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
grade C 48.51 -1.94% -0.96
BMLP closed down 1.94 percent on Tuesday, April 23, 2019, on 35 percent of normal volume.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Down
See historical BMLP trend table...

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Down Weakness 0.00%
Narrow Range Bar Range Contraction -1.94%
Gapped Up Strength -1.94%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.38%
Narrow Range Bar Range Contraction 1.38%
Down 3 Days in a Row Weakness 1.38%
Down 4 Days in a Row Weakness 1.38%
Gapped Down Weakness 1.38%

Older signals for BMLP ...

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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.
Corporate Finance Alerian Exchange Traded Note Legal Entities 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
Summary: Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 53.32
52 Week Low 20.9406
Average Volume 1,442
200-Day Moving Average 47.4151
50-Day Moving Average 46.5462
20-Day Moving Average 47.959
10-Day Moving Average 48.9675
Average True Range 0.8601
ADX 19.02
+DI 51.2629
-DI 41.3542
Chandelier Exit (Long, 3 ATRs ) 47.5197
Chandelier Exit (Short, 3 ATRs ) 47.3803
Upper Bollinger Band 50.8939
Lower Bollinger Band 45.0241
Percent B (%b) 0.59
BandWidth 12.239204
MACD Line 0.7143
MACD Signal Line 0.7174
MACD Histogram -0.0031
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.51
Resistance 3 (R3) 48.51 48.51 48.51
Resistance 2 (R2) 48.51 48.51 48.51 48.51
Resistance 1 (R1) 48.51 48.51 48.51 48.51 48.51
Pivot Point 48.51 48.51 48.51 48.51 48.51
Support 1 (S1) 48.51 48.51 48.51 48.51 48.51
Support 2 (S2) 48.51 48.51 48.51 48.51
Support 3 (S3) 48.51 48.51 48.51
Support 4 (S4) 48.51