BMO PREMIUM YILD ETF-CAD INC (ZPAY.CA) Stock Technical Analysis
TSX:ZPAY - Toronto Stock Exchange - CA05600A2092 - ETF - Currency: CAD
Taking everything into account, ZPAY scores 4 out of 10 in our technical rating. In the past year, ZPAY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ZPAY is a bad performer in the overall market: 68% of all stocks are doing better.
Warning: ZPAY has an average volume of 11787 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ZPAY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZPAY is lagging the market.
In the last month ZPAY has a been trading in a tight range between 30.85 and 31.66.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ZPAY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 31.44, a Stop Loss order could be placed below this zone.
More info and screens
28.95
34.29
4 important support areas can be observed.
- A support zone ranging from 31.23 to 31.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.54 from a horizontal line in the daily time frame.
- A support zone ranging from 29.84 to 30.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 29.24 to 29.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @31.82 from a horizontal line in the daily time frame.
- A resistance zone ranging from 32.63 to 33.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 33.95 to 33.95. 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 | NEUTRAL | NEUTRAL | The long term trend for ZPAY.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZPAY.CA is up. |
| ChartMill Relative Strength | 32.79 | NEUTRAL | ZPAY.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZPAY.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZPAY.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ZPAY.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.53 | NEUTRAL | The RSI value for ZPAY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ZPAY.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.11 | OVERBOUGHT | The high Stochastics value suggests ZPAY.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for ZPAY.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 8.43 | NEGATIVE | The low ADX value for ZPAY.CA suggests a weak or negative 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:ZPAY (7/11/2025, 7:00:00 PM)
31.5
-0.06 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.19%
1 Week0.16%
2 Weeks0.77%
1 Month0.93%
3 Month4.01%
6 Month-4.72%
12 Month0.64%
2 Year5.92%
3 Year9.87%
5 Year3.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.61%
ATR Inc-35.78%
Range Today0.07
ADR(20)0.17
ADR(20)%0.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.79
Mansfield-0.9
10 Day High31.66
10 Day Low31.03
20 Day High31.66
20 Day Low30.85
52 Week High34.09
52 Week Low28.92
CS1 End31.44
CR1 Start31.82
Volume & EV
DER(3)-0.32%
DER(5)-2.71%
Volume5.24K
Volume Incr-50.62%
Vol(5)6.27K
Vol(50)11.79K