TORONTO, ONTARIO--(Marketwire - Oct. 11, 2012) - BMO InvestorLine has announced the introduction of Technical Insight, an intuitive new tool designed to help self-directed clients identify, research and analyze new investing opportunities.
"We have found that investors who take the time to conduct a technical analysis of their potential investments are able to minimize the emotional aspect of trading and are less tempted to make changes based on short-term fluctuations in the market," said Cesar Rainusso, Vice-President, BMO InvestorLine. "With Technical Insight, clients receive unbiased and detailed technical analysis of market and security activity. Not only does it help them become more informed, but they can also plan better entry and exit strategies for their equity investments."
Provided by Recognia - an industry leader in actionable investment research - Technical Insight uses the power of technical analysis to provide clients with the following:
- Access to a variety of unbiased trade theories based on emerging Technical Event® opportunities;
- Investment outlooks for thousands of equities by simply entering the ticker symbol;
- Meaningful explanations and interpretations of events as they happen through guided educational material; and,
- Easy monitoring of equities through email notifications, alerting users each time a significant event occurs.
Using more than 60 classic chart patterns, indicators and oscillators, Technical Insight uses best-in-class practices of technical analysis to evaluate securities by examining the statistics generated by market activity, such as past prices and volume. It also studies charts of historical price movements and trading volumes to predict future performance on particular equities.
"We are excited to be partnering with BMO," said Rick Escher, CEO, Recognia Inc. "With this new service, BMO InvestorLine clients gain compelling and actionable research so they can make more informed trading decisions."
Technical Insight, available to clients through BMO InvestorLine's award-winning self-directed service, builds on BMO InvestorLine's commitment to offer investors innovative tools and resources to grow their investments. Earlier this month, BMO InvestorLine launched adviceDirect™, Canada's first online personalized investing service. For details visit www.bmo.com/advicedirect.
To learn more about online investing, please visit: www.bmoinvestorline.com.
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About BMO InvestorLine
BMO InvestorLine is an online investing service that provides clients with two ways to invest online. Clients can choose from BMO InvestorLine's top ranked Self-Directed service that provides tools to help investors make independent decisions on how to invest. BMO InvestorLine's other service, adviceDirect™ provides investors with online advice and investment recommendations for their portfolios. Clients have access to trading, quotes and account information 24 hours a day through a website or Automated Telephone Trading. BMO InvestorLine also provides users with third party research, along with leading edge tools that are informative and easy to use. As an all-in-one investment source, it is a constantly evolving, cost-efficient platform that is fully compatible with tablets.
Recognia (www.recognia.com) is a worldwide leader in actionable investment research, delivering idea generation and risk-mitigation tools along with premium quantitative analytics to retail brokerages and institutions in 12 countries around the globe. Accessed by more than 20 million traders and investors, Recognia's proprietary investment research uses automated interpretation of technical, fundamental and value based analytics and provides coverage of more than 55 exchanges worldwide, analyzing more than 65,000 stocks, ETF's, forex, indices, and futures daily. Recognia® and Technical Event® are registered trademarks of Recognia. All rights reserved.
BMO InvestorLine Inc. and BMO Ligne D'action Inc. provide this commentary to clients for informational purposes only. The information contained herein is based on sources that we believe to be reliable, but is not guaranteed by us, may be incomplete or may change without notice. The comments included in this document are general in nature, and professional advice regarding an individual's particular position should be obtained.
An adviceDirect account is a non-discretionary fee based account which offers investment recommendations. adviceDirect does not provide portfolio management by a portfolio manager. The client makes their own investment decisions and manages their own investment portfolio. adviceDirect does not offer discretionary, managed accounts.
BMO InvestorLine Inc. is a member of BMO Financial Group.
® Registered trade-mark of Bank of Montreal, used under licence. BMO InvestorLine Inc. is a wholly owned subsidiary of Bank of Montreal Holdings Inc. Member - Canadian Investor Protection Fund and IIROC.