


Technical Sentiment Analysis for Bank of Nova Scotia (BNS) As of 2026-05-08, Bank of Nova Scotia (BNS) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 9 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BNS stands at 60.335, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.418, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 81.254 and the Commodity Channel Index (CCI) at 95.945 further confirm a 1.82 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BNS is trading above its 60-day moving average of $73.476 and above its 200-day long-term moving average of $68.678. Key price levels to watch include the immediate resistance at $78.911 and strong support at $75.551. A break above $78.911 could signal a bull continuation, while falling below $75.551 may test the next Fibonacci floor at $73.915.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 72.191 | 73.915 | 75.551 | 77.275 | 78.911 | 80.635 | 82.271 |
| Fibonacci | 73.915 | 75.199 | 75.992 | 77.275 | 78.559 | 79.352 | 80.635 |
2026-05-08
| Name | Value |
|---|---|
| RSI_14 | 60.335 |
| STOCHk_14_3_3 | 81.254 |
| STOCHd_14_3_3 | 75.244 |
| CCI_20 | 95.945 |
| AO_5_34 | 4.077 |
| MOM_10 | 1.82 |
| MACD_12_26_9 | 1.418 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 77.462 | Buy |
| MA_10 | 77.186 | Buy |
| MA_20 | 76.272 | Buy |
| MA_60 | 73.476 | Buy |
| MA_200 | 68.678 | Buy |
| MA_250 | 65.715 | Buy |