Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

The Bank of New York Mellon Corporation (NYSE:BK)

Countertrend Up (+85) - BK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid BK?

MarketClub looks at technical strength and momentum to determine if the timing is right for BK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_BK
Open High Low BK Price Change
58.570 59.135 58.505 59.090 +0.760
Entry Signal

MarketClub’s Trade Triangles for BK

long term up The long-term trend has been UP since Nov 14th, 2023 at 46.505

intermediate term up The intermediate-term trend has been UP since May 9th, 2024 at 58.010

short term down The short-term trend has been DOWN since May 21st, 2024 at 58.690

Smart Scan Analysis for BK

Based on our trend formula, BK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for BK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.570 59.135 58.505 59.090 +0.760
Prev. Close Volume Bid Ask Time
59.090 1231457 2024-05-24 15:59:55
Year High58.99Year High Date2018-01-16
Year Low45.16Year Low Date2018-10-23
52wk High59.752wk High Date2024-05-20
52wk Low39.952wk Low Date2023-05-31
Year End Close25.7Average Volume2,819,821
Shares Outstanding747,816Short Interest17,228,508
% Institutional81.8Market Cap43,682M
Assets434,728,000MLiabilities394,159,000M
P/E Ratio14.619Beta1.34
Volatility21.97
Get a free daily analysis and signals for The Bank of New York Mellon Corporation (BK) - Request Your Free Report.