BMO SHORT FEDERAL BOND INDEX (ZFS.CA) Stock Technical Analysis
TSX:ZFS - CA0969111024 - ETF
13.9 CAD
+0.01 (+0.07%)
Taking everything into account, ZFS scores 3 out of 10 in our technical rating. ZFS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
73% of all other stocks performed better in the past year than ZFS.
Warning: ZFS has an average volume of 15856 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ZFS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZFS is lagging the market.
In the last month ZFS has a been trading in a tight range between 13.88 and 13.91.
ZFS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 13.90, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.24
14.16
We found 2 important support areas.
- A support zone ranging from 13.70 to 13.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.00 to 14.02. 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 ZFS.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZFS.CA is neutral. |
| ChartMill Relative Strength | 27.37 | NEGATIVE | ZFS.CA has a low relative strength, it was outperformed by 72.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZFS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZFS.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZFS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.53 | NEUTRAL | The RSI value for ZFS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ZFS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for ZFS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.1 | LOW VOLATILITY | The low ATR as a percentage value for ZFS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.87 | NEGATIVE | The low ADX value for ZFS.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:ZFS (8/29/2025, 7:00:00 PM)
13.9
+0.01 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week-0.07%
2 Weeks0.07%
1 Month0.29%
3 Month-0.14%
6 Month-0.36%
12 Month1.31%
2 Year5.62%
3 Year4.51%
5 Year-4.86%
10 Year-6.21%
15 Year-8.79%
Volatility
ATR(14)0.01
ATR(20)%0.1%
ATR Inc112.12%
Range Today0.02
ADR(20)0.01
ADR(20)%0.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.37
Mansfield-0.86
10 Day High13.91
10 Day Low13.88
20 Day High13.91
20 Day Low13.88
52 Week High14.05
52 Week Low13.69
CS1 End13.9
CR1 Start14
Volume & EV
DER(3)0.72%
DER(5)-0.23%
Volume41.50K
Volume Incr37.24%
Vol(5)18.68K
Vol(50)15.86K