BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) Technical Analysis
TSX:ZEB • CA0556851016
Current stock price
ZEB.CA Technical Rating and Analysis
Overall ZEB gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- 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!
- 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.
- ZEB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZEB is performing more or less in line with the market.
- ZEB has an average volume of 1830770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ZEB has a been trading in a tight range between 57.14 and 60.36.
ZEB.CA Weekly and Daily overview Charts
ZEB.CA Setup Rating and Analysis
ZEB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 59.70, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZEB 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
ZEB.CA Support and Resistance Analysis
42.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 57.50 to 59.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.08 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @62.82 from a horizontal line in the daily time frame.
ZEB.CA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for ZEB.CA is neutral. |
| ChartMill Relative Strength | 70.96 | POSITIVE | ZEB.CA has a high relative strength, it outperformed 70.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZEB.CA is above a declining 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) | 54.04 | NEUTRAL | The RSI value for ZEB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests ZEB.CA has a positive trend. |
| Stochastics (14,3) | 84.98 | OVERBOUGHT | The high Stochastics value suggests ZEB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for ZEB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.51 | NEUTRAL | The ADX value for ZEB.CA suggests a possible start of a new trend. |
ZEB.CA Chart- and CandleStick Pattern Analysis
ZEB.CA Example Setup
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 |
|---|---|---|---|
| 60.00 | 57.13 | 2.87 (4.78%) | 20.91% |
| An entry @60.00. This is a Buy Stop order right above the 10 day high. | An exit @57.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.87 points, which is 4.78%. | When investing 20.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
ZEB.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ZEB (4/2/2026, 7:00:00 PM)
59.93
+0.17 (+0.28%)
BMO EQUAL WEIGHT BANKS INDEX / ZEB.CA TA FAQ
What is the technical rating for ZEB stock?
ChartMill assigns a technical rating of 7 / 10 to ZEB.CA.
What is the trend direction for ZEB stock?
The current trend direction for BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) is Bullish.
What is the RSI signal for BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) stock?
BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) has an RSI value of 54.0374. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for BMO EQUAL WEIGHT BANKS INDEX?
BMO EQUAL WEIGHT BANKS INDEX (ZEB.CA) has a support level at 59.7 and a resistance level at 62.82. Check the full technical report for our detailed analysis of ZEB.CA support and resistance levels.