BMO MID FEDERAL BOND INDEX E (ZFM.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ZFM - CA05590L1085 - ETF
Overall ZFM gets a technical rating of 2 out of 10. 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.
- 76% of all other stocks performed better in the past year than ZFM.
- Warning: ZFM has an average volume of 19878 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 neutral. This gives a pretty neutral overall picture!
- 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 14.73 and 14.87.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ZFM 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 14.87, a Stop Loss order could be placed below this zone.
More info and screens
14.25
We found 1 important support area.
- A support zone ranging from 14.39 to 14.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.00 to 15.16. 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 ZFM.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZFM.CA is neutral. |
| ChartMill Relative Strength | 24.86 | NEGATIVE | ZFM.CA has a low relative strength, it was outperformed by 75.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZFM.CA is above the rising 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) | DOWN | MIXED | The current price of ZFM.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.15 | NEUTRAL | The RSI value for ZFM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ZFM.CA has a positive trend. |
| Stochastics (14,3) | 88.53 | OVERBOUGHT | The high Stochastics value suggests ZFM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for ZFM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.13 | NEGATIVE | The low ADX value for ZFM.CA suggests a weak or negative trend. |
TSX:ZFM (1/15/2026, 7:00:00 PM)
14.87
+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 2 / 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 56.1541. 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 0.0153508, 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.