BANK OF MONTREAL (BMO.CA) Technical Analysis

TSX:BMO • CA0636711016

193.14 CAD
-6.15 (-3.09%)
Last: Mar 6, 2026, 07:00 PM
Technical Rating and Analysis

8

Taking everything into account, BMO scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BMO is only an average performer.

  • In the last month BMO has a been trading in the 188.59 - 204.57 range, which is quite wide. It is currently trading near the lows of this range.
  • The long and short term trends are both positive. This is looking good!
  • BMO is one of the better performing stocks in the Banks industry, it outperforms 82% of 24 stocks in the same industry.
  • BMO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BMO is performing more or less in line with the market.
  • BMO has an average volume of 2691090 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 66% of all stocks.
Weekly and Daily overview Charts
BANK OF MONTREAL / BMO Weekly stock chart
BANK OF MONTREAL / BMO Daily stock chart
Setup Rating and Analysis

7

BMO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 193.11, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

147.57

205.69

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 189.23 to 193.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @185.78 from a trend line in the daily time frame.
  • 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 @149.06 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 196.28 to 199.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @203.65 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for BMO.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for BMO.CA is up.
ChartMill Relative Strength66.82NEUTRALBMO.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of BMO.CA is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of BMO.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of BMO.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)53.24NEUTRALThe RSI value for BMO.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.32NEGATIVEThe MACD value suggests BMO.CA has a negative trend.
Stochastics (14,3)56.47NEUTRALThe Stochastics value for BMO.CA is a neutral value.
Average True Range in percent/ATR (20)2.11MEDIUM VOLATILITYThe ATR as a percentage value for BMO.CA suggests some volalility.
Average Directional Index/ADX (14)20.42NEUTRALThe ADX value for BMO.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
198.41192.735.68 (2.86%)25.00%
An entry @198.41. This is a Buy Stop order right above the 10 day moving average.An exit @192.73. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 5.68 points, which is 2.86%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%.

  • The distance between exit and entry is rather small compared to the average daily movement of BMO. Please evaluate whether better entry and exit points can be found.
  • 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.

BMO.CA Technicals: Chart, Performance Metrics, Trend & Indicators

BANK OF MONTREAL / BMO Daily stock chart

BANK OF MONTREAL

TSX:BMO (3/6/2026, 7:00:00 PM)

193.14

-6.15 (-3.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.09%
1 Week-3.31%
2 Weeks0.08%
1 Month2.31%
3 Month10.47%
6 Month12.69%
12 Month39.06%
2 Year48.88%
3 Year63.57%
5 Year75.77%
10 Year149.65%
15 Year212.64%
Volatility
ATR(14)4.55
ATR(20)%2.11%
ATR Inc-26.39%
Range Today2.83
ADR(20)3.75
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.82
3 months CRS66.59
6 months CRS59.6
Mansfield1.1
10 Day High204.57
10 Day Low192.74
20 Day High204.57
20 Day Low188.59
52 Week High204.57
52 Week Low121.31
CS1 End193.11
CR1 Start203.65
Volume & EV
DER(3)-1.76%
DER(5)-2.26%
Volume1.54M
Volume Incr-26.73%
Vol(5)2.29M
Vol(50)2.69M

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 53.2448. 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 193.11 and a resistance level at 203.65. Check the full technical report for our detailed analysis of BMO.CA support and resistance levels.