BANK NOVA SCOTIA HALIFAX PFD 3
BANK NOVA SCOTIA HALIFAX PFD 3
24.96 USD (-2.46%)
03/28/2025 - 19:59 Closed 15 min delayed data - NYSE Stocks
Open: 25.42
Change: -0.63
Volume: 380,223
Low: 24.70
High: 25.50
High / Low range: 0.80
Type: Stocks
Ticker: BNS
ISIN: CA0641491075

BANK NOVA SCOTIA HALIFAX PFD 3 - 1H - Technical analysis published on 11/22/2023 (GMT)

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  • 11/22/2023 - 17:30
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  • Timeframe : 1H
  • - Analysis generated on 11/22/2023 - 17:30
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bearish
Underlying: Bullish
Technical indicators
28%
44%
28%
My opinion
Bullish above 43.75 USD
My targets
44.64 USD (+1.29%)
45.71 USD (+3.72%)
My analysis
With a bullish background trend, the price of BANK NOVA SCOTIA HALIFAX PFD 3 is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 43.75 USD. A bullish break in the resistance located at 44.64 USD would boost the bullish momentum and fuel the basic trend. Then the price could move towards 45.71 USD. Then 48.39 USD by extension. It would be safer to wait for a bullish break in the resistance located at 44.64 USD before allowing yourself to re trade long positions (at purchase) on BANK NOVA SCOTIA HALIFAX PFD 3. PS: if there is a bearish break in the support located at 43.75 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
0.9

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The BANK NOVA SCOTIA HALIFAX PFD 3 rating is 44.07 USD. The price is lower by -0.02% since the last closing with the lowest point at 43.69 USD and the highest point at 44.14 USD. The deviation from the price is +0.87% for the low point and -0.16% for the high point.

43.69
44.14
44.07

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-22.5-15-7.507.5January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of BANK NOVA SCOTIA HALIFAX PFD 3 indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 40.76 42.44 43.75 44.07 44.23 44.64 45.71
Change (%) -7.51% -3.70% -0.73% - +0.36% +1.29% +3.72%
Change -3.31 -1.63 -0.32 - +0.16 +0.57 +1.64
Level Minor Intermediate Intermediate - Intermediate Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard43.2643.6643.8744.2744.4844.8845.09
Camarilla43.9143.9744.0244.0844.1444.1944.25
Woodie43.1743.6143.7844.2244.3944.8345.00
Fibonacci43.6643.8944.0444.2744.5044.6544.88


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard40.9941.7543.1443.9045.2946.0547.44
Camarilla43.9544.1544.3444.5444.7444.9345.13
Woodie41.3241.9143.4744.0645.6246.2147.77
Fibonacci41.7542.5743.0843.9044.7245.2346.05


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.4036.6038.5341.7343.6646.8648.79
Camarilla39.0639.5340.0040.4740.9441.4141.88
Woodie32.7836.2837.9141.4143.0446.5448.17
Fibonacci36.6038.5639.7741.7343.6944.9046.86

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Sell8
Moving averages
Created with Raphaël 2.3.0Buy19

RSI (14): 47.76
MACD (12,26,9): -0.0100
Directional Movement: -9.23
AROON (14): -50.00
DEMA (21): 44.22
Parabolic SAR (0,02-0,02-0,2): 44.40
Elder Ray (13): -0.07
Super Trend (3,10): 44.43
Zig ZAG (10): 44.12
VORTEX (21): 0.8900
Stochastique (14,3,5): 41.33
TEMA (21): 44.07
Williams %R (14): -54.59
Chande Momentum Oscillator (20): -0.21
Repulse (5,40,3): 0.4600
ROCnROLL: -1
TRIX (15,9): 0.0100
Courbe Coppock: 1.32
MA7: 44.20
MA20: 42.75
MA50: 43.85
MA100: 45.97
MAexp7: 44.12
MAexp20: 44.20
MAexp50: 43.98
MAexp100: 43.51
Price / MA7: -0.29%
Price / MA20: +3.09%
Price / MA50: +0.50%
Price / MA100: -4.13%
Price / MAexp7: -0.11%
Price / MAexp20: -0.29%
Price / MAexp50: +0.20%
Price / MAexp100: +1.29%

Quotes : 11/22/2023 - 17:14 - 15 min delayed data - NYSE Stocks

News


Don't forget to follow the news on BANK NOVA SCOTIA HALIFAX PFD 3. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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