BMO EQUAL WEIGHT UTIL IDX ET (ZUT.CA) Stock Technical Analysis
TSX:ZUT - CA05590D1069 - ETF
24.05 CAD
-0.28 (-1.15%)
Taking everything into account, ZUT scores 4 out of 10 in our technical rating. In the last year, ZUT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ZUT 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 ZUT is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, ZUT turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
In the last month ZUT has a been trading in a tight range between 24.06 and 24.81.
Considerably lower volume is observed in the last couple of days.
ZUT has an average technical rating and it also does not offer a high quality setup 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
20.80
25.28
We found 3 important support areas.
- Support @23.84 from a horizontal line in the daily time frame.
- A support zone ranging from 22.88 to 22.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.01 to 21.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.20 to 24.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.88 to 25.03. 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 ZUT.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZUT.CA is down. |
| ChartMill Relative Strength | 49.95 | NEUTRAL | ZUT.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZUT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ZUT.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZUT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.4 | NEUTRAL | The RSI value for ZUT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ZUT.CA has a negative trend. |
| Stochastics (14,3) | 19.83 | OVERSOLD | The low Stochastics value suggests ZUT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for ZUT.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.53 | NEGATIVE | The low ADX value for ZUT.CA suggests a weak or negative 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:ZUT (9/3/2025, 7:00:00 PM)
24.05
-0.28 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.15%
1 Week-1.43%
2 Weeks-1.99%
1 Month-1.63%
3 Month1.9%
6 Month8.63%
12 Month14.88%
2 Year25.89%
3 Year2.73%
5 Year14.33%
10 Year77.07%
15 Year62.44%
Volatility
ATR(14)0.18
ATR(20)%0.77%
ATR Inc30.16%
Range Today0.21
ADR(20)0.18
ADR(20)%0.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.95
Mansfield-0.34
10 Day High24.81
10 Day Low24.06
20 Day High24.81
20 Day Low24.06
52 Week High25.26
52 Week Low20.4
CS1 End23.84
CR1 Start24.2
Volume & EV
DER(3)-1.67%
DER(5)-2.22%
Volume17.55K
Volume Incr-62.3%
Vol(5)39.38K
Vol(50)103.04K