BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ZQQ - CA05571N1078 - ETF
Taking everything into account, ZQQ scores 5 out of 10 in our technical rating. In the last year, ZQQ was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, ZQQ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 177.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 175.04, a Stop Loss order could be placed below this zone.
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118.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 172.47 to 175.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 165.23 to 168.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @119.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 177.84 to 179.61. 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 ZQQ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZQQ.CA is up. |
| ChartMill Relative Strength | 57.81 | NEUTRAL | ZQQ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZQQ.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZQQ.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZQQ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.7 | NEUTRAL | The RSI value for ZQQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests ZQQ.CA has a positive trend. |
| Stochastics (14,3) | 83.23 | OVERBOUGHT | The high Stochastics value suggests ZQQ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for ZQQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.44 | NEGATIVE | The low ADX value for ZQQ.CA suggests a weak or negative trend. |
TSX:ZQQ (1/9/2026, 7:00:00 PM)
176.14
+1.77 (+1.02%)
BMO NASDAQ 100 EQUITY HEDGED / ZQQ.CA FAQ
What is the ChartMill technical rating of BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to ZQQ.CA.
What is the trend direction for ZQQ stock?
The current trend direction for BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) is Bullish.
What is the RSI signal for BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) stock?
BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) has an RSI value of 56.6999. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BMO NASDAQ 100 EQUITY HEDGED?
The MACD indicator for BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) has a value of 0.142596, indicating a bearish trend.
What are the support and resistance levels for BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) stock?
BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) has a support level at 175.04 and a resistance level at 177.84. Check the full technical report for our detailed analysis of ZQQ.CA support and resistance levels.