BMO SHORT CORPORATE BOND IND (ZCS.CA) Stock Technical Analysis
TSX:ZCS - Toronto Stock Exchange - CA0559761048 - ETF - Currency: CAD
Taking everything into account, ZCS scores 3 out of 10 in our technical rating. ZCS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ZCS is a bad performer in the overall market: 67% of all stocks are doing better.
Warning: ZCS has an average volume of 21634 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ZCS 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.
In the last month ZCS has a been trading in a tight range between 13.96 and 14.04.
ZCS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 14.00, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.18
14.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.77 to 14.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @13.31 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.01 to 14.05. 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 ZCS.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZCS.CA is neutral. |
| ChartMill Relative Strength | 33.69 | NEUTRAL | ZCS.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZCS.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZCS.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZCS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.36 | NEUTRAL | The RSI value for ZCS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ZCS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for ZCS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for ZCS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.7 | NEGATIVE | The low ADX value for ZCS.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:ZCS (6/30/2025, 7:00:00 PM)
14.01
+0.01 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week-0.07%
2 Weeks0.21%
1 Month0%
3 Month0.14%
6 Month0.72%
12 Month3.62%
2 Year7.52%
3 Year6.7%
5 Year-2.84%
10 Year-5.34%
15 Year-6.79%
Volatility
ATR(14)0.02
ATR(20)%0.16%
ATR Inc119.61%
Range Today0.02
ADR(20)0.02
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.69
Mansfield-0.58
10 Day High14.04
10 Day Low13.98
20 Day High14.04
20 Day Low13.96
52 Week High14.05
52 Week Low13.51
CS1 End14
CR1 Start14.01
Volume & EV
DER(3)1.36%
DER(5)1.15%
Volume29.64K
Volume Incr-35.16%
Vol(5)15.14K
Vol(50)21.63K