The Greedy Trader Weekly Analysis
Sign In Mar 27, 2026
Skip Navigation Links
Share
Number of records: 4
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Asset Management & Custody Banks Industry Stocks Technical Analysis - BK

Archive
- 3/20/2026 -
Sign In to see current Signals.

Bank of New York Mellon Corp. (BK) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold sectorBroken trend resistance line
Daily :Broken trend support lineThe price has fallen below the Parabolic SAR
Move cursor over the icon to see details.

It was the negative week for the Bank of New York Mellon Corp. (BK). During the week, the BK dropped -1.23 points, or -1.06%, and closed at 114.94 on Friday, March 20, 2026. BK was trading at average weekly trading volume.

BK is a member of Financials Sector. Financials is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See BK long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 26.40 and reached 128.76 on February 10, 2026. BK gained -102.36 points, or -387.73%, in 307 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (50.72) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See BK medium-term trend chart]
A medium-term uptrend had started on May 16, 2023 at 39.65 and reached 128.76 on February 10, 2026. BK gained -89.11 points, or -224.74%, in 143 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 86.22 and resistance is at 118.81. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

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

The weekly MACD line is below its signal line since February 13, 2026. The distance between MACD and the signal line is relatively high and getting bigger. 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 April 7, 2025 at 70.46 and reached 128.76 on February 10, 2026. BK gained -58.30 points, or -82.74%, in 309 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (122.13) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.

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

The daily MACD line is below its signal line since February 11, 2026. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 30.29
Williams' Percentage Range (W%R) 72.50
Lane's Stochastic (%D-Slow) 50.48
Greed/Fear Indicator (GFI) 36.08
Moving Average Converg./Diverg. (MACD) -0.96
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.73
Williams' Percentage Range (W%R) 59.60
Lane's Stochastic (%D-Slow) 29.77
Greed/Fear Indicator (GFI) 39.60
Moving Average Converg./Diverg. (MACD) 5.32
Trading Signals
Description Value Chart
Weekly Trendline Resistance 134.62
Weekly Trendline Support 122.13
Upper Bollinger Band 120.67
50 Day Moving Average 119.14
Monthly Trendline Resistance 118.81
Parabolic System 118.06
20 Day Moving Average 116.89
Weekly Stochastic Crossing 116.54
Daily Stochastic Crossing 115.53
Price 114.94
Lower Bollinger Band 112.91
Sector and Industry
Description Name Rank
Sector Financials 1
Industry Asset Management & Custody Banks 29
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 128.76
High Date 02/10/2026
Low 111.71
Low Date 03/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 134.62
Support 122.13
Low 70.46
Low Date 04/07/2025
High 128.76
High Date 02/10/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 118.81
Support 86.22
Low 39.65
Low Date 05/16/2023
High 128.76
High Date 02/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 36.22
Low Date 10/13/2022
High 128.76
High Date 02/10/2026
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 14.32
Support 50.72
Low 26.40
Low Date 03/18/2020
High 128.76
High Date 02/10/2026
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.