MENU
Go to the list of all blogs
Vitalii Liubimov's Avatar
published in Blogs
Oct 12, 2023

Banks like $BNS, $BMO, $PNC, $TFC, $MTB, and others have experienced a roughly 10% decline over the year.

 

"Nine banks have remained in negative territory over the year while showing short-term growth signals. For more signals, you can subscribe to our robots at AI-ROBOTS."

Notable companies The most notable companies in this group include PNC Financial Services Group (NYSE:PNC), Regions Financial Corp (NYSE:RF), and Huntington Bancshares (NASDAQ:HBAN).

Market Cap The average market capitalization across the group is $31.2 billion, with market caps for tickers in the group ranging from $12.7 billion to $58.7 billion. BMO boasts the highest valuation in this group at $58.7 billion, while CFG is the lowest valued company at $12.7 billion.

High and low price notable news The average weekly price growth across all stocks in the group was 3.5%. However, the average monthly price growth was -2.95%, and the average quarterly price growth was -4.71%. TFC experienced the highest price growth at 8.96%, while RF experienced the most significant decline at -0.43%.

10/11/23 2:10 PM: Truist Financial (TFC, $29.25) was a top weekly gainer, surging by +7.58%. 10/11/23 2:10 PM: Citizens Financial Group (CFG, $26.81) was also among the top weekly gainers, with a +5.34% increase. 10/11/23 2:10 PM: M&T Bank (MTB, $126.93) showed significant weekly growth, rising by +5.21%.

Volume The average weekly volume growth across all stocks in the group was 6.69%. For the same group of stocks, the average monthly volume growth was 26.51%, and the average quarterly volume growth was -4.07%.

10/7/23 11:00 AM: Bank of Nova Scotia stock experienced four consecutive days of increased volume, resulting in a remarkable daily growth of 111% compared to the 65-Day Volume Moving Average. 3/17/23 6:56 AM: Truist Financial stock witnessed three consecutive days of increased volume, with a daily growth of 366% compared to the 65-Day Volume Moving Average. 3/17/23 6:56 AM: Huntington Bancshares stock also had three consecutive days of increased volume, with a daily growth of 265% compared to the 65-Day Volume Moving Average.

Fundamental Analysis Ratings The average fundamental analysis ratings, where 1 is the best and 100 is the worst, are as follows:

Valuation Rating: 59 P/E Growth Rating: 72 Price Growth Rating: 59 SMR Rating: 4 Profit Risk Rating: 95 Seasonality Score: 55 (-100 ... +100)

BNS's RSI Indicator moved out of oversold territory on October 5, 2023, signaling a potential shift from a downward to an upward trend. There's a 60% chance of a price increase.

BMO might experience an upward trend after breaking its lower Bollinger Band on October 2, 2023. There's a 62% chance of continued upward movement.

PNC saw its Momentum Indicator turn positive on October 10, 2023, indicating a potential new upward trend. There's a 71% chance of the price moving higher.

TFC's Stochastic Indicator left oversold territory on October 9, 2023, which is a bullish sign. There's a 72% chance of a price increase.

MTB also saw its Momentum Indicator turn positive on October 10, 2023, suggesting a potential new upward trend. There's a 71% chance of a price increase.

FITB might experience an upward trend after breaking its lower Bollinger Band on September 27, 2023, with a 77% chance of continued upward movement.

RF's RSI Oscillator moved out of oversold territory on October 10, 2023, signaling a potential shift from a downward to an upward trend. There's a 77% chance of a price increase.

HBAN saw its Momentum Indicator turn positive on October 10, 2023, indicating a potential new upward trend. There's a 78% chance of the price moving higher.

CFG also experienced a positive shift in its Momentum Indicator on October 10, 2023, suggesting a potential new upward trend with an 80% chance of the price increasing.

 

Related Ticker: BNS, BMO, PNC, TFC, MTB, FITB, RF, HBAN, CFG

BNS in downward trend: price may decline as a result of having broken its higher Bollinger Band on May 29, 2025

BNS broke above its upper Bollinger Band on May 29, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 33 similar instances where the stock broke above the upper band. In of the 33 cases the stock fell afterwards. This puts the odds of success at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for BNS moved out of overbought territory on June 17, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 53 cases where BNS's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for BNS turned negative on June 17, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 37 similar instances when the indicator turned negative. In of the 37 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BNS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BNS advanced for three days, in of 334 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 285 cases where BNS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BNS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BNS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 31, placing this stock worse than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.188) is normal, around the industry mean (0.958). P/E Ratio (11.137) is within average values for comparable stocks, (8.937). Projected Growth (PEG Ratio) (1.526) is also within normal values, averaging (2.643). Dividend Yield (0.062) settles around the average of (0.053) among similar stocks. P/S Ratio (2.554) is also within normal values, averaging (2.460).

Notable companies

The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), HSBC Holdings PLC (NYSE:HSBC), Citigroup (NYSE:C), Barclays PLC (NYSE:BCS).

Industry description

Major banks are among the biggest companies in the world, often times with global reach and market capitalizations in the multi-billions. Large banks often have multiple arms spanning different disciplines, from deposits, to investment banking, to wealth management and insurance. The biggest banks often have key competitive advantages over smaller players in the industry in terms of brand recognition, cost of capital, and efficiency. Think J.P. Morgan, Bank of America, Wells Fargo, and Citigroup.

Market Cap

The average market capitalization across the Major Banks Industry is 89.36B. The market cap for tickers in the group ranges from 191.41M to 573.02B. JPM holds the highest valuation in this group at 573.02B. The lowest valued company is MSL at 191.41M.

High and low price notable news

The average weekly price growth across all stocks in the Major Banks Industry was -1%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was 25%. WFC experienced the highest price growth at 5%, while ANZGY experienced the biggest fall at -6%.

