BMO MID FEDERAL BOND INDEX E (ZFM.CA) Stock Technical Analysis
TSX:ZFM - Toronto Stock Exchange - CA05590L1085 - ETF - Currency: CAD
Overall ZFM gets a technical rating of 0 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
76% of all other stocks performed better in the past year than ZFM.
ZFM 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.
Warning: ZFM has an average volume of 9315 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ZFM has a been trading in a tight range between 14.59 and 14.85.
The technical rating of ZFM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
13.99
15.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.39 to 14.49. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @14.13 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.59 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 | DOWN | NEGATIVE | The long term trend for ZFM.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZFM.CA is down. |
| ChartMill Relative Strength | 24.32 | NEGATIVE | ZFM.CA has a low relative strength, it was outperformed by 75.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZFM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZFM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZFM.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.57 | NEUTRAL | The RSI value for ZFM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ZFM.CA has a negative trend. |
| Stochastics (14,3) | 10.06 | OVERSOLD | The low Stochastics value suggests ZFM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for ZFM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.41 | NEGATIVE | The low ADX value for ZFM.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:ZFM (7/15/2025, 7:00:00 PM)
14.51
-0.1 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.65%
1 Week-0.61%
2 Weeks-1.12%
1 Month-0.48%
3 Month-1.88%
6 Month-0.34%
12 Month1.18%
2 Year3.99%
3 Year-2.34%
5 Year-17.28%
10 Year-14.22%
15 Year-5.26%
Volatility
ATR(14)0.05
ATR(20)%0.34%
ATR Inc20.69%
Range Today0.08
ADR(20)0.03
ADR(20)%0.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.32
Mansfield-0.86
10 Day High14.81
10 Day Low14.59
20 Day High14.85
20 Day Low14.59
52 Week High15.21
52 Week Low14.39
CS1 End14.59
CR1 Start14.69
Volume & EV
DER(3)-0.18%
DER(5)0.29%
Volume23.43K
Volume Incr8.53%
Vol(5)9.50K
Vol(50)9.32K