Technical Analysis for BK - Bank of New York Mellon Corporation (The)

Grade Last Price % Change Price Change
A 57.32 0.24% 0.14
BK closed up 0.24 percent on Friday, April 26, 2024, on 56 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Overbought Stochastic Strength 0.24%
New 52 Week Closing High Bullish -0.37%
Stochastic Reached Overbought Strength -0.37%
Outside Day Range Expansion -0.37%
Overbought Stochastic Strength -0.37%
Up 3 Days in a Row Strength -0.37%
Up 4 Days in a Row Strength -0.37%
Up 5 Days in a Row Strength -0.37%

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Profile

Bank of New York Mellon Corporation (The) Description

The Bank of New York Mellon Corporation provides various financial products and services worldwide. It operates through Investment Management, Investment Services, and Other segments. The Investment Management segment offers retail, intermediary, and institutional investment management, distribution, and related services. Its products include equity, fixed income, cash, and alternative/overlay products, as well as mutual funds, separate accounts, and annuities. This segment also provides investment management, wealth and estate planning, and private banking solutions to high-net-worth individuals and families, charitable gift programs, endowments and foundations, and related entities. The Investment Services segment offers global custody and fund, securities lending, investment manager outsourcing, performance and risk analytics, alternative investment, securities clearance, collateral management, corporate trust, payment, liquidity, foreign exchange, global clearing and execution, and managed account services. It also provides American and global depositary receipt programs, cash management and global prime brokerage solutions, broker-dealer and alternative investment services, and global payment/working capital solutions. This segment's customers include corporations, public funds, government agencies, foundations, and endowments; global financial institutions, including banks, broker-dealers, asset managers, insurance companies and central banks; and financial intermediaries, independent registered investment advisors, and hedge fund managers. The Other segment offers credit-related services and global markets and institutional banking services; engages in business exits, leasing operations, and corporate treasury activities. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: S&P 500 Investment Management Insurance Financial Products Investment Bank Cash Management Investment Services Banking Solutions Dreyfus Corporation Prime Brokerage Capital Solutions Institutional Banking Institutional Banking Services The Bank Of New York Mellon Credit Related Services Institutional Investment Management

Is BK 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 57.8526
52 Week Low 38.3121
Average Volume 3,674,346
200-Day Moving Average 48.65
50-Day Moving Average 55.57
20-Day Moving Average 56.01
10-Day Moving Average 55.89
Average True Range 1.05
RSI (14) 60.78
ADX 19.26
+DI 24.78
-DI 17.04
Chandelier Exit (Long, 3 ATRs) 54.71
Chandelier Exit (Short, 3 ATRs) 55.41
Upper Bollinger Bands 58.32
Lower Bollinger Band 53.71
Percent B (%b) 0.78
BandWidth 8.21
MACD Line 0.38
MACD Signal Line 0.16
MACD Histogram 0.2195
Fundamentals Value
Market Cap 43.53 Billion
Num Shares 759 Million
EPS 4.00
Price-to-Earnings (P/E) Ratio 14.33
Price-to-Sales 2.41
Price-to-Book 1.14
PEG Ratio 0.58
Dividend 1.58
Dividend Yield 2.76%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 58.25
Resistance 3 (R3) 58.28 57.99 58.10
Resistance 2 (R2) 57.99 57.75 57.98 58.05
Resistance 1 (R1) 57.65 57.60 57.82 57.63 57.99
Pivot Point 57.37 57.37 57.45 57.35 57.37
Support 1 (S1) 57.03 57.13 57.20 57.01 56.65
Support 2 (S2) 56.74 56.98 56.73 56.59
Support 3 (S3) 56.41 56.74 56.54
Support 4 (S4) 56.39