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Downtrend Broken Resist.Archive - 4/25/2025 - Sign In to see current Signals. |
Bank of New York Mellon Corp. (BK) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Bank of New York Mellon Corp. (BK). During the week, the BK gained 2.31 points, or 3.03%, and closed at 78.65 on Friday, April 25, 2025. Weekly volume was -7% below average.
Long-term trend: [See BK long-term trend chart] A long-term uptrend had started on March 18, 2020 at 26.40 and reached 90.34 on March 3, 2025. BK gained -63.94 points, or -242.20%, in 258 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (47.06) 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 October 13, 2022 at 36.22 and reached 90.34 on March 3, 2025. BK gained -54.12 points, or -149.42%, in 124 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (45.62) 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 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 March 7, 2025. The distance between MACD and the signal line is near its 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 October 17, 2023 at 39.66 and reached 90.34 on March 3, 2025. BK gained -50.68 points, or -127.79%, in 503 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (84.25) 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. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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