Bank of Nova Scotia (BNS, $50) RSI Indicator left the overbought zone on May 06, 2025

#MajorBanks, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #LargeCap
BNS - Bank of Nova Scotia
RSI signal
Bearish Trend
66%
Odds of DOWN Trend
Price: $50
Daily change: -$0.27 (-0.54%)
Daily volume: 1.5M
Capitalization: $62.1B
Industry: Major Banks

This is a signal that BNS's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 38 similar cases where BNS's RSI Indicator left the overbought zone, and in 25 of them led to a successful outcome. Odds of Success: 66%.