BMO DISCOUNT BOND INDEX ETF (ZDB.CA) Stock Technical Analysis
TSX:ZDB - Toronto Stock Exchange - CA05590X1024 - ETF - Currency: CAD
We assign a technical rating of 0 out of 10 to ZDB. ZDB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ZDB is a bad performer in the overall market: 75% of all stocks are doing better.
ZDB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: ZDB has an average volume of 20550 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ZDB has a been trading in a tight range between 14.92 and 15.17.
The technical rating of ZDB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.34
15.66
When analyzing the support we notice one important area.
- Support @14.48 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.88 to 15.50. 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 | DOWN | NEGATIVE | The long term trend for ZDB.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZDB.CA is down. |
| ChartMill Relative Strength | 25.79 | NEGATIVE | ZDB.CA has a low relative strength, it was outperformed by 74.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZDB.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZDB.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZDB.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.02 | NEUTRAL | The RSI value for ZDB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ZDB.CA has a negative trend. |
| Stochastics (14,3) | 12.11 | OVERSOLD | The low Stochastics value suggests ZDB.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for ZDB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.94 | NEGATIVE | The low ADX value for ZDB.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:ZDB (7/15/2025, 7:00:00 PM)
14.86
-0.1 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.67%
1 Week-0.67%
2 Weeks-1.16%
1 Month-0.67%
3 Month-1.32%
6 Month-0.86%
12 Month1.22%
2 Year4.63%
3 Year-0.13%
5 Year-15.18%
10 Year-7.12%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.35%
ATR Inc11.66%
Range Today0.07
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
CRS25.79
Mansfield-0.87
10 Day High15.17
10 Day Low14.92
20 Day High15.17
20 Day Low14.92
52 Week High15.49
52 Week Low14.71
CS1 End14.92
CR1 Start14.95
Volume & EV
DER(3)-1.56%
DER(5)1.4%
Volume23.73K
Volume Incr-38.99%
Vol(5)17.11K
Vol(50)20.55K