BMO S&P 500 INDEX ETF (ZSP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ZSP - CA05575T1003 - ETF
We assign a technical rating of 6 out of 10 to ZSP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZSP is only an average performer.
Although the technical rating is only medium, ZSP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 105.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 103.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZSP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
79.43
We found 3 important support areas.
- A support zone ranging from 100.46 to 103.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @82.20 from a trend line in the weekly time frame.
- Support @80.23 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 105.06 to 105.43. 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZSP.CA is up. |
| ChartMill Relative Strength | 46.44 | NEUTRAL | ZSP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZSP.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZSP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZSP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.33 | NEUTRAL | The RSI value for ZSP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZSP.CA has a positive trend. |
| Stochastics (14,3) | 65.63 | NEUTRAL | The Stochastics value for ZSP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for ZSP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.01 | NEGATIVE | The low ADX value for ZSP.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 |
|---|---|---|---|
| 105.44 | 101.57 | 3.87 (3.67%) | 25.00% |
| An entry @105.44. This is a Buy Stop order right above the resistance zone. | An exit @101.57. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.87 points, which is 3.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%. |
- 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:ZSP (12/24/2025, 7:00:00 PM)
103.94
+0.21 (+0.2%)
BMO S&P 500 INDEX ETF / ZSP.CA FAQ
Can you provide the ChartMill technical rating for BMO S&P 500 INDEX ETF?
ChartMill assigns a technical rating of 6 / 10 to ZSP.CA.
What is the current trend direction of BMO S&P 500 INDEX ETF (ZSP.CA) stock?
The current trend direction for BMO S&P 500 INDEX ETF (ZSP.CA) is Bullish.
What is the RSI signal for BMO S&P 500 INDEX ETF (ZSP.CA) stock?
BMO S&P 500 INDEX ETF (ZSP.CA) has an RSI value of 53.3342. This indicates that the stock is currently neutral.
What is the buy/sell signal for ZSP stock?
The buy/sell signal for BMO S&P 500 INDEX ETF (ZSP.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ZSP stock?
BMO S&P 500 INDEX ETF (ZSP.CA) has a support level at 103.8 and a resistance level at 105.06. Check the full technical report for our detailed analysis of ZSP.CA support and resistance levels.