BANK OF MONTREAL (BMO)

CA0636711016 - Common Stock

87.515  -0.25 (-0.28%)

Technical Rating and Analysis

2

Taking everything into account, BMO scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BMO was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, BMO is a bad performer in the overall market: 77% of all stocks are doing better.
BMO is part of the Banks industry. There are 408 other stocks in this industry, of which 92% are performing better than BMO.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
BMO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BMO is lagging the market.
In the last month BMO has a been trading in a tight range between 83.07 and 87.77.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BMO Weekly chart
BMO Daily chart
Setup Rating and Analysis

3

The technical rating of BMO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

82.34

101.16

We found 1 important support area.

  • A support zone ranging from 83.17 to 85.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • Resistance @93.82 from a horizontal line in the daily time frame.
  • Resistance @96.83 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 98.94 to 100.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.45
Mansfield-1.56
10 Day High87.77
10 Day Low83.19
20 Day High87.77
20 Day Low83.07
52 Week High100.12
52 Week Low73.98
Performance
1 Week3.74%
2 Weeks5.52%
1 Month4.99%
3 Month-4.75%
6 Month-8.43%
12 Month-5.99%
2 Year-12.87%
3 Year-11.98%
5 Year17.31%
10 Year17.69%
15 Year75.13%
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)
Technical Indicators
MACD(12,26,9)0.67
RSI(14)59.37
LBB82.26
UBB87.55
BMO Daily chart

BANK OF MONTREAL

NYSE:BMO (7/17/2024, 8:58:01 AM)

87.515

-0.25 (-0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.28%
1 Week3.74%
2 Weeks5.52%
1 Month4.99%
3 Month-4.75%
6 Month-8.43%
12 Month-5.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.14
ATR(20)%1.24%
ATR Inc
Range Today0.61
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High87.77
10 Day Low83.19
20 Day High87.77
20 Day Low83.07
52 Week High100.12
52 Week Low73.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume34.79K
Volume Incr123.68%
Vol(5)1.59M
Vol(50)886.21K