BMO LONG FEDERAL BOND INDEX (ZFL.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ZFL - CA05590K1003 - ETF
We assign a technical rating of 1 out of 10 to ZFL. ZFL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ZFL is a bad performer in the overall market: 85% of all stocks are doing better.
- ZFL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ZFL has a been trading in a tight range between 11.88 and 12.20.
Although the technical rating is bad, ZFL 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 12.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZFL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.75
We found 1 important support area.
- A support zone ranging from 11.87 to 12.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 12.09 to 12.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @12.59 from a horizontal line in the daily time frame.
- Resistance @13.28 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 13.65 to 13.76. 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 | DOWN | NEGATIVE | The long term trend for ZFL.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZFL.CA is down. |
| ChartMill Relative Strength | 15.26 | NEGATIVE | ZFL.CA has a low relative strength, it was outperformed by 84.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZFL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZFL.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZFL.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.78 | NEUTRAL | The RSI value for ZFL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZFL.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.53 | NEUTRAL | The Stochastics value for ZFL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for ZFL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.53 | NEGATIVE | The low ADX value for ZFL.CA suggests a weak or negative trend. |
TSX:ZFL (1/23/2026, 7:00:00 PM)
12.08
-0.03 (-0.21%)
BMO LONG FEDERAL BOND INDEX / ZFL.CA FAQ
What is the technical rating for ZFL stock?
ChartMill assigns a technical rating of 1 / 10 to ZFL.CA.
Can you provide the trend direction for BMO LONG FEDERAL BOND INDEX?
The current trend direction for BMO LONG FEDERAL BOND INDEX (ZFL.CA) is Bearish.
Can you provide the RSI signal for BMO LONG FEDERAL BOND INDEX?
BMO LONG FEDERAL BOND INDEX (ZFL.CA) has an RSI value of 48.7796. This indicates that the stock is currently neutral.
What is the short term momentum for BMO LONG FEDERAL BOND INDEX (ZFL.CA) stock?
The short term momentum for BMO LONG FEDERAL BOND INDEX (ZFL.CA) is negative.
Can you provide the buy/sell signal for BMO LONG FEDERAL BOND INDEX?
The buy/sell signal for BMO LONG FEDERAL BOND INDEX (ZFL.CA) is sell as both the short term and long term trends are negative.