The Relative Strength (RS) Rating for Bank of Montreal moved up into a higher percentile Friday, as it got a lift from 66 to 74.
This unique rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves. See if Bank of Montreal can continue to show renewed price strength and hit that benchmark.
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Bank of Montreal is not currently near a potential buying area. See if the stock goes on to build a base that could launch a new move.
While the company's bottom line growth decreased in the company's most recent performance report from -10% to -35%, sales rose 8%, up from 2% in the prior report.
The company holds the No. 20 rank among its peers in the Banks-Money Centers industry group. Mitsubishi UFJ Finl ADR, Goldman Sachs and Morgan Stanley are among the top 5 highly rated stocks within the group.
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