Bank of Montreal's 15min chart shows RSI Overbought, KDJ Death Cross signals.

According to Bank of Montreal's 15-minute chart, the RSI (Relative Strength Index) has reached an overbought level, and the KDJ (Stochastic Oscillator) has triggered a death cross at 08/29/2025 16:00. This indicates that the stock price has experienced a rapid ascent, potentially exceeding its fundamental support levels. Furthermore, the momentum of the stock price is shifting towards a downtrend, which may result in a decline in value.

Toronto, Sept. 2, 2025 - Bank of Montreal (TSX: BMO) (NYSE: BMO) has received regulatory approvals from the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions Canada to proceed with its normal course issuer bid. The bank plans to terminate its existing normal course issuer bid and establish a new one to purchase up to 30 million of its common shares [1].

The existing bid, which commenced on January 22, 2025 and was scheduled to terminate on January 21, 2026, has seen the bank purchase 15.95 million common shares through the TSX and alternative trading systems in Canada at an average price of $143.39 per common share for a total amount of $2,287 million. As of August 29, 2025, the bank's public float of common shares was 716,119,627 shares, with an average daily trading volume of 2,879,257 shares for the six months ended July 31, 2025 [1].

The new bid, set to commence on September 5, 2025 and end no later than September 4, 2026, will allow the bank to manage its capital position flexibly. The new bid can be executed through various means, including automatic purchase plans, block purchases, private agreements, or share purchase programs under exemption orders issued by securities regulatory authorities [1].

The bank's public communications often include forward-looking statements, which are subject to inherent risks and uncertainties. The future outcomes related to these statements may be influenced by various factors, including economic conditions, political changes, and market volatility [1].

References:
[1] https://www.nasdaq.com/press-release/bank-montreal-receives-regulatory-approvals-normal-course-issuer-bid-2025-09-02