BANK OF MONTREAL (BMO.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:BMO • CA0636711016
Taking everything into account, BMO scores 8 out of 10 in our technical rating. Although BMO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- BMO is part of the Banks industry. There are 24 other stocks in this industry. BMO outperforms 73% of them.
- BMO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BMO has a been trading in the 181.86 - 194.88 range, which is quite wide. It is currently trading near the high of this range.
- BMO has an average volume of 2620280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, BMO turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, BMO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 193.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 190.00, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
145.67
4 important support areas can be observed.
- A support zone ranging from 181.56 to 190.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @178.45 from a horizontal line in the daily time frame.
- A support zone ranging from 169.12 to 172.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @147.14 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 193.49 to 193.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BMO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMO.CA is up. |
| ChartMill Relative Strength | 67.42 | NEUTRAL | BMO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BMO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BMO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.93 | NEUTRAL | The RSI value for BMO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests BMO.CA has a positive trend. |
| Stochastics (14,3) | 77.96 | NEUTRAL | The Stochastics value for BMO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for BMO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.26 | NEUTRAL | The ADX value for BMO.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 193.50 | 184.13 | 9.37 (4.84%) | 20.65% |
| An entry @193.50. This is a Buy Stop order right above the resistance zone. | An exit @184.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.37 points, which is 4.84%. | For a 1.00% total portfolio risk, you can invest 20.65% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:BMO (2/6/2026, 7:00:00 PM)
193.48
+1.88 (+0.98%)
BANK OF MONTREAL / BMO.CA FAQ
What is the ChartMill technical rating of BANK OF MONTREAL (BMO.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to BMO.CA.
What is the trend direction for BMO stock?
The current trend direction for BANK OF MONTREAL (BMO.CA) is Bullish.
What is the RSI signal for BMO stock?
BANK OF MONTREAL (BMO.CA) has an RSI value of 61.929. This indicates that the stock is currently neutral.
What is the short term momentum for BMO stock?
The short term momentum for BANK OF MONTREAL (BMO.CA) is positive.
What are the support and resistance levels for BANK OF MONTREAL (BMO.CA) stock?
BANK OF MONTREAL (BMO.CA) has a support level at 190 and a resistance level at 193.49. Check the full technical report for our detailed analysis of BMO.CA support and resistance levels.