Trading Signals: BK Stock Price Prediction and Forecast

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Thu. Jun. 29, 2017

Trading Signals: BK Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)

(Bank of New York Mellon Corporation)
BK latest price $49.2884 (0.81%) ($48.8439 - $49.8488) on Thu. Jun. 29, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.75% (three month average)
RSI   67
Latest Price   $49.2884(0.81%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BK advances 0.6% a day on average for past five trading days.
Weekly Trend   BK advances 0.5% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support BK advance at 0% a week (0% probability)
XLF(77%)    IVE(70%)    IWD(70%)    VYM(69%)    SDY(67%)
Factors Impacting BK price   BK will decline at least -0.375% in a week (0% probabilities).
TLT(-27%)    VIXM(-21%)    UUP(-17%)    IGOV(-7%)    DIA(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.375% (StdDev 0.75%)
Hourly BBV 0 ()
Intraday Trend -1%

5 Day Moving Average   $48.31(2.03%)
10 Day Moving Average   $48.24(2.17%)
20 Day Moving Average   $47.66(3.42%)
To recent high   0%
To recent low   10.4%
Market Cap   $43.663b

The Bank of New York Mellon Corp. is a bank holding company, which engages in the provision of financial services. It operates through the following segments: Investment Management, Investment Services, and Other. The Investment Management segment provides services to institutional and retail investors, as well as investment management, wealth and estate planning. The Investment Services segment includes institutional trust and custody fees, broker-dealer services, corporate trust, depositary receipts, and foreign exchange. The Other segment consists of leasing portfolio, corporate treasury, derivatives, and insurance services. The company was founded by Alexander Hamilton on June 9, 1784 and is headquartered in New York, NY.

$. BK price fluctuates within 2.16% (three month std-dev: 0.75%) daily (68% of days).

Sample size 27 Average positive next day return: 0.85%(44%) Average negative next day return: -0.95%(56%) Sample size 27 Average positive next three day return: 2.24%(63%) Average negative next three day return: -1.33%(37%) Sample size 27 Average positive next weekly return: 2.26%(59%) Average negative next weekly return: -1.88%(41%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170729

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_29_2017	45.88	47.66	48.24	48.31	48.49	49.04	49.29(0.81%)	UT	OpenLong	75	1	75	90	77	70	5.05	77%	0.13	63.4	0.75%	0	1.6	67	0
2	Jun_28_2017	45.82	47.48	48.11	48.03	48.06	48.37	48.89(1.85%)	UT	OpenLong	75	0.8	49	50	48	53	4.61	78%	0.11	58.1	0.75%	0	1.4	72	0
3	Jun_27_2017	45.77	47.32	48.03	47.84	48.06	47.93	48(0.26%)	UT	OpenLong	75	0.2	21	10	11	49	3.65	75%	0.09	53.2	0.74%	0	0.7	72	0
4	Jun_26_2017	45.73	47.2	48.02	47.87	47.86	47.75	47.88(0.77%)	UD	OpenLong	65	0	7	-20	-17	77	3.3	75%	0.09	55.9	0.74%	0	0.6	75	0
5	Jun_23_2017	45.69	47.1	47.98	48.01	48.01	47.79	47.51(-0.77%)	UD	OpenLong	65	-0.5	7	-30	-28	112	5.8	74%	0.11	62.6	0.74%	0	0.4	69	0

6	Jun_22_2017	45.64	47.01	48.01	48.15	48.19	47.98	47.88(-0.08%)	UD	OpenLong	65	-0.2	23	-30	-23	162	2.64	78%	0.09	70.1	0.73%	0	0.8	73	0
7	Jun_21_2017	45.6	46.89	47.91	48.2	48.26	48.23	47.92(-0.54%)	UD	OpenLong	65	-0.2	38	-0	-13	190	3.29	71%	0.11	72.6	0.73%	0	0.9	74	0
8	Jun_20_2017	45.55	46.77	47.76	48.23	48.23	48.41	48.18(-0.84%)	UD	OpenLong	75	-0	65	30	15	213	3.86	66%	0.11	73	0.76%	0	1.2	80	0
9	Jun_19_2017	45.5	46.62	47.53	48.18	48.09	48.3	48.58(0.78%)	UT	HoldLong	65	0.4	80	20	34	217	3.34	69%	0.13	71.9	0.78%	0	1.7	86	0
10	Jun_16_2017	45.44	46.44	47.26	47.95	47.93	48.06	48.21(0.22%)	UT	HoldLong	65	0.2	66	20	22	196	5.55	64%	0.11	69.1	0.79%	0	1.6	78	0

