Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangle are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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Open | High | Low | BMO Price | Change |
48.4400 | 50.9100 | 48.1700 | 50.3888 | -1.9612 |
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MarketClub’s Trade Triangles for BMO
| The long term trend has been DOWN since Oct 14th, 2014 at 71.600000 my emphasis |
| The intermediate term trend has been DOWN since May 19th, 2015 at 63.100000 |
| The short term trend has been DOWN since Aug 13th, 2015 at 55.260000 |
Smart Scan Analysis for BMO
Based on a pre-defined weighted trend formula for chart analysis, BMO scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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