Before accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
Stock Charts AI Power Rank: 9.3
Power Rank trend -> Rising
Industry: Banks - Diversified
Follow @stockchartsai on TwitterIn the past 20 trading days, BK has been trading in a range between $77.27 and $75.00 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
BK is trading below resistance at $77.75, about 1% to the upside. There is support at $68.22 -11% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Bank of New York Mellon $BK entered a Green zone 62 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $52.3, a potential down side of -32.13% from the recent price of 77.06. The stock is trading 4.19% (potential upside) below its 52 week high of $80.29 and 75.38 % (potential downside) above its 52 week low of $43.94 - based on the recent price.
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.
BNY to Speak at the Goldman Sachs Financial Services Conference NEW YORK , Nov. 7, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that Robin Vince, Chief Executive Officer, will speak at the Goldman Sachs Financial Services Conference in New York at 10:00 a.m. ET on Wednesday, December 11, 2024. Source: PRNewsWire Thu, 07 Nov 2024 08:30:00 -0500 Sentiment: Neutral |
BNY Mellon Acquires Archer Holdco, Enhances Managed Account Offerings BK acquires Archer Holdco to offer its clients an enhanced managed account service, aiding retail and institutional asset managers. Source: Zacks Investment Research Mon, 04 Nov 2024 10:50:21 -0500 Sentiment: Positive |
BNY Closes Acquisition of Archer NEW YORK , Nov. 1, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced the successful closing of its acquisition of Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry. The entry into the definitive agreement to acquire Archer was previously announced on September 5, 2024. Source: PRNewsWire Fri, 01 Nov 2024 08:30:00 -0400 Sentiment: Neutral |
Are You Looking for a Top Momentum Pick? Why The Bank of New York Mellon Corporation (BK) is a Great Choice Does The Bank of New York Mellon Corporation (BK) have what it takes to be a top stock pick for momentum investors? Let's find out. Source: Zacks Investment Research Thu, 24 Oct 2024 13:02:33 -0400 Sentiment: Positive |
Bank of New York Mellon Analysts Increase Their Forecasts After Upbeat Earnings The Bank Of New York Mellon Corporation BK posted better-than-expected third-quarter results on Friday. Source: Benzinga Mon, 14 Oct 2024 14:15:41 -0400 Sentiment: Positive |
Stock Analyzed Each Night
Easily Upload Track Your Stocks
See Lists of Stocks Starting New Trends
The information contained on this website is solely for educational purposes, and does not constitute investment advice. The risk of trading in securities markets can be substantial. By accessing this site, you agree we are not liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information from this site. Stocks, Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stock, futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. Individual results may vary, and testimonials are not claimed to represent typical results. All testimonials are by real people, and may not reflect the typical purchaser’s experience, and are not intended to represent or guarantee that anyone will achieve the same or similar results. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.