BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ZEB - CA0556851016 - ETF
Taking everything into account, ZEB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ZEB has proven to be a steady performer, scoring decent points in every aspect analyzed.
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
41.16
3 important support areas can be observed.
- A support zone ranging from 55.09 to 55.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 51.91 to 51.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.58 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 | 72.49 | POSITIVE | ZEB.CA has a high relative strength, it outperformed 72.49% 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) | 75.46 | OVERBOUGHT | The high RSI value suggests ZEB.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ZEB.CA has a positive trend. |
| Stochastics (14,3) | 96.92 | OVERBOUGHT | The high Stochastics value suggests ZEB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for ZEB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 38.66 | POSITIVE | The high ADX value value for ZEB.CA suggests a strong trend. |
TSX:ZEB (12/8/2025, 7:00:00 PM)
57.09
-0.05 (-0.09%)
BMO EQUAL WEIGHT BANKS INDEX / ZEB.CA FAQ
What is the technical rating for ZEB stock?
ChartMill assigns a technical rating of 10 / 10 to ZEB.CA.
What is the current trend direction of BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) stock?
The current trend direction for BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) is Bullish.
What is the RSI signal for ZEB stock?
BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) has an RSI value of 75.4554. This indicates that the stock is currently overbought.
What is the short term momentum for BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) stock?
The short term momentum for BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) is positive.
Can you provide the buy/sell signal for BMO EQUAL WEIGHT BANKS INDEX?
The buy/sell signal for BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) is buy as both the short term and long term trends are positive.