BMO GROWTH ETF FIX PERC DIST (ZGRO-T.CA) Stock Technical Analysis
TSX:ZGRO-T - Toronto Stock Exchange - CA05587J2074 - ETF - Currency: CAD
Taking everything into account, ZGRO-T scores 4 out of 10 in our technical rating. In the past year, ZGRO-T was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Warning: ZGRO-T has an average volume of 4086 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ZGRO-T is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZGRO-T is performing more or less in line with the market.
In the last month ZGRO-T has a been trading in the 32.96 - 35.70 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, ZGRO-T turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
ZGRO-T has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
31.37
37.00
When analyzing the support we can see 3 important areas.
- A support zone ranging from 34.32 to 35.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.50 to 33.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.69 to 31.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 35.40 to 35.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 36.39 to 36.63. 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 ZGRO-T.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZGRO-T.CA is up. |
| ChartMill Relative Strength | 48.61 | NEUTRAL | ZGRO-T.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZGRO-T.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZGRO-T.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZGRO-T.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.29 | NEUTRAL | The RSI value for ZGRO-T.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ZGRO-T.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.43 | OVERBOUGHT | The high Stochastics value suggests ZGRO-T.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for ZGRO-T.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.86 | NEGATIVE | The low ADX value for ZGRO-T.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:ZGRO-T (5/22/2025, 7:00:00 PM)
35.18
+0.03 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week-0.4%
2 Weeks2.51%
1 Month8.18%
3 Month-2.25%
6 Month-1.01%
12 Month5.87%
2 Year19.05%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%0.9%
ATR Inc17.88%
Range Today0.2
ADR(20)0.15
ADR(20)%0.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.61
Mansfield-0.11
10 Day High35.7
10 Day Low34.1
20 Day High35.7
20 Day Low32.96
52 Week High36.62
52 Week Low29.99
CS1 End35.07
CR1 Start35.4
Volume & EV
DER(3)0.41%
DER(5)0.25%
Volume1.05K
Volume Incr-18.28%
Vol(5)2.79K
Vol(50)4.09K