BMO CLEAN ENERGY INDEX ETF (ZCLN.CA) Technical Analysis
TSX:ZCLN • CA05600V1040
Current stock price
ZCLN.CA Technical Rating and Analysis
Taking everything into account, ZCLN scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZCLN is showing a nice and steady performance.
- Warning: ZCLN has an average volume of 10582 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that ZCLN is one of the better performing stocks in the market, outperforming 73% of all stocks. On top of that, ZCLN also shows a nice and consistent pattern of rising prices.
- ZCLN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZCLN is performing more or less in line with the market.
- In the last month ZCLN has a been trading in the 18.10 - 20.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
ZCLN.CA Weekly and Daily overview Charts
ZCLN.CA Setup Rating and Analysis
ZCLN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZCLN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ZCLN.CA Support and Resistance Analysis
17.04
We found 4 important support areas.
- A support zone ranging from 18.49 to 18.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.15 from a horizontal line in the weekly time frame.
- Support @17.68 from a horizontal line in the daily time frame.
- Support @17.21 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 19.32 to 19.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.77 to 19.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @20.17 from a horizontal line in the daily time frame.
ZCLN.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ZCLN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZCLN.CA is neutral. |
| ChartMill Relative Strength | 73.9 | POSITIVE | ZCLN.CA has a high relative strength, it outperformed 73.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZCLN.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ZCLN.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZCLN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.62 | NEUTRAL | The RSI value for ZCLN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ZCLN.CA has a negative trend. |
| Stochastics (14,3) | 58.21 | NEUTRAL | The Stochastics value for ZCLN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for ZCLN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.68 | NEGATIVE | The low ADX value for ZCLN.CA suggests a weak or negative trend. |
ZCLN.CA Chart- and CandleStick Pattern Analysis
ZCLN.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.41 | 18.64 | 0.77 (3.97%) | 25.00% |
| An entry @19.41. This is a Buy Stop order right above the resistance zone. | An exit @18.64. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.77 points, which is 3.97%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- The distance between exit and entry is rather small compared to the average daily movement of ZCLN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ZCLN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ZCLN (4/2/2026, 7:00:00 PM)
19.31
-0.24 (-1.23%)
BMO CLEAN ENERGY INDEX ETF / ZCLN.CA TA FAQ
Can you provide the ChartMill technical rating for BMO CLEAN ENERGY INDEX ETF?
ChartMill assigns a technical rating of 8 / 10 to ZCLN.CA.
What is the current trend direction of BMO CLEAN ENERGY INDEX ETF (ZCLN.CA) stock?
The current trend direction for BMO CLEAN ENERGY INDEX ETF (ZCLN.CA) is Bullish.
What is the RSI signal for BMO CLEAN ENERGY INDEX ETF (ZCLN.CA) stock?
BMO CLEAN ENERGY INDEX ETF (ZCLN.CA) has an RSI value of 49.6212. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BMO CLEAN ENERGY INDEX ETF?
BMO CLEAN ENERGY INDEX ETF (ZCLN.CA) has a support level at 18.67 and a resistance level at 19.32. Check the full technical report for our detailed analysis of ZCLN.CA support and resistance levels.