The Greedy Trader Weekly Analysis
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- 4/17/2026 -
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Bank of New York Mellon Corp. (BK) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overboughtMACD bearish divergenceWeekly  MACD line has moved above its signal line
Daily :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overboughtThe period of high volatility of the stock price
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It was a third consecutive positive week for the Bank of New York Mellon Corp. (BK). During the week, the BK gained 7.54 points, or 5.91%, and closed at 135.10 on Friday, April 17, 2026. Weekly volume was 39% above average.

Long-term trend: [See BK long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 26.40 and reached 137.54 on April 17, 2026. BK gained -111.14 points, or -420.98%, in 317 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (51.03) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 137.54 on April 17, 2026. BK gained -97.89 points, or -246.89%, in 152 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (87.55) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend.

Weekly Technical Indicators: [See BK weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 March 9, 2026 at 111.71 and reached 137.54 on April 17, 2026. BK gained -25.83 points, or -23.12%, in 39 days. The chart has formed a Rising Channel chart pattern.

Daily Technical Indicators: [See BK daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help.

The daily MACD line is above its signal line since March 23, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.

The distance between the Bollinger Bands is 135.44% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 95.46
Strong Overbought
Williams' Percentage Range (W%R) 6.60
Strong Overbought
Lane's Stochastic (%D-Slow) 94.44
Strong Overbought
Greed/Fear Indicator (GFI) 94.42
Strong Overbought
Moving Average Converg./Diverg. (MACD) 2.82
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.93
Williams' Percentage Range (W%R) 4.90
Strong Overbought
Lane's Stochastic (%D-Slow) 54.73
Greed/Fear Indicator (GFI) 69.34
Moving Average Converg./Diverg. (MACD) 4.60 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 138.78
Daily Stochastic Crossing 136.76
Price 135.10
Parabolic System 130.30
Weekly Stochastic Crossing 127.96
20 Day Moving Average 123.46
Monthly Trendline Resistance 120.86
50 Day Moving Average 120.40
Lower Bollinger Band 112.08
Sector and Industry
Description Name Rank
Sector Financials 5
Industry Asset Management & Custody Banks 71
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 111.71
Low Date 03/09/2026
High 137.54
High Date 04/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 70.46
Low Date 04/07/2025
High 137.54
High Date 04/17/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 120.86
Support 87.55
Low 39.65
Low Date 05/16/2023
High 137.54
High Date 04/17/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 36.22
Low Date 10/13/2022
High 137.54
High Date 04/17/2026
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 13.39
Support 51.03
Low 26.40
Low Date 03/18/2020
High 137.54
High Date 04/17/2026
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.