
Canada - Toronto Stock Exchange - TSX:ZEM - CA05576Y1088 - ETF
We assign a technical rating of 4 out of 10 to ZEM. In the last year, ZEM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, ZEM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 27.14, a Stop Loss order could be placed below this zone.
20.40
When analyzing the support we can see 4 important areas.
2 important resistance areas can be observed.
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 ZEM.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZEM.CA is down. |
| ChartMill Relative Strength | 62.39 | NEUTRAL | ZEM.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZEM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ZEM.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZEM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.36 | NEUTRAL | The RSI value for ZEM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ZEM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.45 | NEUTRAL | The Stochastics value for ZEM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for ZEM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.77 | NEGATIVE | The low ADX value for ZEM.CA suggests a weak or negative trend. |
TSX:ZEM (12/9/2025, 7:00:00 PM)
27.3
-0.03 (-0.11%)
ChartMill assigns a technical rating of 4 / 10 to ZEM.CA.
The current trend direction for BMO MSCI EMERGING MARKETS IN (ZEM.CA) is Bullish.
BMO MSCI EMERGING MARKETS IN (ZEM.CA) has an RSI value of 46.3645. This indicates that the stock is currently neutral.
The MACD indicator for BMO MSCI EMERGING MARKETS IN (ZEM.CA) has a value of -0.0324472, indicating a bearish trend.
The buy/sell signal for BMO MSCI EMERGING MARKETS IN (ZEM.CA) is hold as the short term and long term trends are mixed.