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Ex-Dividend Reminder: Bank of Montreal, Opus Bank and Realty Income
Monday, January 29, 10:24 AM ET, by Market News Video Staff

On 1/31/18, Bank of Montreal (Quebec) (BMO), Opus Bank (OPB), and Realty Income Corp (O) ...

TRI Makes Bullish Cross Above Critical Moving Average
Tuesday, January 30, 11:20 AM ET, by Market News Video Staff

In trading on Tuesday, shares of Thomson Reuters Corp (TRI) crossed above their 200 day ...

Notable Two Hundred Day Moving Average Cross - PBA
Tuesday, January 30, 5:09 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Pembina Pipeline Corp (PBA) crossed below their 200 day ...

Relative Strength Alert For Shaw Communications
Monday, February 5, 11:36 AM ET, by Market News Video Staff

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...

PBA Crosses Critical Technical Indicator
Monday, February 5, 3:57 PM ET, by Market News Video Staff

In trading on Monday, shares of Pembina Pipeline Corp (PBA) entered into oversold territory, changing ...

Bank of Montreal Becomes Oversold (BMO)

By Market News Video Staff, Monday, February 5, 4:51 PM ET
Play Video: Learn About The RSI

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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In trading on Monday, shares of Bank of Montreal (Quebec) (NYSE:BMO) entered into oversold territory, hitting an RSI reading of 28.0, after changing hands as low as $77.32 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 29.6. A bullish investor could look at BMO's 28.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of BMO shares:

Bank of Montreal (Quebec) 1 Year Performance Chart

Looking at the chart above, BMO's low point in its 52 week range is $66.75 per share, with $84.71 as the 52 week high point that compares with a last trade of $77.54. Find out what 9 other oversold stocks you need to know about

According to the ETF Finder at ETF Channel, BMO makes up 1.53% of the PowerShares International Dividend Achievers Portfolio ETF (NASDAQ:PID) which is trading lower by about 3.1% on the day Monday.

See what other ETFs contain BMO
See what other stocks are held by PID

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