BMO DISCOUNT BOND INDEX ETF (ZDB.CA) Stock Technical Analysis
Canada - TSX:ZDB - CA05590X1024 - ETF
15.25 CAD
0 (0%)
We assign a technical rating of 6 out of 10 to ZDB. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ZDB is a bad performer.
75% of all other stocks performed better in the past year than ZDB.
Warning: ZDB has an average volume of 17743 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ZDB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZDB is lagging the market.
In the last month ZDB has a been trading in a tight range between 14.92 and 15.31.
Volume is considerably higher in the last couple of days.
ZDB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
14.34
15.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.85 to 15.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.48 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.25 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 | UP | POSITIVE | The long term trend for ZDB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZDB.CA is up. |
| ChartMill Relative Strength | 25.13 | NEGATIVE | ZDB.CA has a low relative strength, it was outperformed by 74.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZDB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZDB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZDB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.32 | NEUTRAL | The RSI value for ZDB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZDB.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.16 | OVERBOUGHT | The high Stochastics value suggests ZDB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for ZDB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.54 | POSITIVE | The high ADX value value for ZDB.CA suggests a strong 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 (9/23/2025, 7:00:00 PM)
15.25
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.2%
2 Weeks0.39%
1 Month1.97%
3 Month0.96%
6 Month-0.26%
12 Month0.13%
2 Year10.27%
3 Year6.12%
5 Year-12.32%
10 Year-3.63%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.3%
ATR Inc-50.35%
Range Today0.02
ADR(20)0.03
ADR(20)%0.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.13
Mansfield-0.94
10 Day High15.31
10 Day Low15.21
20 Day High15.31
20 Day Low14.92
52 Week High15.49
52 Week Low14.81
CS1 End15.15
CR1 Start15.25
Volume & EV
DER(3)-0.28%
DER(5)0.8%
Volume31.81K
Volume Incr31.8%
Vol(5)24.66K
Vol(50)17.74K