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BMO LONG CORPORATE BOND INDX (ZLC.CA) Stock Technical Analysis

TSX:ZLC - Toronto Stock Exchange - CA05571J1066 - ETF - Currency: CAD

15.62  0 (0%)

Technical Rating and Analysis

5

Taking everything into account, ZLC scores 5 out of 10 in our technical rating. ZLC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ZLC 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 ZLC is lagging the market slightly.
When compared to the yearly performance of all other stocks, ZLC outperforms 42% of them, which is more or less in line with the market.
In the last month ZLC has a been trading in a tight range between 15.30 and 15.87.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BMO LONG CORPORATE BOND INDX / ZLC Weekly stock chart
BMO LONG CORPORATE BOND INDX / ZLC Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is only medium, ZLC does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 15.58, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

14.61

16.17

2 important support areas can be observed.

  • A support zone ranging from 15.15 to 15.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 14.76 to 14.90. 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 15.68 to 16.01. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS42.09
Mansfield-0.68
10 Day High15.87
10 Day Low15.46
20 Day High15.87
20 Day Low15.3
52 Week High16.04
52 Week Low14.37
Performance
1 Week-0.57%
2 Weeks0.39%
1 Month1.49%
3 Month1.1%
6 Month1.17%
12 Month5.19%
2 Year5.33%
3 Year-9.24%
5 Year-22.02%
10 Year-18.9%
15 Year0.64%
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
RSI(14)52.75
LBB15.42
UBB15.86
BMO LONG CORPORATE BOND INDX / ZLC Daily stock chart

BMO LONG CORPORATE BOND INDX

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

15.62

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.57%
2 Weeks0.39%
1 Month1.49%
3 Month1.1%
6 Month1.17%
12 Month5.19%
2 Year5.33%
3 Year-9.24%
5 Year-22.02%
10 Year-18.9%
15 Year0.64%
Volatility
ATR(14)0.13
ATR(20)%0.78%
ATR Inc9.5%
Range Today0.09
ADR(20)0.09
ADR(20)%0.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.09
Mansfield-0.68
10 Day High15.87
10 Day Low15.46
20 Day High15.87
20 Day Low15.3
52 Week High16.04
52 Week Low14.37
CS1 End15.58
CR1 Start15.68
Volume & EV
DER(3)-0.26%
DER(5)-2.29%
Volume12.98K
Volume Incr-69.1%
Vol(5)17.84K
Vol(50)43.11K