BMO DISCOUNT BOND INDEX ETF (ZDB.CA) Stock Technical Analysis
Canada - TSX:ZDB - CA05590X1024 - ETF
15.25 CAD
+0.01 (+0.07%)
Overall ZDB gets a technical rating of 6 out of 10. 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 17450 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.
ZDB has an average technical rating and the quality of the presented setup is also not ideal 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
We found 2 important support areas.
- A support zone ranging from 14.85 to 15.24. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.26 to 15.50. This zone is formed by a combination of multiple trend lines 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 | 25.01 | NEGATIVE | ZDB.CA has a low relative strength, it was outperformed by 74.99% 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) | 83.92 | OVERBOUGHT | The high Stochastics value suggests ZDB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for ZDB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.94 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.32 | 15.16 | 0.16 (1.04%) | 25.00% |
| An entry @15.32. This is a Buy Stop order right above the 10 day high. | An exit @15.16. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.16 points, which is 1.04%. | For a 0.26% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ZDB (9/22/2025, 7:00:00 PM)
15.25
+0.01 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week0%
2 Weeks0.3%
1 Month1.8%
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)0.05
ATR(20)%0.31%
ATR Inc-42.86%
Range Today0.03
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
CRS25.01
Mansfield-0.99
10 Day High15.31
10 Day Low15.17
20 Day High15.31
20 Day Low14.92
52 Week High15.49
52 Week Low14.81
CS1 End15.24
CR1 Start15.26
Volume & EV
DER(3)3.08%
DER(5)1.08%
Volume27.99K
Volume Incr-5.64%
Vol(5)19.01K
Vol(50)17.45K