The Greedy Trader Weekly Analysis
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- 3/27/2026 -
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Bank of New York Mellon Corp. (BK) Technical Analysis

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Summary:
Weekly :Oversold sectorBroken trend resistance line
Daily :Broken trend support lineDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
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It was the negative week for the Bank of New York Mellon Corp. (BK). During the week, the BK gave back -0.28 points, or -0.24%, and closed at 114.66 on Friday, March 27, 2026. Weekly volume was -14% below average.

BK is a member of Financials Sector. Financials is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See BK long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 26.40 and reached 128.76 on February 10, 2026. BK gained -102.36 points, or -387.73%, in 307 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (50.80) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See BK medium-term trend chart]
A medium-term uptrend had started on May 16, 2023 at 39.65 and reached 128.76 on February 10, 2026. BK gained -89.11 points, or -224.74%, in 143 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 86.57 and resistance is at 119.35. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See BK weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since February 13, 2026. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.

Short-term trend: [See BK short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 70.46 and reached 128.76 on February 10, 2026. BK gained -58.30 points, or -82.74%, in 309 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (123.11) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.

Daily Technical Indicators: [See BK daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.26
Williams' Percentage Range (W%R) 57.90
Lane's Stochastic (%D-Slow) 61.20
Greed/Fear Indicator (GFI) 50.51
Moving Average Converg./Diverg. (MACD) -0.77
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.10
Williams' Percentage Range (W%R) 57.40
Lane's Stochastic (%D-Slow) 28.55
Greed/Fear Indicator (GFI) 39.98
Moving Average Converg./Diverg. (MACD) 5.03
Trading Signals
Description Value Chart
Weekly Trendline Resistance 135.60
Weekly Trendline Support 123.11
Upper Bollinger Band 119.46
Monthly Trendline Resistance 119.35
50 Day Moving Average 118.66
Daily Stochastic Crossing 116.96
20 Day Moving Average 116.41
Weekly Stochastic Crossing 116.24
Price 114.66
Lower Bollinger Band 113.99
Parabolic System 113.61
Sector and Industry
Description Name Rank
Sector Financials 2
Industry Asset Management & Custody Banks 37
Daily Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
High 128.76
High Date 02/10/2026
Low 111.71
Low Date 03/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 135.60
Support 123.11
Low 70.46
Low Date 04/07/2025
High 128.76
High Date 02/10/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 119.35
Support 86.57
Low 39.65
Low Date 05/16/2023
High 128.76
High Date 02/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 36.22
Low Date 10/13/2022
High 128.76
High Date 02/10/2026
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 14.07
Support 50.80
Low 26.40
Low Date 03/18/2020
High 128.76
High Date 02/10/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.