The Greedy Trader Weekly Analysis
Sign In Jan 18, 2019
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 1
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Bank of New York Mellon Corp.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :Price is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was a third consecutive positive week for the Bank of New York Mellon Corp. (BK). During the week, the BK climbed 0.17 points, or 0.35%, and closed at 48.08 on Friday, January 11, 2019. Weekly volume was -18% below average.

Long-term trend: [See BK long-term trend chart]
A long-term downtrend had started on January 16, 2018 at 58.99 and reached 43.67 on December 26, 2018. BK lost 15.32 points, or 25.97%, in 49 weeks. The price is now at the 28.79% retracement level.

Medium-term trend: [See BK medium-term trend chart]
A medium-term downtrend had started on June 7, 2018 at 58.22 and reached 43.67 on December 26, 2018. BK lost 14.55 points, or 24.99%, in 28 weeks. The price is now at the 30.31% retracement level.

Weekly Technical Indicators: [See BK weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since June 29, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See BK short-term trend chart]
A short-term uptrend had started on December 26, 2018 at 43.67 and reached 48.33 on January 7, 2019. BK gained -4.66 points, or -10.67%, in 12 days. The price is now at the 5.36% retracement level.

Daily Technical Indicators: [See BK daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since December 31, 2018. This is an indication that the short-term trend is up.

Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.49
Williams' Percentage Range (W%R) 44.70
Lane's Stochastic (%D-Slow) 79.48
Greed/Fear Indicator (GFI) 68.43
Moving Average Converg./Diverg. (MACD) -0.37
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.98
Williams' Percentage Range (W%R) 65.00
Lane's Stochastic (%D-Slow) 35.07
Greed/Fear Indicator (GFI) 39.84
Moving Average Converg./Diverg. (MACD) -1.46
Trading Signals
Description Value Chart
Upper Bollinger Band 49.94
50 Day Moving Average 48.15
Price 48.08
Daily Stochastic Crossing 47.89
20 Day Moving Average 46.98
Weekly Stochastic Crossing 46.62
Parabolic System 45.44
Lower Bollinger Band 44.95
Sector and Industry
Description Name Rank
Sector Financial 3
Industry Money Center Banks 58
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 43.67
Low Date 12/26/2018
High 48.33
High Date 01/07/2019
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 51.98
High Date 12/03/2018
Low 43.67
Low Date 12/26/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 58.22
High Date 06/07/2018
Low 43.67
Low Date 12/26/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 58.99
High Date 01/16/2018
Low 43.67
Low Date 12/26/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 15.44
Low Date 01/20/2009
High 58.99
High Date 01/16/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2018 All rights reserved.