BMO

Requested read · Tuesday 11 August 2026, 15:09 · same framework and thresholds as the weekly CFO screen

Market regime: SPY above its rising 200DMA; efficiency ratio 0.09 — overlapping, stand aside. Stage: Mature Trend.
BMO
Bank Of Montreal
Mature Trend, sector confirmed; strongest on regime (20/20); weakest on insider signal (2/20). Last earnings neutral (+0.8%); +20 pts vs XLF over 6m.
Mature Trend XLF sector confirmed 1 insider(s) buy date unknown
66
conviction / 100
$17,500–$24,500
Standard · sized down 30% for campaign stage (Mature Trend)
Regime clarity20.0
Sponsorship / positioning14.0
Volatility behaviour16.5
Catalyst alignment (insider)2.0
Cross-asset confirmation13.0
Last
182.24
Add above
182.93
Cut below
173.97
50DMA
173.87
200DMA
145.75
BMO daily chart: price with 50 and 200 day moving averages, volume, and on-balance volume
BMO — daily, 14 months
XLF sector ETF daily chart
XLF — sector ETF, daily, 14 months
Pillar detail, thesis support and invalidation
Regime clarity
  • price above 200DMA
  • 200DMA rising
  • 50DMA rising
  • higher highs and higher lows
  • efficiency ratio 0.35
Sponsorship / positioning
  • OBV 50d slope +0.376 avg-daily-volumes/bar
  • no OBV divergence at highs
  • OBV fell through last pullback
Volatility behaviour
  • last pullback 4.6% deep
  • 1 wide down bars (30d)
  • ATR contracting vs 20d mean
Catalyst alignment (insider)
  • single insider — no cluster
  • net purchase ratio unavailable
  • NO CFO purchase in the window — the CFO-specific terms score zero
  • no CFO buy to date — recency not scored
Cross-asset confirmation
  • closest sector ETF: XLF
  • XLF above rising 200DMA (sector-led)
  • XLF vs SPY 6m: -3.7 pts
  • stock vs XLF RS (3m/6m avg): +13.0 pts
What strengthens the thesis
  • A confirmed higher high above 182.93 on expanding OBV.
  • Pullbacks that hold the rising 50DMA with flat-to-rising OBV.
  • XLF extending its own trend while the stock holds relative strength.
What invalidates the thesis
  • Loss of the rising 50DMA (173.87) with expanding volatility — reduce.
  • Breakdown below the prior structural base (173.97) — exit, no averaging down.
  • OBV divergence during a price acceleration — reduce.
  • Sector ETF losing its own 200DMA — remove capital regardless of stock behaviour.
Insider detail
  • CFO: —
  • 0 CFO purchase(s), — total; last filed
  • Market cap $127,643,934,720 · 20d avg dollar volume $127,284,019
Net insider activity
  • No open-market insider transactions found in the lookback window.
Reaction to news
2 material events; 1 taken well, 0 badly; last earnings 27 May: neutral (+0.8%).
SessionFilingEventGapDayvs SPYVol+5dRead
27 May 26EarningsEarnings-0.7%+0.8%+0.8%1.0x-0.5%Neutral
25 Feb 26EarningsEarnings+1.7%+4.1%+3.3%1.5x-1.4%Rewarded