Technical Analysis for BNS - The Bank of Nova Scotia

Grade Last Price % Change Price Change
D 63.150 -1.51% -0.970
BNS closed down 1.51 percent on Thursday, April 25, 2024, on 1.72 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup -1.51%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.51%
Outside Day Range Expansion -1.51%
Oversold Stochastic Weakness -1.51%
NR7 Range Contraction -2.24%
NR7-2 Range Contraction -2.24%
Up 3 Days in a Row Strength -2.24%
Oversold Stochastic Weakness -2.24%

   Recent Intraday Alerts

Alert Time
Lower Bollinger Band Support about 11 hours ago
Fell Below Lower Bollinger Band about 12 hours ago
1.5x Volume Pace about 13 hours ago
Down 2% about 13 hours ago
Down 1 ATR about 13 hours 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 4,466,442
200-Day Moving Average 61.423
50-Day Moving Average 65.727
20-Day Moving Average 66.227
10-Day Moving Average 64.498
Average True Range 0.903
RSI (14) 30.07
ADX 33.27
+DI 10.256
-DI 33.591
Chandelier Exit (Long, 3 ATRs) 66.627
Chandelier Exit (Short, 3 ATRs) 65.268
Upper Bollinger Bands 69.983
Lower Bollinger Band 62.471
Percent B (%b) 0.09
BandWidth 11.344
MACD Line -0.693
MACD Signal Line -0.279
MACD Histogram -0.4136
Fundamentals Value
Market Cap 76.57 Billion
Num Shares 1.21 Billion
EPS 5.32
Price-to-Earnings (P/E) Ratio 11.86
Price-to-Sales 3.14
Price-to-Book 1.50
PEG Ratio 1.42
Dividend 3.60
Dividend Yield 5.70%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 64.665
Resistance 3 (R3) 64.637 64.103 64.413
Resistance 2 (R2) 64.103 63.718 64.118 64.328
Resistance 1 (R1) 63.627 63.479 63.360 63.655 64.244
Pivot Point 63.093 63.093 62.960 63.108 63.093
Support 1 (S1) 62.617 62.708 62.350 62.645 62.056
Support 2 (S2) 62.083 62.469 62.098 61.972
Support 3 (S3) 61.607 62.083 61.888
Support 4 (S4) 61.635