BMO SHORT-TERM BOND INDEX ET (ZSB.CA) Stock Technical Analysis
TSX:ZSB - Toronto Stock Exchange - CA09660M1032 - ETF - Currency: CAD
We assign a technical rating of 6 out of 10 to ZSB. Although ZSB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ZSB has an average volume of 1146 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!
ZSB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZSB is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, ZSB turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
In the last month ZSB has a been trading in a tight range between 48.83 and 49.06.
ZSB has an average technical rating and it also 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
45.12
49.78
4 important support areas can be observed.
- A support zone ranging from 48.22 to 48.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.24 to 47.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.39 from a horizontal line in the weekly time frame.
- A support zone ranging from 45.58 to 45.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.22 to 49.29. 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 ZSB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZSB.CA is up. |
| ChartMill Relative Strength | 43.24 | NEUTRAL | ZSB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZSB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZSB.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZSB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.91 | NEUTRAL | The RSI value for ZSB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ZSB.CA has a positive trend. |
| Stochastics (14,3) | 86.96 | OVERBOUGHT | The high Stochastics value suggests ZSB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.1 | LOW VOLATILITY | The low ATR as a percentage value for ZSB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.55 | NEGATIVE | The low ADX value for ZSB.CA suggests a weak or negative 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:ZSB (6/2/2025, 7:00:00 PM)
49.05
+0.03 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week0.43%
2 Weeks0.06%
1 Month0.16%
3 Month-0.06%
6 Month0.29%
12 Month4.07%
2 Year6.75%
3 Year5.14%
5 Year-4.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.1%
ATR Inc-71.23%
Range Today0
ADR(20)0.02
ADR(20)%0.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.24
Mansfield-0.24
10 Day High49.06
10 Day Low48.83
20 Day High49.06
20 Day Low48.83
52 Week High49.28
52 Week Low47.24
CS1 End48.96
CR1 Start49.22
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr15.95%
Vol(5)982.4
Vol(50)1.15K