BMO MSCI USA HIGH QUAL INDX (ZUQ.CA) Stock Technical Analysis
TSX:ZUQ - Toronto Stock Exchange - CA05580L1004 - ETF - Currency: CAD
Taking everything into account, ZUQ scores 7 out of 10 in our technical rating. In the last year, ZUQ was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: ZUQ has an average volume of 7582 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!
ZUQ 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 ZUQ is lagging the market slightly.
When compared to the yearly performance of all other stocks, ZUQ outperforms 47% of them, which is more or less in line with the market.
In the last month ZUQ has a been trading in a tight range between 84.67 and 89.00.
Although ZUQ has an excellent technical rating, the quality of the presented setup is not ideal 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
75.57
94.07
We found 4 important support areas.
- A support zone ranging from 85.98 to 88.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @83.69 from a horizontal line in the daily time frame.
- Support @80.77 from a trend line in the weekly time frame.
- A support zone ranging from 76.33 to 77.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @91.16 from a horizontal line in the daily time frame.
- A resistance zone ranging from 92.94 to 93.14. 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 ZUQ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZUQ.CA is up. |
| ChartMill Relative Strength | 47.01 | NEUTRAL | ZUQ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZUQ.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZUQ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZUQ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.37 | NEUTRAL | The RSI value for ZUQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ZUQ.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.94 | OVERBOUGHT | The high Stochastics value suggests ZUQ.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.73 | LOW VOLATILITY | The low ATR as a percentage value for ZUQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.07 | NEUTRAL | The ADX value for ZUQ.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)
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 |
|---|---|---|---|
| 89.01 | 86.99 | 2.02 (2.27%) | 25.00% |
| An entry @89.01. This is a Buy Stop order right above the 10 day high. | An exit @86.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.02 points, which is 2.27%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.57%. |
- 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:ZUQ (7/11/2025, 7:00:00 PM)
88.335
-0.36 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.4%
1 Week0.43%
2 Weeks1.71%
1 Month2.02%
3 Month10.61%
6 Month-0.15%
12 Month6.35%
2 Year41.04%
3 Year67.48%
5 Year91.55%
10 Year256.42%
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%0.73%
ATR Inc-40.09%
Range Today0.29
ADR(20)0.53
ADR(20)%0.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.01
Mansfield-0.49
10 Day High89
10 Day Low87
20 Day High89
20 Day Low84.67
52 Week High93.97
52 Week Low74.26
CS1 End88.22
CR1 Start91.16
Volume & EV
DER(3)1.79%
DER(5)3.69%
Volume3.56K
Volume Incr-30.71%
Vol(5)6.15K
Vol(50)7.58K