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BMO S&P 500 HDGD TO CAD ETF (ZUE.CA) Stock Technical Analysis

TSX:ZUE - Toronto Stock Exchange - CA05574C1086 - ETF - Currency: CAD

83.44  +0.27 (+0.32%)

Technical Rating and Analysis

6

Taking everything into account, ZUE scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZUE is only an average performer.

Warning: ZUE has an average volume of 16816 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ZUE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, ZUE outperforms 63% of them, which is more or less in line with the market.
In the last month ZUE has a been trading in a tight range between 79.55 and 84.32.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BMO S&P 500 HDGD TO CAD ETF / ZUE Weekly stock chart
BMO S&P 500 HDGD TO CAD ETF / ZUE Daily stock chart
Setup Rating and Analysis

8

ZUE has only a medium technical rating, but it does show a decent setup pattern. 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 84.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZUE in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

77.79

85.02

2 important support areas can be observed.

  • A support zone ranging from 80.19 to 83.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 78.58 to 78.67. This zone is formed by a combination of multiple trend lines in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 84.16 to 84.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.04
Mansfield-0.07
10 Day High84.32
10 Day Low81.55
20 Day High84.32
20 Day Low79.55
52 Week High84.32
52 Week Low68.47
Performance
1 Week0.42%
2 Weeks-0.41%
1 Month2.56%
3 Month0.74%
6 Month12.57%
12 Month19.34%
2 Year48.79%
3 Year32.91%
5 Year83.92%
10 Year147.17%
15 Year353.92%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)54.52
LBB82.38
UBB84.32
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
84.1981.542.65 (3.15%)25.00%
An entry @84.19. This is a Buy Stop order right above the resistance zone.An exit @81.54. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 2.65 points, which is 3.15%.For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
BMO S&P 500 HDGD TO CAD ETF / ZUE Daily stock chart

BMO S&P 500 HDGD TO CAD ETF

TSX:ZUE (2/5/2025, 7:00:00 PM)

83.44

+0.27 (+0.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.32%
1 Week0.42%
2 Weeks-0.41%
1 Month2.56%
3 Month0.74%
6 Month12.57%
12 Month19.34%
2 Year48.79%
3 Year32.91%
5 Year83.92%
10 Year147.17%
15 Year353.92%
Volatility
ATR(14)0.98
ATR(20)%1.18%
ATR Inc-34.04%
Range Today0.76
ADR(20)0.73
ADR(20)%0.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.04
Mansfield-0.07
10 Day High84.32
10 Day Low81.55
20 Day High84.32
20 Day Low79.55
52 Week High84.32
52 Week Low68.47
CS1 End83.34
CR1 Start84.16
Volume & EV
DER(3)3.15%
DER(5)0.89%
Volume14.72K
Volume Incr15.99%
Vol(5)22.90K
Vol(50)16.82K