BMO S&P/TSX CAP COMP IND ETF (ZCN.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:ZCN • CA05574G1090
We assign a technical rating of 5 out of 10 to ZCN. ZCN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- ZCN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, ZCN outperforms 62% of them, which is more or less in line with the market.
- In the last month ZCN has a been trading in a tight range between 42.50 and 44.75.
- Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, ZCN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 43.02, a Stop Loss order could be placed below this zone.
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32.88
3 important support areas can be observed.
- A support zone ranging from 41.97 to 43.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @39.87 from a horizontal line in the daily time frame.
- Support @33.21 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.64 to 44.43. 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 | UP | POSITIVE | The long term trend for ZCN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZCN.CA is neutral. |
| ChartMill Relative Strength | 62.2 | NEUTRAL | ZCN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZCN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZCN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZCN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.5 | NEUTRAL | The RSI value for ZCN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ZCN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.15 | NEUTRAL | The Stochastics value for ZCN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for ZCN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.02 | POSITIVE | The high ADX value value for ZCN.CA suggests a strong trend. |
TSX:ZCN (2/6/2026, 7:00:00 PM)
43.5
+0.64 (+1.49%)
BMO S&P/TSX CAP COMP IND ETF / ZCN.CA FAQ
Can you provide the ChartMill technical rating for BMO S&P/TSX CAP COMP IND ETF?
ChartMill assigns a technical rating of 5 / 10 to ZCN.CA.
Can you provide the trend direction for BMO S&P/TSX CAP COMP IND ETF?
The current trend direction for BMO S&P/TSX CAP COMP IND ETF (ZCN.CA) is Bullish.
What is the RSI signal for ZCN stock?
BMO S&P/TSX CAP COMP IND ETF (ZCN.CA) has an RSI value of 50.495. This indicates that the stock is currently neutral.
What are the support and resistance levels for BMO S&P/TSX CAP COMP IND ETF (ZCN.CA) stock?
BMO S&P/TSX CAP COMP IND ETF (ZCN.CA) has a support level at 43.02 and a resistance level at 43.64. Check the full technical report for our detailed analysis of ZCN.CA support and resistance levels.