BANK OF MONTREAL (BMO)

CA0636711016 - Common Stock

91.7  -1.14 (-1.23%)

Technical Rating and Analysis

3

Taking everything into account, BMO scores 3 out of 10 in our technical rating. BMO has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month BMO has a been trading in the 90.34 - 98.99 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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 41% of all stocks.
BMO is an average performer in the Banks industry, it outperforms 46% of 411 stocks in the same industry.
BMO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BMO is lagging the market slightly.
Weekly and Daily overview Charts
BMO Weekly chart
BMO Daily chart
Setup Rating and Analysis

5

BMO has a poor technical rating and the quality of the setup is also not perfect 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

88.63

101.16

When analyzing the support we notice one important area.

  • A support zone ranging from 89.53 to 91.68. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 92.55 to 94.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 96.83 to 96.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • 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
CRS41.13
Mansfield-0.52
10 Day High95.57
10 Day Low90.34
20 Day High98.99
20 Day Low90.34
52 Week High100.12
52 Week Low73.98
Performance
1 Week2.07%
2 Weeks-2.86%
1 Month-3.26%
3 Month-4.12%
6 Month25.09%
12 Month2.94%
2 Year-12.45%
3 Year-1.59%
5 Year17.56%
10 Year34.67%
15 Year181.25%
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)-0.28
RSI(14)44.32
LBB89.04
UBB98.76
BMO Daily chart

BANK OF MONTREAL

NYSE:BMO (4/25/2024, 9:18:01 AM)

91.7

-1.14 (-1.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.23%
1 Week2.07%
2 Weeks-2.86%
1 Month-3.26%
3 Month-4.12%
6 Month25.09%
12 Month2.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.74
ATR(20)%1.8%
ATR Inc
Range Today0.89
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 High95.57
10 Day Low90.34
20 Day High98.99
20 Day Low90.34
52 Week High100.12
52 Week Low73.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.82M
Volume Incr-24.8%
Vol(5)486.66K
Vol(50)662.89K