BMO MID CORPORATE BOND INDEX (ZCM.CA) Stock Technical Analysis
TSX:ZCM - Toronto Stock Exchange - CA05571K1030 - ETF - Currency: CAD
Taking everything into account, ZCM scores 0 out of 10 in our technical rating. ZCM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, ZCM is a bad performer in the overall market: 71% of all stocks are doing better.
Warning: ZCM has an average volume of 18655 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ZCM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZCM is lagging the market.
In the last month ZCM has a been trading in a tight range between 15.43 and 15.70.
ZCM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
14.44
16.06
We found 2 important support areas.
- A support zone ranging from 15.30 to 15.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.59 to 14.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.55 to 15.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ZCM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZCM.CA is down. |
| ChartMill Relative Strength | 29.45 | NEGATIVE | ZCM.CA has a low relative strength, it was outperformed by 70.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZCM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZCM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZCM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.6 | NEUTRAL | The RSI value for ZCM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ZCM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.38 | OVERSOLD | The low Stochastics value suggests ZCM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for ZCM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.76 | NEGATIVE | The low ADX value for ZCM.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:ZCM (7/17/2025, 7:00:00 PM)
15.49
+0.02 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.13%
1 Week-0.77%
2 Weeks-0.64%
1 Month-0.71%
3 Month-0.42%
6 Month-0.32%
12 Month2.51%
2 Year7.57%
3 Year2.58%
5 Year-11.64%
10 Year-6.12%
15 Year0.98%
Volatility
ATR(14)0.06
ATR(20)%0.37%
ATR Inc-45.56%
Range Today0.05
ADR(20)0.04
ADR(20)%0.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.45
Mansfield-0.83
10 Day High15.64
10 Day Low15.43
20 Day High15.7
20 Day Low15.43
52 Week High15.89
52 Week Low15.08
CS1 End15.34
CR1 Start15.55
Volume & EV
DER(3)0%
DER(5)1.43%
Volume8.28K
Volume Incr59.47%
Vol(5)20.85K
Vol(50)18.66K