Band Squeeze Range Contraction 0.38%
BB Squeeze + Upper Band Touch Range Contraction 0.38%
Upper Bollinger Band Touch Strength 0.38%
Cup with Handle Other 0.76%

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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 68.1029
52 Week Low 54.2928
Average Volume 4,460,265
200-Day Moving Average 61.379
50-Day Moving Average 62.301
20-Day Moving Average 62.722
10-Day Moving Average 63.055
Average True Range 0.879
RSI (14) 58.51
ADX 11.92
+DI 22.973
-DI 19.329
Chandelier Exit (Long, 3 ATRs) 61.512
Chandelier Exit (Short, 3 ATRs) 63.468
Upper Bollinger Bands 64.211
Lower Bollinger Band 61.233
Percent B (%b) 0.88
BandWidth 4.747
MACD Line 0.373
MACD Signal Line 0.297
MACD Histogram 0.0761
Fundamentals Value
Market Cap 77.43 Billion
Num Shares 1.21 Billion
EPS 5.32
Price-to-Earnings (P/E) Ratio 11.99
Price-to-Sales 3.14
Price-to-Book 1.50
PEG Ratio 1.42
Dividend 3.60
Dividend Yield 5.64%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 64.835
Resistance 3 (R3) 64.823 64.487 64.673
Resistance 2 (R2) 64.487 64.238 64.493 64.618
Resistance 1 (R1) 64.173 64.085 64.330 64.185 64.564
Pivot Point 63.837 63.837 63.915 63.843 63.837
Support 1 (S1) 63.523 63.588 63.680 63.535 63.156
Support 2 (S2) 63.187 63.435 63.193 63.102
Support 3 (S3) 62.873 63.187 63.048
Support 4 (S4) 62.885