Loading page content
Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range · 7–28-day calibrated zone
Market-data read
BK reads range-bound — no clean directional character at any horizon (ER 0.60 / 0.49 / 0.39). Recent action is directionless chop rather than a trend. Term-structure band: ±3.4% / ±5.3% / ±8.1% (7/14/28d).
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
8 correlated indicators
Observed historical correlations, not forward signals.
Positively correlated: All Car Sales (r=+0.76), Advance Retail Sales (r=+0.73), BoE Consumer Credit (r=+0.70)
Inversely correlated: Non Defense Goods Orders Ex Air (r=-0.92), PCE Price Index MoM (r=-0.86), ISM Manufacturing New Orders (r=-0.77), CPI Food at Home (r=-0.77), Financial Activities Payrolls (r=-0.75)
As of August 5, 2026, BK is trading at 156.20. Our multi-model Sigmanomics forecast for this stock generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
Forecast data unavailable for this horizon.
Forecasts generated by Sigmanomics engine. Not financial advice.
Market-data read
Bank of New York Mellon Corporation (BK) is a publicly traded stock covered by the Sigmanomics analytics platform. The BK stock closed at 156.20 on August 3, 2026, reflecting a decline of 0.08% from the previous close of 156.33. BK is listed on the NYSE in United States.
Over the past 30 days, the stock has experienced a strong uptrend with a rally of 18.10%, ranging between 130.16 and 160.45. The price currently trades above its 20-day moving average of 144.40. The 14-day RSI stands at 71.3, in overbought territory.
Over the same 30-day window, daily-return volatility was 1.76%, reflecting typical price variability for this stock. Across the past 52 weeks, the stock has traded between 87.4100 and 160.45, with the current price near the high end of that range.
Daily-return volatility of 1.76% runs elevated for this stock, so price ranges are likely to stay wide — watch how price behaves around its recent range rather than treating any single level as fixed. BK is currently trading 8.17% above its 20-day moving average and sitting in the upper portion of its 52-week range. Its 14-day RSI reads 71.3, currently in overbought territory.
Auto-generated from Sigmanomics market data. Last update Aug 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.