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Bank of Montreal

BMO.TO Technical Analysis Summary (TSX)

Analyze BMO.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BMO.TO●TSX
Financial ServicesBanks - Diversified
$243.97
$1.90(0.78%)
Canadian Market opens in 62h 41m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BMO.TO Technical Analysis Summary (TSX)

Bank of Montreal (TSX: BMO.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.27)
Trend Strength:Moderate (ADX: 22.11)
Volatility:Low (ATR: 4.10)
Support/Resistance:$235.32 – $247.91 (Bollinger Bands)

Technical conditions suggest Bank of Montreal on the TSX is awaiting a decisive move. Technical conditions suggest Bank of Montreal is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 51.27

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 40.34

Neutral
Mid-range signal with no clear trend.

Williams %R: -42.71

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.65

Neutral
Price change is minimal.

Takeaway:Bank of Montreal shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.45

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.11

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.10

Medium
Medium volatility, healthy price movement.

CCI (14): 33.30

Bullish
Bullish, momentum building upward.

Takeaway:Bank of Montreal shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$247.91
Middle Band (SMA 20)
$241.61
Lower Band
$235.32
Current Position
Within Bands

Takeaway:Bank of Montreal trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$251.37
Middle Line (EMA 20)
$243.17
Lower Channel
$234.96
Squeeze Status
Squeeze On

Takeaway:Bank of Montreal trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume22.85M
Money Flow Index63.43Bullish, inflows support continued momentum.
Relative Vigor Index54.44Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BMO.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Bank of Montreal (TSX: BMO.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Bank of Montreal are mixed, suggesting a Hold or wait-and-see approach.

(TSX: BMO.TO) Technical Analysis FAQ