BMO S&P 500 INDEX ETF (ZSP.CA) Stock Technical Analysis
TSX:ZSP - Toronto Stock Exchange - CA05575T1003 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to ZSP. Although ZSP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
ZSP 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 ZSP is lagging the market slightly.
In the last month ZSP has a been trading in the 89.10 - 94.81 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, ZSP outperforms 65% of them, which is more or less in line with the market.
Although ZSP 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
79.43
97.10
We found 4 important support areas.
- A support zone ranging from 90.54 to 93.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 87.19 to 87.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @82.23 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 96.04 to 96.14. 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 | 65.64 | NEUTRAL | ZSP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZSP.CA is above the rising 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) | 74.42 | OVERBOUGHT | The high RSI value suggests ZSP.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ZSP.CA has a positive trend. |
| Stochastics (14,3) | 85.97 | OVERBOUGHT | The high Stochastics value suggests ZSP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for ZSP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.32 | POSITIVE | The high ADX value value for ZSP.CA suggests a strong 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 (7/17/2025, 7:00:00 PM)
94.7
+0.91 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.97%
1 Week0.93%
2 Weeks1.63%
1 Month5.48%
3 Month18.43%
6 Month-0.16%
12 Month14.59%
2 Year43.07%
3 Year63.33%
5 Year95.35%
10 Year210.16%
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%0.72%
ATR Inc108.63%
Range Today0.49
ADR(20)0.61
ADR(20)%0.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.64
Mansfield-0.15
10 Day High94.81
10 Day Low92.79
20 Day High94.81
20 Day Low89.1
52 Week High96.98
52 Week Low75.37
CS1 End93.67
CR1 Start96.04
Volume & EV
DER(3)-2.82%
DER(5)-2.46%
Volume121.56K
Volume Incr-28.22%
Vol(5)139.24K
Vol(50)183.18K