BMO S&P/TSX 60 INDEX ETF (ZIU.CA) Stock Technical Analysis
TSX:ZIU - Toronto Stock Exchange - CA05593C1059 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to ZIU. Although ZIU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ZIU has an average volume of 23083 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 positive. This is looking good!
ZIU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, ZIU turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
In the last month ZIU has a been trading in a tight range between 60.45 and 61.98.
Considerably lower volume is observed in the last couple of days.
Although ZIU has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
52.54
62.54
When analyzing the support we can see 4 important areas.
- A support zone ranging from 60.94 to 61.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 59.19 to 59.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.53 from a trend line in the weekly time frame.
- A support zone ranging from 53.07 to 53.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 61.92 to 61.92. 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 ZIU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZIU.CA is up. |
| ChartMill Relative Strength | 67.74 | NEUTRAL | ZIU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZIU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZIU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZIU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66 | NEUTRAL | The RSI value for ZIU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ZIU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.37 | NEUTRAL | The Stochastics value for ZIU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for ZIU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 33 | POSITIVE | The high ADX value value for ZIU.CA suggests a strong 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:ZIU (7/3/2025, 7:00:00 PM)
61.91
+0.52 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.85%
1 Week1.13%
2 Weeks0.67%
1 Month1.96%
3 Month14.46%
6 Month7.22%
12 Month22.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%0.5%
ATR Inc55.56%
Range Today0.24
ADR(20)0.12
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
CRS67.74
Mansfield-0.01
10 Day High61.91
10 Day Low60.95
20 Day High61.98
20 Day Low60.45
52 Week High61.98
52 Week Low50.46
CS1 End61.48
CR1 Start61.92
Volume & EV
DER(3)0%
DER(5)0%
Volume1.23K
Volume Incr36.45%
Vol(5)1.37K
Vol(50)23.08K