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- 4/2/2026 -
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Bank of New York Mellon Corp. (BK) Technical Analysis

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Summary:
Weekly :Oversold sectorBroken trend resistance lineTrend resistance at 119.78
Daily :The price is above the upper Bollinger BandPrice has crossed above the 50 Day Moving Average
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It was a first positive week for the Bank of New York Mellon Corp. (BK). During the week, the BK gained 7.47 points, or 6.51%, and closed at 122.13 on Thursday, April 2, 2026. Weekly volume was 13% above 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 (50.87) 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 price is near the trend resistance line (119.78). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line 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. Use the following link to access a MACD help.

Short-term trend: [See BK short-term trend chart]
A short-term downtrend had started on February 10, 2026 at 128.76 and reached 111.71 on March 9, 2026. BK lost 17.05 points, or 13.24%, in 27 days. The chart has formed a Falling Wedge chart pattern.

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

The daily MACD line is above its signal line since March 23, 2026.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.41
Williams' Percentage Range (W%R) 31.70
Lane's Stochastic (%D-Slow) 65.66
Greed/Fear Indicator (GFI) 67.12
Moving Average Converg./Diverg. (MACD) -0.39
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.32
Williams' Percentage Range (W%R) 41.70
Lane's Stochastic (%D-Slow) 29.91
Greed/Fear Indicator (GFI) 46.22
Moving Average Converg./Diverg. (MACD) 4.79
Trading Signals
Description Value Chart
Price 122.13
Upper Bollinger Band 121.62
Daily Stochastic Crossing 120.45
Monthly Trendline Resistance 119.78
50 Day Moving Average 118.49
20 Day Moving Average 116.63
Weekly Stochastic Crossing 116.61
Parabolic System 115.67
Lower Bollinger Band 113.59
Sector and Industry
Description Name Rank
Sector Financials 2
Industry Asset Management & Custody Banks 34
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 Uptrend
Status
Resistance
Support
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 Test Resistance
Resistance 119.78
Support 86.85
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 13.88
Support 50.87
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.