BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) Stock Technical Analysis
TSX:ZEB - CA0556851016 - ETF
50.97 CAD
+0.43 (+0.85%)
Overall ZEB gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZEB is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ZEB is one of the better performing stocks in the market, outperforming 70% of all stocks. We also observe that the gains produced by ZEB over the past year are nicely spread over this period.
A new 52 week high is currently being made by ZEB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ZEB has a been trading in the 47.33 - 50.85 range, which is quite wide. It is currently trading near the high of this range.
ZEB has an average volume of 2254520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ZEB has an excellent technical rating, it does not offer a high 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
40.52
51.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 49.03 to 50.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.44 to 46.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.93 from a trend line in the weekly time frame.
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 ZEB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZEB.CA is up. |
| ChartMill Relative Strength | 70.92 | POSITIVE | ZEB.CA has a high relative strength, it outperformed 70.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZEB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZEB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZEB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.53 | OVERBOUGHT | The high RSI value suggests ZEB.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ZEB.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.74 | OVERBOUGHT | The high Stochastics value suggests ZEB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for ZEB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 59.13 | POSITIVE | The high ADX value value for ZEB.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:ZEB (9/10/2025, 7:00:00 PM)
50.97
+0.43 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.85%
1 Week2.13%
2 Weeks5.34%
1 Month7.36%
3 Month14.8%
6 Month27.07%
12 Month27.04%
2 Year59.99%
3 Year48.27%
5 Year101.34%
10 Year135.1%
15 Year202.86%
Volatility
ATR(14)0.52
ATR(20)%0.86%
ATR Inc-25.99%
Range Today0.28
ADR(20)0.4
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.92
Mansfield0.76
10 Day High50.85
10 Day Low48.38
20 Day High50.85
20 Day Low47.33
52 Week High50.85
52 Week Low36.89
CS1 End50.01
CR1 Start50.75
Volume & EV
DER(3)-9.77%
DER(5)-7.14%
Volume1.24M
Volume Incr-10.2%
Vol(5)2.33M
Vol(50)2.25M