BANK OF MONTREAL (BMO)
CA0636711016 - Common Stock
Overall BMO gets a technical rating of 1 out of 10. BMO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
62% of all other stocks performed better in the past year than BMO.
BMO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
BMO is part of the Banks industry. There are 417 other stocks in this industry, BMO did better than 62% of them.
In the last month BMO has a been trading in the 81.55 - 89.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.52
Mansfield-1.02
10 Day High89.09
10 Day Low84.43
20 Day High89.09
20 Day Low81.55
52 Week High102.79
52 Week Low81.55
Performance
1 Week-3.34%
2 Weeks-1.12%
1 Month1.07%
3 Month-6.15%
6 Month-4.88%
12 Month-3.29%
The technical rating of BMO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
81.36
104.95
We found 1 important support area.
- A support zone ranging from 82.18 to 82.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @84.39 from a horizontal line in the daily time frame.
- A resistance zone ranging from 86.01 to 87.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @89.36 from a trend line in the weekly time frame.
- A resistance zone ranging from 90.87 to 94.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @103.91 from a horizontal line in the weekly time frame.
BANK OF MONTREAL
NYSE:BMO (9/27/2023, 2:13:03 PM)
84.06
-0.7 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.83%
1 Week-3.34%
2 Weeks-1.12%
1 Month1.07%
3 Month-6.15%
6 Month-4.88%
12 Month-3.29%
Volatility
ATR(14)1.28
ATR(20)%1.63%
ATR Inc9.06%
Range Today1.7
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.52
Mansfield-1.02
10 Day High89.09
10 Day Low84.43
20 Day High89.09
20 Day Low81.55
52 Week High102.79
52 Week Low81.55
CS1 End84.39
CR1 Start86.01
Volume & EV
DER(3)-2.6%
DER(5)-3.15%
Volume330.79K
Volume Incr-35.44%
Vol(5)362.24K
Vol(50)602.13K