BMO CANADIAN DIVIDEND ETF (ZDV.CA) Stock Technical Analysis
Canada - TSX:ZDV - CA05590R1055 - ETF
25.81 CAD
-0.22 (-0.85%)
Taking everything into account, ZDV scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZDV is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
ZDV 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 compared to the yearly performance of all other stocks, ZDV outperforms 53% of them, which is more or less in line with the market.
In the last month ZDV has a been trading in a tight range between 25.67 and 26.33.
ZDV has an excellent technical rating and also presents 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 25.80, a Stop Loss order could be placed below this zone.
More info and screens
21.69
26.47
3 important support areas can be observed.
- A support zone ranging from 25.80 to 25.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.67 from a trend line in the weekly time frame.
- Support @21.91 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.96 to 26.21. 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 ZDV.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZDV.CA is up. |
| ChartMill Relative Strength | 53.88 | NEUTRAL | ZDV.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZDV.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZDV.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZDV.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.54 | NEUTRAL | The RSI value for ZDV.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ZDV.CA has a negative trend. |
| Stochastics (14,3) | 24.4 | NEUTRAL | The Stochastics value for ZDV.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for ZDV.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 42.97 | POSITIVE | The high ADX value value for ZDV.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 |
|---|---|---|---|
| 26.01 | 25.79 | 0.22 (0.83%) | 25.00% |
| An entry @26.01. This is a Buy Stop order right above the 10 day moving average. | An exit @25.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 0.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%. |
- The distance between exit and entry is rather small compared to the average daily movement of ZDV. 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:ZDV (10/21/2025, 7:00:00 PM)
25.81
-0.22 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.85%
1 Week-0.88%
2 Weeks-1.53%
1 Month0.39%
3 Month6.26%
6 Month15.38%
12 Month15.07%
2 Year46.4%
3 Year38.71%
5 Year83.29%
10 Year71.07%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.72%
ATR Inc18.35%
Range Today0.15
ADR(20)0.16
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.88
3 months CRS56.06
6 months CRS50.46
Mansfield0.01
10 Day High26.33
10 Day Low25.77
20 Day High26.33
20 Day Low25.67
52 Week High26.33
52 Week Low20.4
CS1 End25.8
CR1 Start25.96
Volume & EV
DER(3)-7.66%
DER(5)-7.11%
Volume41.03K
Volume Incr-10.66%
Vol(5)36.79K
Vol(50)36.11K