BANK OF NEW YORK MELLON(BNY)

BANK of NEW YORK MELLON (BNY) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for BNY · data as of Aug 11, 2026. The chart above is live; the read below updates daily.

$160.32last close · Aug 11, 202652-week range $99.67 – $163.77 · 2.11% below the high

BNY Falling Wedge Pattern

BNY is currently forming a falling wedge on the daily timeframe. Detected Aug 11, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $128.72 (+10.5%). Across 8,367 backtested falling wedges, the setup followed through 55.2% of the time, averaging +0.32R; BNY's own falling wedges have hit 75.0%.

DirectionBullishTarget$128.72Projected move+10.5%Breakout level$116.73

New to this pattern? What a falling wedge is and how to trade it →

BNY's Most Recent Falling Wedge Trade

BNY's most recent completed falling wedge resolved as a win: it broke higher on Mar 24, 2026 near $117.28, then reached its target at $134.47 on Apr 27, 2026 — a +3.96R move (14.7%) over 23 sessions. Across 170 backtested falling wedges, this setup wins 57.1% of the time.

OutcomeWinResult+3.96REntry$117.28Exit$134.47

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
55.2%
Avg return
+0.32R
Backtested trades
8,367
BNY win rate
75.0%

Historical pattern statistics (2006-08-11 – 2026-08-10), not a prediction.

How these backtests work →

BNY Pattern Trade History

Every completed pattern trade our nightly backtest found on BNY's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeMar 24, 2026 @ $117.28Apr 27, 2026 @ $134.47Win+3.96R
Falling WedgeMar 13, 2026 @ $117.72Apr 27, 2026 @ $134.47Win+2.79R
Rising WedgeJan 14, 2026 @ $123.37Jan 23, 2026 @ $117.61Loss-1.18R
Falling WedgeJan 15, 2025 @ $79.10Feb 3, 2025 @ $85.19Win+1.45R
Rising WedgeDec 12, 2024 @ $79.50Jan 17, 2025 @ $83.29Loss-1.18R
TriangleAug 23, 2024 @ $65.82Oct 1, 2024 @ $71.11Win+1.08R
Rising WedgeJun 13, 2024 @ $58.38Jul 11, 2024 @ $61.47Loss-1.24R
Rising WedgeAug 18, 2023 @ $43.71Oct 17, 2023 @ $40.15Win+1.25R
TriangleJun 5, 2023 @ $42.86Jun 21, 2023 @ $44.00Win+0.39R
TriangleJan 5, 2023 @ $47.22Feb 16, 2023 @ $51.29Win+1.11R
Bullish PennantJan 4, 2023 @ $47.58Feb 16, 2023 @ $51.29Win+0.92R
Rising WedgeDec 6, 2022 @ $43.20Jan 3, 2023 @ $46.30Loss-1.11R

Recent Falling Wedges on Other Charts

BF-Bhit target +7.0%Aug 10, 2026MDLZhit target +3.6%Aug 10, 2026XELstopped −2.8%Aug 10, 2026SHIB-USDhit target +4.7%Aug 9, 2026

Learn about falling wedge

BNY Support and Resistance Levels

Price was turned away at a ceiling near $164.18 about 2 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $143.88 — still about 10% away.

  • Traders commonly watch $143.88 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $164.18 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $159.04, resistance near $163.86. These are chart/swing-derived levels, not formula pivots.

Resistance
$163.86$164.11$173.74
Support
$159.04$143.88$138.04$112.73

BNY Recent Daily Prices

DateOpenHighLowClose
Aug 11, 2026$159.50$160.94$159.16$160.32
Aug 10, 2026$157.70$160.11$157.50$159.43
Aug 7, 2026$158.37$158.92$157.00$157.61
Aug 6, 2026$159.34$159.99$158.16$158.82
Aug 5, 2026$157.52$160.01$157.52$158.74
Aug 4, 2026$157.29$158.96$156.71$156.82
Aug 3, 2026$156.33$157.00$154.12$156.20
Jul 31, 2026$156.67$157.29$155.71$156.33
Jul 30, 2026$153.85$156.32$153.02$156.08
Jul 29, 2026$156.16$157.25$151.68$152.50

BNY Frequently Asked Questions

What chart pattern is BNY forming right now?
As of Aug 11, 2026, TradingPal's detector identifies a falling wedge on BANK OF NEW YORK MELLON (BNY) on the daily chart, with a measured-move target of $128.72.
Is a falling wedge bullish or bearish?
The falling wedge detected on BNY is a bullish pattern, projecting a measured-move target of $128.72. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,367 trades over 631 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.32R. These are historical statistics, not a prediction.
What are the support and resistance levels for BNY?
Based on auto-detected, swing-derived levels (as of Aug 11, 2026), BNY's nearest support is around $159.04 and nearest resistance around $163.86.
What is the price target if BNY's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $128.72 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was BNY's closing price on Aug 11, 2026?
BANK OF NEW YORK MELLON (BNY) last closed at $160.32 on Aug 11, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.