BMO MSCI EAFE HEDGED TO CAD (ZDM.CA) Stock Technical Analysis
TSX:ZDM - Toronto Stock Exchange - CA05577N1015 - ETF - Currency: CAD
Overall ZDM gets a technical rating of 6 out of 10. Although ZDM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ZDM has an average volume of 16464 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 may just continue or reversal may be around the corner!
ZDM 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 comparing the performance of all stocks over the past year, ZDM turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
In the last month ZDM has a been trading in a tight range between 31.03 and 31.97.
ZDM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 31.62, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZDM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
27.56
32.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 31.30 to 31.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.49 to 28.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @27.84 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.67 to 32.02. 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 ZDM.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZDM.CA is neutral. |
| ChartMill Relative Strength | 46.02 | NEUTRAL | ZDM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZDM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZDM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZDM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.4 | NEUTRAL | The RSI value for ZDM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ZDM.CA has a negative trend. |
| Stochastics (14,3) | 64.24 | NEUTRAL | The Stochastics value for ZDM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for ZDM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.89 | NEGATIVE | The low ADX value for ZDM.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)
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 |
|---|---|---|---|
| 31.77 | 31.42 | 0.35 (1.09%) | 25.00% |
| An entry @31.77. This is a Buy Stop order right above the 10 day moving average. | An exit @31.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.35 points, which is 1.09%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.27%. |
- The distance between exit and entry is rather small compared to the average daily movement of ZDM. Please evaluate whether better entry and exit points can be found.
- 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:ZDM (7/16/2025, 7:00:00 PM)
31.64
-0.06 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.19%
1 Week-1.03%
2 Weeks0.16%
1 Month0.6%
3 Month9.33%
6 Month5.01%
12 Month5.96%
2 Year18.55%
3 Year40.99%
5 Year79.04%
10 Year71.85%
15 Year142.56%
Volatility
ATR(14)0.24
ATR(20)%0.77%
ATR Inc3.63%
Range Today0.28
ADR(20)0.19
ADR(20)%0.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.02
Mansfield-0.32
10 Day High31.97
10 Day Low31.43
20 Day High31.97
20 Day Low31.03
52 Week High32.02
52 Week Low26.75
CS1 End31.62
CR1 Start31.67
Volume & EV
DER(3)0.32%
DER(5)3.15%
Volume19.24K
Volume Incr-13.51%
Vol(5)16.19K
Vol(50)16.46K