BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) Technical Analysis
TSX:ZEO • CA05585A2083
Overall ZEO gets a technical rating of 8 out of 10. Although ZEO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- ZEO 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.
- In the last month ZEO has a been trading in the 87.07 - 98.00 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, ZEO outperforms 66% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
Although ZEO has an excellent technical rating, it does not present a decent entry opportunity 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
73.76
We found 4 important support areas.
- A support zone ranging from 92.38 to 94.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @80.67 from a trend line in the weekly time frame.
- A support zone ranging from 76.89 to 77.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 96.27 to 96.27. This zone is formed by a combination of multiple trend lines 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 ZEO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZEO.CA is up. |
| ChartMill Relative Strength | 66.9 | NEUTRAL | ZEO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZEO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZEO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZEO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.55 | OVERBOUGHT | The high RSI value suggests ZEO.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ZEO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.47 | NEUTRAL | The Stochastics value for ZEO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for ZEO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 50.96 | POSITIVE | The high ADX value value for ZEO.CA suggests a strong trend. |
ZEO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ZEO (3/4/2026, 7:00:00 PM)
96.26
+0.1 (+0.1%)
BMO EQUAL WEIGHT OIL & GAS I / ZEO.CA FAQ
Can you provide the ChartMill technical rating for BMO EQUAL WEIGHT OIL & GAS I?
ChartMill assigns a technical rating of 8 / 10 to ZEO.CA.
What is the trend direction for ZEO stock?
The current trend direction for BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) is Bullish.
What is the RSI signal for ZEO stock?
BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) has an RSI value of 75.5508. This indicates that the stock is currently overbought.
What is the MACD signal for ZEO stock?
The MACD indicator for BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) has a value of 0.0605659, indicating a bearish trend.
What is the buy/sell signal for ZEO stock?
The buy/sell signal for BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) is buy as both the short term and long term trends are positive.