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(BK) Bank New complete technical analysis [charts+indicators] | Buy/Sell Bank New | (BK) share price targets

Complete technical analysis of Bank New (BK) by charts plus indicators, forecast predictions and share price targets for Bank New (BK)

Bank New trades in USA in Finance sector.

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Bank New is 3641180

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	54.00	55.37	55.69	52.64	2.261 times
15 Mon Apr 2024	55.09	55.81	56.07	54.57	1.684 times
12 Fri Apr 2024	55.05	55.21	55.98	54.66	1.355 times
11 Thu Apr 2024	55.37	55.59	55.72	54.68	0.933 times
10 Wed Apr 2024	55.68	56.50	56.73	55.52	0.943 times
09 Tue Apr 2024	57.20	57.24	57.42	56.36	0.758 times
08 Mon Apr 2024	57.02	56.97	57.33	56.69	0.979 times
05 Fri Apr 2024	56.74	56.64	56.96	56.07	1.008 times
04 Thu Apr 2024	56.77	58.00	58.28	56.69	0.677 times
03 Wed Apr 2024	57.66	57.00	57.72	57.00	0.903 times

Stock of Bank New (BK) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 54.3, for a target of 55.4 or 56.37

Share price targets for Bank New (BK)

Target Type	Value
Downside Target	47.48
Downside Target	51.79
Upside Target	56.07
Upside Target	56.42
Upside Target	56.43
Upside Target	57.42
Upside Target	57.45
Upside Target	57.89
Upside Target	58.28

Intraday share price targets for Bank New (BK)

Target Type	Value
Downside Intraday Target	52.4
Downside Intraday Target	50.81
Upside Intraday Target	55.83
Upside Intraday Target	57.67
Upside Intraday Target	54.24

Weekly technical analysis of Bank New (BK)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	54.00	55.81	56.07	52.64	0.794 times
12 Fri Apr 2024	55.05	56.97	57.42	54.66	1.235 times
05 Fri Apr 2024	56.74	57.46	58.28	56.07	1.261 times
28 Thu Mar 2024	57.62	56.56	57.89	56.42	0.757 times
22 Fri Mar 2024	56.47	54.57	57.45	54.21	0.616 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bank New (BK)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	54.00	57.46	58.28	52.64	0.645 times
28 Thu Mar 2024	57.62	55.94	57.89	53.87	0.976 times
29 Thu Feb 2024	56.09	55.50	56.25	53.40	0.7 times
31 Wed Jan 2024	55.46	52.00	56.43	51.79	1.359 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bank New (BK)

Price action analysis of Bank New ( (BK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bank New ( (BK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bank New ( (BK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bank New stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bank New in short term and the sell signal is strong.

Bank New Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bank New in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bank New is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.69 and Bank New (BK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bank New (BK) stock. Volume based technical analysis of Bank New (BK) stock is negative.

Bank New Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.