BMO S&P 500 INDEX ETF-USD (ZSP-U.CA) Stock Technical Analysis
TSX:ZSP-U - Toronto Stock Exchange - CA05575T1185 - ETF - Currency: USD
Overall ZSP-U gets a technical rating of 8 out of 10. Although ZSP-U is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ZSP-U has an average volume of 15212 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ZSP-U is currently making a new 52 week high. This is a strong signal. 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, ZSP-U turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
In the last month ZSP-U has a been trading in a tight range between 64.90 and 68.05.
Considerably lower volume is observed in the last couple of days.
Although ZSP-U has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
53.73
68.74
We found 3 important support areas.
- A support zone ranging from 64.10 to 67.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @57.27 from a trend line in the weekly time frame.
- Support @54.27 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 68.06 to 68.06. 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 ZSP-U.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZSP-U.CA is up. |
| ChartMill Relative Strength | 67.82 | NEUTRAL | ZSP-U.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZSP-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZSP-U.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZSP-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.11 | OVERBOUGHT | The high RSI value suggests ZSP-U.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests ZSP-U.CA has a positive trend. |
| Stochastics (14,3) | 98.58 | OVERBOUGHT | The high Stochastics value suggests ZSP-U.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for ZSP-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.8 | NEUTRAL | The ADX value for ZSP-U.CA suggests a possible start of a new 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:ZSP-U (7/2/2025, 7:00:00 PM)
68.05
+0.19 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.28%
1 Week1.98%
2 Weeks3.8%
1 Month4.16%
3 Month22.68%
6 Month4.84%
12 Month11.82%
2 Year35.4%
3 Year49.66%
5 Year87.28%
10 Year188.91%
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%0.74%
ATR Inc-31.64%
Range Today0.32
ADR(20)0.4
ADR(20)%0.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.82
Mansfield0
10 Day High68.05
10 Day Low65
20 Day High68.05
20 Day Low64.9
52 Week High68.05
52 Week Low52.87
CS1 End67.23
CR1 Start67.48
Volume & EV
DER(3)2.46%
DER(5)0.38%
Volume9.66K
Volume Incr-41.82%
Vol(5)8.36K
Vol(50)15.21K