BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) Stock Technical Analysis
Canada - TSX:ZQQ - CA05571N1078 - ETF
169.47 CAD
+1.07 (+0.64%)
Taking everything into account, ZQQ scores 8 out of 10 in our technical rating. Although ZQQ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ZQQ has an average volume of 18521 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!
A new 52 week high is currently being made by ZQQ, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ZQQ has a been trading in the 158.27 - 169.60 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, ZQQ turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
Although ZQQ 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
118.38
171.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 160.47 to 166.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 156.99 to 157.00. 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.
We found 1 important resistance area.
- A resistance zone ranging from 169.48 to 169.48. 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 | 64.54 | NEUTRAL | ZQQ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZQQ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZQQ.CA is above the rising 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) | 73.4 | OVERBOUGHT | The high RSI value suggests ZQQ.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests ZQQ.CA has a positive trend. |
| Stochastics (14,3) | 95.33 | OVERBOUGHT | The high Stochastics value suggests ZQQ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for ZQQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.65 | NEUTRAL | The ADX value for ZQQ.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:ZQQ (9/19/2025, 7:00:00 PM)
169.47
+1.07 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.64%
1 Week2.1%
2 Weeks4.1%
1 Month6.32%
3 Month13.46%
6 Month23.46%
12 Month22.26%
2 Year62.51%
3 Year110.64%
5 Year87.56%
10 Year382.11%
15 Year906.49%
Volatility
ATR(14)1.56
ATR(20)%0.93%
ATR Inc8.06%
Range Today1.14
ADR(20)1.34
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.54
Mansfield0.28
10 Day High169.6
10 Day Low163.22
20 Day High169.6
20 Day Low158.27
52 Week High169.6
52 Week Low114.97
CS1 End166.25
CR1 Start169.48
Volume & EV
DER(3)7.19%
DER(5)4.76%
Volume28.96K
Volume Incr11.88%
Vol(5)22.50K
Vol(50)18.52K