BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) Technical Analysis
TSX:ZQQ • CA05571N1078
Current stock price
ZQQ.CA Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- ZQQ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ZQQ has a been trading in the 155.32 - 185.02 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.
ZQQ.CA Weekly and Daily overview Charts
ZQQ.CA Setup Rating and Analysis
Although ZQQ has an excellent technical rating, the quality of the presented setup is not ideal 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
ZQQ.CA Support and Resistance Analysis
155.43
When analyzing the support we can see 3 important areas.
- A support zone ranging from 179.40 to 180.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @160.98 from a trend line in the weekly time frame.
- A support zone ranging from 157.00 to 157.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 184.89 to 184.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
ZQQ.CA Technical Indicator Signal Analysis
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 | 64.49 | 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) | 74.02 | OVERBOUGHT | The high RSI value suggests ZQQ.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.35 | POSITIVE | The MACD value suggests ZQQ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.39 | OVERBOUGHT | The high Stochastics value suggests ZQQ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for ZQQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.62 | POSITIVE | The high ADX value value for ZQQ.CA suggests a strong trend. |
ZQQ.CA Chart- and CandleStick Pattern Analysis
ZQQ.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ZQQ (4/28/2026, 7:00:00 PM)
183.14
-1.74 (-0.94%)
BMO NASDAQ 100 EQUITY HEDGED / ZQQ.CA TA 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 trend direction for ZQQ stock?
The current trend direction for BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) is Bullish.
Can you provide the RSI signal for BMO NASDAQ 100 EQUITY HEDGED?
BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) has an RSI value of 74.0245. This indicates that the stock is currently overbought.
What is the short term momentum for BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) stock?
The short term momentum for BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) is positive.
Can you provide the support and resistance levels for BMO NASDAQ 100 EQUITY HEDGED?
BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) has a support level at 180.6 and a resistance level at 184.89. Check the full technical report for our detailed analysis of ZQQ.CA support and resistance levels.