BMO EQUAL WEIGHT REITS INDEX (ZRE.CA) Technical Analysis

TSX:ZRE • CA05560G1054

Current stock price

23.29 CAD
+0.14 (+0.6%)
Last:

ZRE.CA Technical Rating and Analysis

7

Overall ZRE gets a technical rating of 7 out of 10. Although ZRE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • Warning: ZRE has an average volume of 23200 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!
  • ZRE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZRE is lagging the market slightly.
  • In the last month ZRE has a been trading in the 21.86 - 23.29 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, ZRE turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
  • Considerably lower volume is observed in the last couple of days.

ZRE.CA Weekly and Daily overview Charts

BMO EQUAL WEIGHT REITS INDEX / ZRE Weekly stock chart
BMO EQUAL WEIGHT REITS INDEX / ZRE Daily stock chart

ZRE.CA Setup Rating and Analysis

3

Although ZRE 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.

ZRE.CA Support and Resistance Analysis

18.99

24.17

We found 4 important support areas.

  • A support zone ranging from 22.50 to 22.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.86 to 22.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 21.42 to 21.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.18 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 23.79 to 23.93. This zone is formed by a combination of multiple trend lines in multiple time frames.

ZRE.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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ZRE.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ZRE.CA is up.
ChartMill Relative Strength41.04NEUTRALZRE.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ZRE.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ZRE.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ZRE.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)63.8NEUTRALThe RSI value for ZRE.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.14POSITIVEThe MACD value suggests ZRE.CA has a positive trend.
Stochastics (14,3)93.34OVERBOUGHTThe high Stochastics value suggests ZRE.CA may be overbought.
Average True Range in percent/ATR (20)1.24LOW VOLATILITYThe low ATR as a percentage value for ZRE.CA suggests low volalility.
Average Directional Index/ADX (14)20.94NEUTRALThe ADX value for ZRE.CA suggests a possible start of a new trend.

ZRE.CA Chart- and CandleStick Pattern Analysis

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)

ZRE.CA Technicals: Chart, Performance Metrics, Trend & Indicators

BMO EQUAL WEIGHT REITS INDEX / ZRE Daily stock chart

BMO EQUAL WEIGHT REITS INDEX

TSX:ZRE (4/13/2026, 7:00:00 PM)

23.29

+0.14 (+0.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.6%
1 Week2.55%
2 Weeks5.58%
1 Month4.3%
3 Month-2.1%
6 Month4.72%
12 Month13.83%
2 Year18.16%
3 Year6.59%
5 Year3.95%
10 Year30.94%
15 Year34.65%
Volatility
ATR(14)0.27
ATR(20)%1.24%
ATR Inc-14.94%
Range Today0.21
ADR(20)0.25
ADR(20)%1.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.04
3 months CRS38.28
6 months CRS54.58
Mansfield-0.2
10 Day High23.29
10 Day Low21.89
20 Day High23.29
20 Day Low21.86
52 Week High23.91
52 Week Low19.98
CS1 End22.91
CR1 Start23.79
Volume & EV
DER(3)0.79%
DER(5)-0.37%
Volume8.64K
Volume Incr0.74%
Vol(5)14.76K
Vol(50)23.20K

BMO EQUAL WEIGHT REITS INDEX / ZRE.CA TA FAQ

Can you provide the ChartMill technical rating for BMO EQUAL WEIGHT REITS INDEX?

ChartMill assigns a technical rating of 7 / 10 to ZRE.CA.


What is the current trend direction of BMO EQUAL WEIGHT REITS INDEX (ZRE.CA) stock?

The current trend direction for BMO EQUAL WEIGHT REITS INDEX (ZRE.CA) is Bullish.


What is the RSI signal for ZRE stock?

BMO EQUAL WEIGHT REITS INDEX (ZRE.CA) has an RSI value of 63.7995. This indicates that the stock is currently neutral.


What is the short term momentum for BMO EQUAL WEIGHT REITS INDEX (ZRE.CA) stock?

The short term momentum for BMO EQUAL WEIGHT REITS INDEX (ZRE.CA) is positive.


Can you provide the support and resistance levels for BMO EQUAL WEIGHT REITS INDEX?

BMO EQUAL WEIGHT REITS INDEX (ZRE.CA) has a support level at 22.91 and a resistance level at 23.79. Check the full technical report for our detailed analysis of ZRE.CA support and resistance levels.