BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) Stock Technical Analysis
TSX:ZEO • CA05585A2083
We assign a technical rating of 8 out of 10 to ZEO. 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.
- Warning: ZEO has an average volume of 28304 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- ZEO is currently making a new 52 week high. This is a strong signal. 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 81.16 - 92.64 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, ZEO turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
Although ZEO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
73.76
When analyzing the support we can see 4 important areas.
- A support zone ranging from 85.38 to 86.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @79.72 from a trend line in the weekly time frame.
- A support zone ranging from 76.89 to 77.58. 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.
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 | 63.1 | 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) | 77.29 | OVERBOUGHT | The high RSI value suggests ZEO.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests ZEO.CA has a positive trend. |
| Stochastics (14,3) | 93.91 | OVERBOUGHT | The high Stochastics value suggests ZEO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for ZEO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 40.99 | POSITIVE | The high ADX value value for ZEO.CA suggests a strong trend. |
TSX:ZEO (2/13/2026, 7:00:00 PM)
92.61
+2.03 (+2.24%)
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 77.2942. 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 0.475078, 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.