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Takip Edin: @UscMarketsBNS Stock Forecast & The Bank of Chart Analysis
This article provides a detailed analysis of BNS-The Bank of stock including a forecast for BNS shares. It features The Bank of Nova Scotia technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
BNS Historical Data Review
BNS Current Price Performance Analysis
The The Bank of - BNS stock traded on the American stock market, on 06-05-2024, closed at 47.48$ with a %0.57 increased compared to the previous day.
In the last month, the price of BNS changed by %0.13 increased in value, from 47.42 dollars on 05-06-2024 to 47.48 dollars, increased.
Last year, the price of BNS was 49.61 dollars on 06-06-2023, and changed by %-4.29 decreased in value, to 47.48 dollars decreased within a year.
The price of The Bank of stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
BNS with AI Stock Forecast & Price Target
On the BNS chart The Bank of price was recorded as 47.48 Dollars on 06/05/2024.
The artificial intelligence's forecast on BNS stock is as follows.
The artificial intelligence's prediction error margin for BNS stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for The Bank of stock over the next 4 months is: 38.7 Dollars.
The commentary on BNS stock Target Price: Highest: 44.883 Dollars is predicted.
The commentary on BNS stock Target Price: Lowest: 33.989 Dollars is predicted.
Resistance Price where The Bank of stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-03-2024 | 39.728 |
| 12-02-2024 | 39.274 |
Support Price where The Bank of stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 38.710 |
| 11-07-2024 | 38.540 |
| 03-17-2025 | 33.989 |
The commentary on BNS stock: The target price can generally be said to be on the decline.
The commentary on BNS stock: Fluctuations in the target price can be expected in the coming days.
The target price for The Bank of stock by the end of 2024 is predicted to be 38.299 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on BNS stock, and the 2024 target price predictions for The Bank of are detailed above.
The technical analysis and charts for the commentary on BNS stock are below.
BNS Support & Resistance and Trend Analysis
BNS stock you have reviewed the technical analysis support resistance charts regarding.
BNS : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the BNS review, the The Bank of support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
The Bank of Support and Resistance Prices:
| BNS Support Level Price | BNS Resistance Level Price |
|---|---|
| 41.80 | 44.65 |
| 42.36 | 45.22 |
| 43.83 | 47.52 |
| 45.11 | 47.60 |
| 45.64 | 47.65 |
| 45.72 | 48.76 |
| 45.85 | 48.90 |
| 48.05 | 49.30 |
| 49.10 | 50.87 |
| 51.98 |
BNS Technical Analysis: SMA, RSI, MACD
Upon reviewing the BNS chart, buy and sell signals have been generated in the The Bank of technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for BNS stock are as follows:- The technical analysis for BNS indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for The Bank of indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for The Bank of stock: Click here to read more predictions on Tokio Marine Holdings stock.
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