Volume

The average weekly volume growth across all stocks in the Major Banks Industry was 45%. For the same stocks of the Industry, the average monthly volume growth was 22% and the average quarterly volume growth was -20%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 53
P/E Growth Rating: 42
Price Growth Rating: 46
SMR Rating: 11
Profit Risk Rating: 30
Seasonality Score: -33 (-100 ... +100)
View a ticker or compare two or three
BNS
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interact to see
Advertisement
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a major bank

Industry MajorBanks

Profile
Fundamentals
Details
Industry
Major Banks
Address
1709 Hollis Street
Phone
+1 416 866-6161
Employees
89483
Web
https://www.scotiabank.com
Interact to see
Advertisement
Paper wallets are extremely useful tools – beyond being one of the most popular and secure cold storage methods, they make it simple to transfer coins between owners.You can access the funds on your paper wallet by “sweeping” (or importing) them to either a live wallet (like Trezor or Exodus) or an exchange service (like Coinbase). Most services allow you to import them directly from your wallet’s private key, but there are two key exceptions.
Learn the 27 essential intraday trading rules that every manual trader should master—and discover how Tickeron’s AI platform applies them automatically for consistent, emotion-free execution and smarter, real-time decision-making.
#investment#trading
A $2 trillion sell-off has investors asking: is 2025 the next dot-com crash or a replay of the 2008 recession? This deep dive compares both scenarios, outlines warning signs, and reveals how AI-powered trading strategies can help navigate rising volatility.
#trading#investment
New to trading? Discover 21 powerful lessons every beginner must learn—and see how Tickeron’s AI Double Agent strategies apply them in real time. From mastering risk to managing emotions, this guide helps you trade smarter, safer, and more confidently.
#investment#trading
From the railroads of the 1920s to the AI giants of 2025, market history shows that extreme concentration often precedes massive bubbles and crashes. This article explores five key turning points and how Tickeron’s AI helps traders navigate today’s bubble-prone landscape.
#investment#trading
U.S. tariff tensions rocked markets this week, sending tech stocks into retreat and safe-haven assets like gold and the yen soaring. As investors brace for major earnings and global policy shifts, volatility remains high across equities, currencies, and commodities.
#investment#trading
Tesla’s Q1 2025 earnings could surprise investors as the EV giant looks to rebound from last quarter’s miss. With lowered expectations and increased volatility, Tickeron’s AI-powered strategy helps traders navigate both upside potential and downside risk.
#investment#trading
Gold is on a historic run—up 29% YTD with record-breaking inflows and growing macro tailwinds. Discover why smart investors are eyeing gold, silver, and miners for opportunity, and how AI trading tools are unlocking new ways to profit from the 2025 gold rush.
#investment#trading
Tickeron launches its innovative Double Agent Trading Bot, combining long NVDA trades with hedged NVDS positions. Using AI-driven pattern trading and real-time risk management, the bot achieves a 75% success rate, revolutionizing automated trading strategies.
#trading#investment
Tickeron’s AI trading bots are setting new standards in finance, achieving up to 86.6% win rates across leveraged and sector ETFs. Powered by advanced Financial Learning Models (FLMs), Tickeron’s AI delivers precision, adaptability, and real-time trading success.
#trading
Wall Street expects strong profit growth from the Magnificent Seven tech giants in 2025. Discover how to trade Apple, Microsoft, Amazon, Nvidia, Tesla, Meta, and Alphabet using AI-powered Double Agent strategies and smart hedging with inverse ETFs like QID.
On May 2, 2025, a diverse group of companies across energy, financial services, basic materials, consumer discretionary, and healthcare will release their Q1 2025 earnings.
In April 2025, five tech giants—NVIDIA, Tesla, Meta, Palantir, and Amazon—each surged over 40%, driven by AI breakthroughs, strong earnings, and market momentum. Discover what fueled the rally and how Tickeron’s AI trading bots helped investors outperform even these star stocks.
#investment
Markets ended April with mixed signals—gold slid on trade optimism, Big Tech lifted the Nasdaq, and Bitcoin steadied near $94K. With U.S. GDP contracting and job growth beating forecasts, investors brace for more volatility amid tariffs and central bank moves.
In a turbulent market, Tickeron's AI-powered Double Agent Bot is outperforming traditional strategies. Leveraging real-time intraday signals and inverse ETFs, the bot posted a +9.77% quarterly gain while the S&P 500 dropped 9.28%. Here's how AI is reshaping trading.
#trading
As Warren Buffett announces his retirement, investors turn to his trusted Buffett Indicator—a ratio of market cap to GDP—as a key gauge of market valuation.
#investment
Markets move in repeating cycles—Accumulation, Uptrend, Distribution, and Downtrend. Learn how to recognize each phase and deploy Tickeron’s AI-powered Double Agent strategy to adapt, protect capital, and profit in any market condition.
#trading
Discover how confirmation trading techniques—like moving average crossovers and volume-backed breakouts—can improve accuracy and reduce false signals. Learn how Tickeron’s AI automates these strategies for smarter, faster, and more disciplined trading.
#trading
Hedge funds are ramping up bearish bets on small-cap stocks, with Russell 2000 short interest hitting new highs. As macro headwinds mount and technical support teeters, Tickeron’s AI Double Agents step in to navigate the looming sell-off with precision.
#investment#trading#artificial_intelligence
SPY’s Momentum Indicator turned bullish on April 25, 2025, signaling a potential trend shift with a 90% historical success rate. This article explores how economic scarcity, technical signals, and AI-driven tools like Tickeron’s A.I.dvisor shape investor decisions in volatile markets.
#trading