BMO NASDAQ 100 EQUITY ID ETF (ZNQ.CA) Stock Technical Analysis
TSX:ZNQ - Toronto Stock Exchange - CA05586P1053 - ETF - Currency: CAD
Taking everything into account, ZNQ scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ZNQ has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ZNQ has an average volume of 10723 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ZNQ is one of the better performing stocks in the market, outperforming 72% of all stocks.
A new 52 week high is currently being made by ZNQ, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so ZNQ is leading the market.
In the last month ZNQ has a been trading in a tight range between 99.89 and 105.73.
Considerably lower volume is observed in the last couple of days.
Although ZNQ has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
80.06
105.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 94.97 to 94.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @83.72 from a trend line in the weekly time frame.
- Support @80.87 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 104.09 to 104.49. This zone is formed by a combination of multiple trend lines 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZNQ.CA is up. |
| ChartMill Relative Strength | 72.6 | POSITIVE | ZNQ.CA has a high relative strength, it outperformed 72.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZNQ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZNQ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZNQ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.94 | OVERBOUGHT | The high RSI value suggests ZNQ.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ZNQ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.48 | OVERBOUGHT | The high Stochastics value suggests ZNQ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for ZNQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.28 | POSITIVE | The high ADX value value for ZNQ.CA suggests a strong 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 (7/31/2025, 7:00:00 PM)
104.08
-0.41 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.39%
1 Week1.55%
2 Weeks1.35%
1 Month3.86%
3 Month16.03%
6 Month3.18%
12 Month26.22%
2 Year54.86%
3 Year92.65%
5 Year117.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%0.79%
ATR Inc72.2%
Range Today1.88
ADR(20)0.7
ADR(20)%0.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.6
Mansfield0.27
10 Day High105.73
10 Day Low101.39
20 Day High105.73
20 Day Low99.89
52 Week High105.73
52 Week Low76.41
CS1 End94.97
CR1 Start104.09
Volume & EV
DER(3)-4.89%
DER(5)-3.88%
Volume5.88K
Volume Incr-27.47%
Vol(5)6.22K
Vol(50)10.72K