The Bank of New York Mellon (BK) entered the Favored Zone of the SIA S&P 500 Index report on January 12, 2024, at a price of $54.85. The shares are showing strong relative strength moves up the SIA S&P 500 report gaining, 22 spots in the last month and 5 spots in the last quarter exemplify the consistent money flow increases in the shares over the past little while. Today the shares are at $103.61 based on yesterday’s close representing an almost 100% gain in price.