BMO NASDAQ 100 EQUITY HEDGED (ZQQ.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:ZQQ • CA05571N1078
Overall ZQQ gets a technical rating of 6 out of 10. 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.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- 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.
- 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 48% of all stocks.
- In the last month ZQQ has a been trading in a tight range between 170.47 and 178.54.
Although the technical rating is only medium, ZQQ does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 173.95, a Stop Loss order could be placed below this zone.
More info and screens
118.38
3 important support areas can be observed.
- A support zone ranging from 172.25 to 173.95. 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 167.86. 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 174.67 to 179.61. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for ZQQ.CA is neutral. |
| ChartMill Relative Strength | 48.83 | NEUTRAL | ZQQ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZQQ.CA is below 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) | 49.56 | NEUTRAL | The RSI value for ZQQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ZQQ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.83 | NEUTRAL | The Stochastics value for ZQQ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for ZQQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.48 | NEGATIVE | The low ADX value for ZQQ.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 174.68 | 172.24 | 2.44 (1.39%) | 25.00% |
| An entry @174.68. This is a Buy Stop order right above the 10 day moving average. | An exit @172.24. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.44 points, which is 1.39%. | For a 0.35% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ZQQ. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ZQQ (1/30/2026, 7:00:00 PM)
174.56
-2.04 (-1.16%)
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 6 / 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 49.5586. 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 0.176171, 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 173.95 and a resistance level at 174.67. Check the full technical report for our detailed analysis of ZQQ.CA support and resistance levels.