BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ZEO - CA05585A2083 - ETF
Taking everything into account, ZEO scores 4 out of 10 in our technical rating. ZEO has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Warning: ZEO has an average volume of 14604 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- ZEO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZEO is lagging the market slightly.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, ZEO outperforms 42% of them, which is more or less in line with the market.
- In the last month ZEO has a been trading in the 76.16 - 81.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ZEO has an average technical rating and it also 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
73.76
2 important support areas can be observed.
- A support zone ranging from 76.46 to 80.30. This zone is formed by a combination of multiple trend lines and important moving averages 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 82.09 to 83.21. 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 | NEUTRAL | NEUTRAL | The long term trend for ZEO.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZEO.CA is neutral. |
| ChartMill Relative Strength | 42.49 | NEUTRAL | ZEO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZEO.CA is above a declining 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) | 53.47 | NEUTRAL | The RSI value for ZEO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ZEO.CA has a positive trend. |
| Stochastics (14,3) | 55.9 | NEUTRAL | The Stochastics value for ZEO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for ZEO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for ZEO.CA suggests a weak or negative trend. |
TSX:ZEO (1/13/2026, 7:00:00 PM)
80.33
+1.61 (+2.05%)
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 4 / 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 Bearish.
What is the RSI signal for ZEO stock?
BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) has an RSI value of 53.4662. This indicates that the stock is currently neutral.
What is the MACD signal for ZEO stock?
The MACD indicator for BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) has a value of 0.0250237, indicating a bearish trend.