BMO MSCI USA HIGH QUAL INDX (ZUQ.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ZUQ - CA05580L1004 - ETF
Taking everything into account, ZUQ 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, ZUQ is only an average performer.
Although the technical rating is only medium, ZUQ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 98.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 98.19, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
80.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 94.29 to 98.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @87.64 from a horizontal line in the daily time frame.
- Support @80.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 98.50 to 99.33. 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 | 46.77 | NEUTRAL | ZUQ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZUQ.CA is above a declining 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) | 53.34 | NEUTRAL | The RSI value for ZUQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ZUQ.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.08 | NEUTRAL | The Stochastics value for ZUQ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for ZUQ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 9.48 | NEGATIVE | The low ADX value for ZUQ.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 |
|---|---|---|---|
| 99.34 | 96.65 | 2.69 (2.71%) | 25.00% |
| An entry @99.34. This is a Buy Stop order right above the resistance zone. | An exit @96.65. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.69 points, which is 2.71%. | For a 0.68% 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.
TSX:ZUQ (12/24/2025, 7:00:00 PM)
98.25
+0.24 (+0.24%)
BMO MSCI USA HIGH QUAL INDX / ZUQ.CA FAQ
Can you provide the ChartMill technical rating for BMO MSCI USA HIGH QUAL INDX?
ChartMill assigns a technical rating of 6 / 10 to ZUQ.CA.
Can you provide the trend direction for BMO MSCI USA HIGH QUAL INDX?
The current trend direction for BMO MSCI USA HIGH QUAL INDX (ZUQ.CA) is Bullish.
What is the RSI signal for BMO MSCI USA HIGH QUAL INDX (ZUQ.CA) stock?
BMO MSCI USA HIGH QUAL INDX (ZUQ.CA) has an RSI value of 53.3368. This indicates that the stock is currently neutral.
What is the buy/sell signal for BMO MSCI USA HIGH QUAL INDX (ZUQ.CA) stock?
The buy/sell signal for BMO MSCI USA HIGH QUAL INDX (ZUQ.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for BMO MSCI USA HIGH QUAL INDX (ZUQ.CA) stock?
BMO MSCI USA HIGH QUAL INDX (ZUQ.CA) has a support level at 98.19 and a resistance level at 98.5. Check the full technical report for our detailed analysis of ZUQ.CA support and resistance levels.