Seaport's 15min chart shows MACD Death Cross, KDJ Death Cross, and bearish Marubozu

According to the 15-minute chart for Seaport, the Moving Average Convergence Divergence (MACD) and Kinetick Daily Oscillator (KDJ) indicators have both triggered a "death cross," a bearish signal that indicates a potential continuation of the downward trend in the stock price. Additionally, the candlestick pattern known as the "bearish marubozu" was observed on October 21, 2022, at 12:15. This suggests that the momentum of the stock price is shifting towards the downside, with the potential for further decreases in value. The market is currently being controlled by sellers, and it is likely that the bearish momentum will continue.

Seaport Res Ptn has revised its fiscal year 2025 earnings per share (EPS) estimate for Bank of New York Mellon (BK) to $7.38, up from its previous estimate of $7.13. This optimistic outlook is supported by several analysts, including Wells Fargo and Barclays, who have raised their price targets for BK's shares. Barclays, in particular, has set a new target at $120.00.

The Bank of New York Mellon Corporation (NYSE:BK) announced a quarterly dividend of $0.53, representing an annual yield of 2.0%, with the payment scheduled for November 7th. The company's latest quarterly earnings data, released on March 26th, showed a $1.30 EPS for the quarter, with revenue of $4.38 billion and a net margin of 12.86%.

Several other equities analysts have also weighed in on BK. Wells Fargo & Company raised their price objective on BK, and Morgan Stanley also lifted their target price for BK from $165.00 to $205.00, giving the company an "equal weight" rating.

The market is currently controlled by sellers, with a bearish momentum indicated by the "death cross" of the MACD and KDJ indicators, as well as the "bearish marubozu" candlestick pattern observed on October 21, 2022. This suggests a potential continuation of the downward trend in the stock price.