BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) Stock Technical Analysis
Canada - TSX:ZQQ - CA05571N1078 - ETF
We assign a technical rating of 8 out of 10 to ZQQ. 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.
Although ZQQ has an excellent technical rating, it does not present a decent entry opportunity 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.
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118.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 166.61 to 172.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @156.99 from a horizontal line in the weekly time frame.
- Support @119.58 from a horizontal line in the weekly time frame.
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 | 66.31 | 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) | 68.65 | NEUTRAL | The RSI value for ZQQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests ZQQ.CA has a positive trend. |
| Stochastics (14,3) | 94.19 | OVERBOUGHT | The high Stochastics value suggests ZQQ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for ZQQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for ZQQ.CA suggests a weak or negative trend. |
TSX:ZQQ (10/27/2025, 7:00:00 PM)
177.58
+3.22 (+1.85%)
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 8 / 10 to ZQQ.CA.
What is the current trend direction of BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) 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 68.6511. This indicates that the stock is currently neutral.
What is the MACD signal for ZQQ stock?
The MACD indicator for BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) has a value of 0.333475, indicating a bearish trend.
What is the short term momentum for ZQQ stock?
The short term momentum for BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) is positive.