
Canada - Toronto Stock Exchange - TSX:ZLB - CA05573T1021 - ETF
We assign a technical rating of 7 out of 10 to ZLB. Although ZLB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ZLB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 56.70, a Stop Loss order could be placed below this zone.
51.58
We found 2 important support areas.
We found 1 important resistance area.
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 ZLB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZLB.CA is up. |
| ChartMill Relative Strength | 59.18 | NEUTRAL | ZLB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZLB.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZLB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZLB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.54 | NEUTRAL | The RSI value for ZLB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ZLB.CA has a negative trend. |
| Stochastics (14,3) | 37.59 | NEUTRAL | The Stochastics value for ZLB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for ZLB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.97 | NEGATIVE | The low ADX value for ZLB.CA suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 57.66 | 57.17 | 0.49 (0.85%) | 25.00% |
| An entry @57.66. This is a Buy Stop order right above the 10 day moving average. | An exit @57.17. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.49 points, which is 0.85%. | For a 0.21% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:ZLB (12/11/2025, 7:00:00 PM)
57.39
+0.11 (+0.19%)
ChartMill assigns a technical rating of 7 / 10 to ZLB.CA.
The current trend direction for BMO LOW VO CA EQ ETF-ZLB CAD (ZLB.CA) is Bullish.
BMO LOW VO CA EQ ETF-ZLB CAD (ZLB.CA) has an RSI value of 53.5442. This indicates that the stock is currently neutral.
The short term momentum for BMO LOW VO CA EQ ETF-ZLB CAD (ZLB.CA) is positive.
BMO LOW VO CA EQ ETF-ZLB CAD (ZLB.CA) has a support level at 56.7 and a resistance level at 57.49. Check the full technical report for our detailed analysis of ZLB.CA support and resistance levels.