BMO MID FEDERAL BOND INDEX E (ZFM.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:ZFM • CA05590L1085
Taking everything into account, ZFM scores 1 out of 10 in our technical rating. ZFM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, ZFM is a bad performer in the overall market: 77% of all stocks are doing better.
- Warning: ZFM has an average volume of 18368 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- ZFM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZFM is lagging the market.
- In the last month ZFM has a been trading in a tight range between 14.77 and 14.88.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ZFM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 14.82, a Stop Loss order could be placed below this zone.
More info and screens
14.25
When analyzing the support we notice one important area.
- A support zone ranging from 14.39 to 14.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 14.83 to 15.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 ZFM.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZFM.CA is neutral. |
| ChartMill Relative Strength | 23.05 | NEGATIVE | ZFM.CA has a low relative strength, it was outperformed by 76.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZFM.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZFM.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ZFM.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.95 | NEUTRAL | The RSI value for ZFM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZFM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.3 | NEUTRAL | The Stochastics value for ZFM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for ZFM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.69 | NEGATIVE | The low ADX value for ZFM.CA suggests a weak or negative trend. |
TSX:ZFM (2/6/2026, 7:00:00 PM)
14.82
+0.01 (+0.07%)
BMO MID FEDERAL BOND INDEX E / ZFM.CA FAQ
What is the technical rating for ZFM stock?
ChartMill assigns a technical rating of 1 / 10 to ZFM.CA.
What is the current trend direction of BMO MID FEDERAL BOND INDEX E (ZFM.CA) stock?
The current trend direction for BMO MID FEDERAL BOND INDEX E (ZFM.CA) is Bearish.
What is the RSI signal for ZFM stock?
BMO MID FEDERAL BOND INDEX E (ZFM.CA) has an RSI value of 50.9502. This indicates that the stock is currently neutral.
What is the MACD signal for ZFM stock?
The MACD indicator for BMO MID FEDERAL BOND INDEX E (ZFM.CA) has a value of -0.000928536, indicating a bearish trend.
What is the short term momentum for ZFM stock?
The short term momentum for BMO MID FEDERAL BOND INDEX E (ZFM.CA) is neutral.