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Asset Management & Custody Banks Industry Stocks Technical Analysis - BKArchive
- 6/27/2025 -
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Bank of New York Mellon Corp. (BK) Technical Analysis
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| Summary:
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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 -0.44 points, or -0.48%, and closed at 91.18 on Friday, June 27, 2025. Weekly volume was 46% above average.
BK is a member of Financials Sector. Financials is the most overbought 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 92.64 on June 20, 2025. BK gained -66.24 points, or -250.91%, in 274 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (47.76) 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 April 7, 2025 at 70.46 and reached 92.64 on June 20, 2025. BK gained -22.18 points, or -31.48%, in 10 weeks. The price is now at the 6.58% retracement level.
 Weekly Technical Indicators: [See BK weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since May 16, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 June 20, 2025 at 92.64 and reached 87.41 on June 23, 2025. BK lost 5.23 points, or 5.65%, in 3 days. The price is now at the 72.08% retracement level.
 Daily Technical Indicators: [See BK daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since May 28, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
The distance between the Bollinger Bands is falling, and it was 4.26% on Friday. It is 57.47% lower than one year average. It indicates the period of low 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.
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