Technical Analysis for BK - Bank of New York Mellon Corporation (The)
|Grade||Last Price||% Change||$ Change|
BK closed up 0.11 percent on Thursday, February 23, 2017, on 65 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) -- sideways movement or a pullback should not be unexpected.
Trend Table & Recent Alerts
|Weak or Absent||Up||Up||Up|
|See historical BK trend table...|
|Date||Alert Name||Type||% Chg|
|Feb 23||NR7||Range Contraction||0.00%|
|Feb 17||50 DMA Support||Bullish||0.42%|
|Feb 17||Stochastic Sell Signal||Bearish||0.42%|
|Feb 14||Crossed Above 50 DMA||Bullish||1.11%|
|Feb 14||Expansion Pivot Buy Setup||Bullish Swing Setup||1.11%|
|Feb 13||Stochastic Reached Overbought||Other||2.65%|
|Feb 13||Non-ADX 1,2,3,4 Bearish||Bearish Swing Setup||2.65%|
|Feb 10||NR7||Range Contraction||3.91%|
|Feb 10||Narrow Range Bar||Range Contraction||3.91%|
|Feb 8||NR7||Range Contraction||4.87%|
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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 segments 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.
Is BK a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more BK news...
|52 Week High||49.33|
|52 Week Low||34.76|
|200-Day Moving Average||42.5|
|50-Day Moving Average||46.56|
|20-Day Moving Average||45.92|
|10-Day Moving Average||46.78|
|Average True Range||0.65|
|Chandelier Exit (Long, 3 ATRs)||45.68|
|Chandelier Exit (Short, 3 ATRs)||45.65|
|Upper Bollinger Band||47.98|
|Lower Bollinger Band||43.86|
|Percent B (%b)||0.84|