BANK OF MONTREAL (BMO.CA) Stock Technical Analysis
TSX:BMO - Toronto Stock Exchange - CA0636711016 - Common Stock - Currency: CAD
Overall BMO gets a technical rating of 6 out of 10. Although BMO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
BMO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BMO has a been trading in the 135.00 - 146.07 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
BMO has an average volume of 2778000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BMO outperforms 63% of them, which is more or less in line with the market.
BMO is part of the Banks industry. There are 31 other stocks in this industry, BMO did better than 60% of them.
Although the technical rating is only medium, BMO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 146.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 142.69, a Stop Loss order could be placed below this zone.
More info and screens
115.20
147.79
3 important support areas can be observed.
- A support zone ranging from 137.94 to 142.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @131.10 from a horizontal line in the daily time frame.
- Support @116.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 146.32 to 146.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.04
Mansfield0.41
10 Day High144.72
10 Day Low140.39
20 Day High146.07
20 Day Low135
52 Week High147.54
52 Week Low109.02
Performance
1 Week0.3%
2 Weeks0.2%
1 Month-0.72%
3 Month7.75%
6 Month19.87%
12 Month11.57%
2 Year10.55%
3 Year-1.22%
5 Year56.74%
10 Year84.56%
15 Year155.29%
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)-0.07
RSI(14)52.9
LBB140.06
UBB144.53
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 |
|---|---|---|---|
| 146.34 | 140.38 | 5.96 (4.07%) | 24.55% |
| An entry @146.34. This is a Buy Stop order right above the resistance zone. | An exit @140.38. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.96 points, which is 4.07%. | For a 1.00% total portfolio risk, you can invest 24.55% of your capital in this trade. |
- 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 (2/21/2025, 7:00:00 PM)
142.96
-0.03 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.02%
1 Week0.3%
2 Weeks0.2%
1 Month-0.72%
3 Month7.75%
6 Month19.87%
12 Month11.57%
2 Year10.55%
3 Year-1.22%
5 Year56.74%
10 Year84.56%
15 Year155.29%
Volatility
ATR(14)2.28
ATR(20)%1.46%
ATR Inc-12.74%
Range Today2.01
ADR(20)1.91
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.04
Mansfield0.41
10 Day High144.72
10 Day Low140.39
20 Day High146.07
20 Day Low135
52 Week High147.54
52 Week Low109.02
CS1 End142.69
CR1 Start146.32
Volume & EV
DER(3)-2.6%
DER(5)-1.33%
Volume2.86M
Volume Incr-33.37%
Vol(5)2.46M
Vol(50)2.78M