Technical Analysis for BMLP - Bank Of Montreal - BMO Elkhorn DWA MLP Select Index Exchange Traded Notes due December 10, 2036

Grade Last Price % Change Price Change
B 41.9395 1.21% 0.50
BMLP closed up 1.21 percent on Friday, March 5, 2021, on 37 percent of normal volume.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical BMLP trend table...

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Bearish Engulfing Bearish 1.21%
MACD Bearish Signal Line Cross Bearish 1.21%
Slingshot Bullish Bullish Swing Setup 1.21%
Outside Day Range Expansion 1.21%
Overbought Stochastic Strength 1.21%
Older End-of-Day Signals for BMLP ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 2% 1 day ago
Up 1% 1 day ago
Up 1 ATR 1 day ago
View Earlier Intraday Alerts

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Profile

The return on the BMO Elkhorn DWA MLP Select™ Index Exchange Traded Notes (ETNs) is linked to the performance of the DWA MLP Select™ Index (Index). The Index is composed of publicly traded master limited partnerships (MLPs) that are selected based on the Dorsey Wright Relative Strength Ranking Methodology. Relative strength measures how one security is performing in relation to another in an effort to identify which security is outperforming the other. On a monthly basis, the Index rebalances the equally-weighted basket by selecting the top 15 MLPs exhibiting the largest positive relative strength characteristics.
Classification

Sector: Other
Industry: Other
Keywords: ETN Exchange Traded Note Master Limited Partnership Relative Strength Basket

Is BMLP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 46.61
52 Week Low 15.87
Average Volume 1,404
200-Day Moving Average 32.16
50-Day Moving Average 37.96
20-Day Moving Average 40.09
10-Day Moving Average 41.04
Average True Range 0.93
ADX 18.34
+DI 35.35
-DI 26.67
Chandelier Exit (Long, 3 ATRs ) 40.21
Chandelier Exit (Short, 3 ATRs ) 39.52
Upper Bollinger Band 42.89
Lower Bollinger Band 37.29
Percent B (%b) 0.83
BandWidth 13.97
MACD Line 1.18
MACD Signal Line 1.18
MACD Histogram 0.0001
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.17
Resistance 3 (R3) 44.06 43.21 43.80
Resistance 2 (R2) 43.21 42.64 43.26 43.68
Resistance 1 (R1) 42.57 42.29 42.14 42.68 43.55
Pivot Point 41.72 41.72 41.50 41.77 41.72
Support 1 (S1) 41.08 41.15 40.65 41.19 40.33
Support 2 (S2) 40.23 40.80 40.28 40.20
Support 3 (S3) 39.59 40.23 40.08
Support 4 (S4) 39.70