BMO NASDAQ 100 EQY INDEX-USD (ZNQ-U.CA) Stock Technical Analysis
TSX:ZNQ-U - Toronto Stock Exchange - CA05586P2044 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to ZNQ-U. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZNQ-U is only an average performer.
Warning: ZNQ-U has an average volume of 4188 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ZNQ-U is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ZNQ-U is leading the market.
When comparing the performance of all stocks over the past year, ZNQ-U turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
In the last month ZNQ-U has a been trading in a tight range between 45.49 and 48.07.
Besides having an excellent technical rating, ZNQ-U also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
36.75
48.73
We found 3 important support areas.
- A support zone ranging from 44.61 to 45.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @39.23 from a trend line in the weekly time frame.
- Support @37.12 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 47.49 to 48.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 ZNQ-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZNQ-U.CA is up. |
| ChartMill Relative Strength | 63.43 | NEUTRAL | ZNQ-U.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZNQ-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZNQ-U.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZNQ-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.58 | NEUTRAL | The RSI value for ZNQ-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ZNQ-U.CA has a negative trend. |
| Stochastics (14,3) | 55.64 | NEUTRAL | The Stochastics value for ZNQ-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for ZNQ-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.9 | NEUTRAL | The ADX value for ZNQ-U.CA suggests a possible start of a new 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:ZNQ-U (6/20/2025, 7:00:00 PM)
47.1
-0.24 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.51%
1 Week-1.3%
2 Weeks0.26%
1 Month1.9%
3 Month9.84%
6 Month0.47%
12 Month9.46%
2 Year44.48%
3 Year83.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%0.97%
ATR Inc-54.51%
Range Today0.19
ADR(20)0.29
ADR(20)%0.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.43
Mansfield0.26
10 Day High48.07
10 Day Low47.09
20 Day High48.07
20 Day Low45.49
52 Week High48.31
52 Week Low36.81
CS1 End45.67
CR1 Start47.49
Volume & EV
DER(3)0%
DER(5)0.22%
Volume710
Volume Incr31.62%
Vol(5)2.98K
Vol(50)4.19K