BANK OF MONTREAL (BMO.CA) Stock Technical Analysis
TSX:BMO - Toronto Stock Exchange - CA0636711016 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to BMO. Both in the recent history as in the last year, BMO has proven to be a steady performer, scoring decent points in every aspect analyzed.
BMO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 147.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 147.28, a Stop Loss order could be placed below this zone.
More info and screens
118.28
We found 5 important support areas.
- A support zone ranging from 146.14 to 147.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 137.96 to 141.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @130.85 from a trend line in the weekly time frame.
- A support zone ranging from 125.22 to 126.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @119.47 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 147.79 to 149.20. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 75.21 | POSITIVE | BMO.CA has a high relative strength, it outperformed 75.21% off all stocks 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) | 69.1 | NEUTRAL | The RSI value for BMO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests BMO.CA has a negative trend. |
| Stochastics (14,3) | 67.55 | NEUTRAL | The Stochastics value for BMO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for BMO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 35 | POSITIVE | The high ADX value value for BMO.CA suggests a strong 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 |
|---|---|---|---|
| 149.21 | 146.37 | 2.84 (1.90%) | 25.00% |
| An entry @149.21. This is a Buy Stop order right above the resistance zone. | An exit @146.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.84 points, which is 1.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.48%. |
- 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 (6/12/2025, 7:00:00 PM)
147.6
+0.31 (+0.21%)