11	Jun_15_2017	45.39	46.26	47.03	47.85	47.79	47.88	48.1(0.02%)	UT	HoldLong	65	0.2	69	10	26	196	3.29	64%	0.11	65.5	0.79%	0	1.7	77	0
12	Jun_14_2017	45.34	46.08	46.8	47.58	47.63	47.79	48.09(0.4%)	UT	HoldLong	65	0.5	74	30	36	186	3.56	64%	0.13	58	0.79%	0	2	80	0
13	Jun_13_2017	45.28	45.95	46.54	47.22	47.34	47.7	47.9(0.96%)	UT	HoldLong	65	0.8	84	60	56	166	4.1	64%	0.13	55.2	0.79%	0	2.2	77	0
14	Jun_12_2017	45.22	45.82	46.3	46.77	46.88	47.47	47.44(-0.61%)	UD	OpenLong	75	0.9	85	100	68	137	3.78	62%	0.11	44.6	0.78%	0	2.1	77	0
15	Jun_9_2017	45.17	45.7	46.12	46.47	46.37	46.97	47.73(2.09%)	UT	HoldLong	65	1.9	89	80	76	127	5.11	62%	0.11	33.3	0.78%	0	3	83	0

16	Jun_8_2017	45.12	45.57	45.91	46.1	46.04	46.3	46.76(1.02%)	UT	HoldLong	65	1.4	68	40	55	108	5.54	60%	0.04	19	0.74%	0	2.5	81	0
17	Jun_7_2017	45.1	45.51	45.77	45.92	45.83	45.77	46.28(1.42%)	UT	HoldLong	65	0.9	30	-20	11	85	5.63	57%	0.04	8.1	0.74%	0	2	76	0
18	Jun_6_2017	45.08	45.46	45.68	45.77	45.74	45.79	45.64(-0.65%)	UD	OpenLong	65	-0.4	12	10	-5	64	7.25	53%	0	-3.9	0.72%	0	0.5	50	0
19	Jun_5_2017	45.08	45.46	45.65	45.74	45.72	45.9	45.94(0.06%)	UT	OpenLong	75	0.5	32	30	20	68	4.56	53%	0.02	1.2	0.72%	0	1.2	55	0
20	Jun_2_2017	45.07	45.46	45.55	45.72	45.59	45.7	45.91(0.19%)	UT	OpenLong	75	0.5	25	10	13	60	5.91	50%	0	6	0.72%	0	1.1	60	0

21	Jun_1_2017	45.07	45.48	45.43	45.69	45.58	45.55	45.82(0.64%)	UT	OpenLong	75	0.3	19	-10	10	46	5.79	57%	0	10.5	0.73%	0	0.9	56	0
22	May_31_2017	45.07	45.48	45.43	45.6	45.59	45.48	45.53(0.04%)	N/A	N/A	0	-0.2	-2	-20	-8	17	7.47	53%	0	8.1	0.73%	0	0.2	49	0
23	May_30_2017	45.07	45.47	45.43	45.58	45.58	45.62	45.51(-0.65%)	UD	OpenLong	65	-0.2	4	10	-1	19	5.54	50%	-0.04	8.1	0.73%	0	0.1	49	0
24	May_26_2017	45.09	45.48	45.32	45.53	45.54	45.7	45.81(0.06%)	UT	OpenLong	75	0.7	22	30	24	14	3.55	57%	0	2.4	0.8%	0	0.9	44	0
25	May_25_2017	45.09	45.46	45.25	45.36	45.4	45.55	45.78(0.89%)	RB	SmallLong	20	1.1	20	30	30	-12	4.33	57%		-4.9	0.81%	0	0.9	44	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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