Bank Of New York Mellon $BK Technical Update

The Bank Of New York Mellon (NYSE: BK) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for BK, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Strong Weak Neutral
P1 43.68 41.12 42.70
P2 44.53 43.96 48.66
P3 45.50 46.70 54.40

Long Term Trading Plans for BK

June 12, 2019, 6:30 am ET

The Technical Summary and Trading Plans for BK help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this BK Report.

BK - (Long) Support Plan

The technical summary data tells us to buy BK near 42.70 with an upside target of 48.66. This data also tells us to set a stop loss @ 42.44 to protect against excessive loss in case the stock begins to move against the trade. 42.70 is the first level of support below 44.5 , and by rule, any test of support is a buy signal. In this case, support 42.70 would be being tested, so a buy signal would exist.

BK - (Short) Resistance Plan

The technical summary data is suggesting a short of BK as it gets near 48.66 with a downside target of 42.70. We should have a stop loss in place at 48.92 though. 48.66 is the first level of resistance above 44.5, and by rule, any test of resistance is a short signal. In this case, if resistance 48.66 is being tested, so a short signal would exist.

BK Long Term Analysis

BK EPS Analysis

BK Dividend Chart

BK Revenue chart

BK Growth rate - Quarterly

BK Growth rate - Yearly

BK PE chart

BK PEG chart