Why Bank Of Montreal ($BMLP) Is Acting Slightly Strange (2019-11-19)

REPORTING FOR 2019-11-19 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how BMLP has been trading over the last 2 weeks and the past day especially. On its latest session, Bank Of Montreal ($BMLP) opened at 44.26, reaching a high of 44.26 and a low of 44.09 before closing at a price of 44.09. There was a total volume of 1100.0.

VOLUME INDICATORS FOR BANK OF MONTREAL ($BMLP): We saw an accumulation-distribution index of 45.802, an on-balance volume of 44.09, chaikin money flow of 0.0926 and a force index of 29.535. There was an ease of movement rating of 0.0, a volume-price trend of 0.66988 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR BANK OF MONTREAL ($BMLP): We noted an average true range of 0.7934, bolinger bands of 84.39768, an upper bollinger band of -40.30768, lower bollinger band of 22.045, a bollinger high band indicator of 1.0, bollinger low band indicator of nan, a central keltner channel of 22.10167, high band keltner channel of 22.10167, low band keltner channel of 22.10167, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 44.09, a donchian channel low band of 44.09, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR BANK OF MONTREAL ($BMLP): We calculated a Moving Average Convergence Divergence (MACD) of 0.9892, a MACD signal of 0.54955, a MACD difference of 0.43964, a fast Exponential Moving Average (EMA) indicator of 23.88208, a slow Exponential Moving Average (EMA) indicator of 22.89288, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.0117, a trix of -100.0, a Mass Index (MI) of 4.5705, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 46.63557, a KST Oscillator (KST) of -1000.0 and a KST Oscillator (KST Signal) of -1000.0 (leaving a KST difference of 236.35393). We also found an Ichimoku rating of 22.13, an Ichimoku B rating of 22.13, a Ichimoku visual trend A of 43.04957, an Ichimoku visual trend B of 35.32481, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR BANK OF MONTREAL ($BMLP): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.0, a True Strength Index (TSI) of -100.0, an ultimate oscillator of 48.50622, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of 7.44493.

RETURNS FOR BANK OF MONTREAL ($BMLP): There was a daily return of -100.0, a daily log return of 1.48584 and a cumulative return of nan.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-19 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Bank Of Montreal ($BMLP)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Bank Of Montreal ($BMLP) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.


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