BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ZEO - CA05585A2083 - ETF
We assign a technical rating of 8 out of 10 to ZEO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZEO is only an average performer.
Although ZEO has an excellent technical rating, the quality of the presented setup is not ideal 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
67.29
When analyzing the support we can see 3 important areas.
- A support zone ranging from 78.95 to 79.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 76.87 to 77.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 82.20 to 83.13. 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 | 47.36 | 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) | 63.33 | NEUTRAL | The RSI value for ZEO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests ZEO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.57 | OVERBOUGHT | The high Stochastics value suggests ZEO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for ZEO.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.69 | NEUTRAL | The ADX value for ZEO.CA suggests a possible start of a new trend. |
TSX:ZEO (11/21/2025, 7:00:00 PM)
82.19
-0.26 (-0.32%)
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.
Can you provide the trend direction for BMO EQUAL WEIGHT OIL & GAS I?
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 63.3285. This indicates that the stock is currently neutral.
What is the buy/sell signal for BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) 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.
Can you provide the support and resistance levels for BMO EQUAL WEIGHT OIL & GAS I?
BMO EQUAL WEIGHT OIL & GAS I (ZEO.CA) has a support level at 79.8 and a resistance level at 82.2. Check the full technical report for our detailed analysis of ZEO.CA support and resistance levels.