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BMO LW VOLAT CANADIAN-ZLB CA (ZLB.CA) Stock Technical Analysis

TSX:ZLB - Toronto Stock Exchange - CA05573T1021 - ETF - Currency: CAD

48.39  -0.25 (-0.51%)

Technical Rating and Analysis

6

Taking everything into account, ZLB scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZLB is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
ZLB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZLB is lagging the market slightly.
When comparing the performance of all stocks over the past year, ZLB turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
In the last month ZLB has a been trading in a tight range between 46.95 and 48.75.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BMO LW VOLAT CANADIAN-ZLB CA / ZLB Weekly stock chart
BMO LW VOLAT CANADIAN-ZLB CA / ZLB Daily stock chart
Setup Rating and Analysis

7

ZLB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 48.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.28, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

45.71

49.76

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 47.80 to 48.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 46.17 to 46.68. 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 48.63 to 49.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.62
Mansfield-0.4
10 Day High48.75
10 Day Low47
20 Day High48.75
20 Day Low46.95
52 Week High49.39
52 Week Low42.04
Performance
1 Week0.3%
2 Weeks0.92%
1 Month3.02%
3 Month1.3%
6 Month4%
12 Month13.14%
2 Year17.51%
3 Year22.76%
5 Year48.08%
10 Year84.48%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)58.6
LBB47.56
UBB48.78
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
48.7647.790.97 (1.99%)25.00%
An entry @48.76. This is a Buy Stop order right above the 10 day high.An exit @47.79. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.97 points, which is 1.99%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.50%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BMO LW VOLAT CANADIAN-ZLB CA / ZLB Daily stock chart

BMO LW VOLAT CANADIAN-ZLB CA

TSX:ZLB (2/14/2025, 7:00:00 PM)

48.39

-0.25 (-0.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.51%
1 Week0.3%
2 Weeks0.92%
1 Month3.02%
3 Month1.3%
6 Month4%
12 Month13.14%
2 Year17.51%
3 Year22.76%
5 Year48.08%
10 Year84.48%
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%0.73%
ATR Inc-15.07%
Range Today0.39
ADR(20)0.32
ADR(20)%0.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.62
Mansfield-0.4
10 Day High48.75
10 Day Low47
20 Day High48.75
20 Day Low46.95
52 Week High49.39
52 Week Low42.04
CS1 End48.28
CR1 Start48.63
Volume & EV
DER(3)-2.08%
DER(5)-2.36%
Volume30.58K
Volume Incr-31.01%
Vol(5)30.01K
Vol(50)48.63K