BANK OF MONTREAL (BMO) Stock Technical Analysis
NYSE:BMO - New York Stock Exchange, Inc. - CA0636711016 - Common Stock - Currency: USD
Overall BMO gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BMO is only an average performer.
The long and short term trends are both positive. This is looking good!
BMO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BMO is lagging the market slightly.
In the last month BMO has a been trading in the 92.99 - 102.07 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.
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 65% of all stocks.
BMO is part of the Banks industry. There are 405 other stocks in this industry, BMO did better than 48% of them.
BMO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 100.25, a Stop Loss order could be placed below this zone.
More info and screens
84.60
104.42
4 important support areas can be observed.
- A support zone ranging from 98.26 to 100.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 95.25 to 96.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @90.06 from a horizontal line in the daily time frame.
- Support @85.45 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @100.97 from a horizontal line in the daily time frame.
- A resistance zone ranging from 103.39 to 103.39. 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
CRS65.88
Mansfield0.14
10 Day High102.07
10 Day Low98.12
20 Day High102.07
20 Day Low92.99
52 Week High104.63
52 Week Low76.98
Performance
1 Week-0.01%
2 Weeks0.75%
1 Month0.29%
3 Month5.84%
6 Month13.8%
12 Month5.84%
2 Year6.02%
3 Year-11.8%
5 Year48%
10 Year62.14%
15 Year88.94%
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)55.88
LBB97.26
UBB102.13
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 |
|---|---|---|---|
| 100.98 | 98.25 | 2.73 (2.70%) | 25.00% |
| An entry @100.98. This is a Buy Stop order right above the resistance zone. | An exit @98.25. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.73 points, which is 2.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- 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.
100.46
-0.46 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.46%
1 Week-0.01%
2 Weeks0.75%
1 Month0.29%
3 Month5.84%
6 Month13.8%
12 Month5.84%
2 Year6.02%
3 Year-11.8%
5 Year48%
10 Year62.14%
15 Year88.94%
Volatility
ATR(14)1.68
ATR(20)%1.6%
ATR Inc-8.86%
Range Today1.78
ADR(20)1.46
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.88
Mansfield0.14
10 Day High102.07
10 Day Low98.12
20 Day High102.07
20 Day Low92.99
52 Week High104.63
52 Week Low76.98
CS1 End100.25
CR1 Start100.97
Volume & EV
DER(3)-0.65%
DER(5)-0.33%
Volume1.23M
Volume Incr-14.4%
Vol(5)533.66K
Vol(50)574.29K