BMO JUNIOR GOLD INDEX ETF (ZJG.CA) Stock Technical Analysis
TSX:ZJG - Toronto Stock Exchange - CA05571L3092 - ETF - Currency: CAD
Taking everything into account, ZJG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ZJG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ZJG has an average volume of 3845 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ZJG is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, ZJG also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by ZJG, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so ZJG is leading the market.
In the last month ZJG has a been trading in the 117.31 - 137.53 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although ZJG has an excellent technical rating, it does not present a decent entry opportunity 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
109.53
137.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 122.09 to 123.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 117.75 to 119.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @110.64 from a trend line in the weekly time frame.
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 ZJG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZJG.CA is up. |
| ChartMill Relative Strength | 89.98 | POSITIVE | ZJG.CA has a high relative strength, it outperformed 89.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZJG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZJG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZJG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.48 | NEUTRAL | The RSI value for ZJG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests ZJG.CA has a positive trend. |
| Stochastics (14,3) | 91.82 | OVERBOUGHT | The high Stochastics value suggests ZJG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for ZJG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.75 | NEGATIVE | The low ADX value for ZJG.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:ZJG (6/2/2025, 7:00:00 PM)
136.58
+7.23 (+5.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.59%
1 Week4.96%
2 Weeks15.57%
1 Month14.77%
3 Month27.73%
6 Month40.89%
12 Month66.4%
2 Year114.99%
3 Year139.11%
5 Year72.86%
10 Year285.17%
15 Year39.14%
Volatility
ATR(14)2.85
ATR(20)%2.43%
ATR Inc49.84%
Range Today5.44
ADR(20)1.67
ADR(20)%1.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.98
Mansfield2.99
10 Day High137.53
10 Day Low124.15
20 Day High137.53
20 Day Low117.31
52 Week High137.53
52 Week Low75.68
CS1 End123.25
CR1 StartN/A
Volume & EV
DER(3)-0.82%
DER(5)2.8%
Volume2.05K
Volume Incr-47.77%
Vol(5)2.22K
Vol(50)3.85K