TSX:ZMI - Toronto Stock Exchange - CA05572P1018 - ETF - Currency: CAD
Overall ZMI gets a technical rating of 5 out of 10. ZMI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
ZMI has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
16.05
We found 4 important support areas.
When analyzing the resistance we notice one important 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 ZMI.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZMI.CA is up. |
ChartMill Relative Strength | 38.68 | NEUTRAL | ZMI.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZMI.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZMI.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZMI.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.98 | NEUTRAL | The RSI value for ZMI.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ZMI.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 40 | NEUTRAL | The Stochastics value for ZMI.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for ZMI.CA suggests low volalility. |
Average Directional Index/ADX (14) | 20.8 | NEUTRAL | The ADX value for ZMI.CA suggests a possible start of a new trend. |
TSX:ZMI (7/17/2025, 7:00:00 PM)
17.62
+0.07 (+0.4%)