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BMO COVERED CALL CANADIAN-CI (ZWB.CA) Stock Technical Analysis

TSX:ZWB - Toronto Stock Exchange - CA05560U1049 - ETF - Currency: CAD

19.69  -0.03 (-0.15%)

Technical Rating and Analysis

1

Taking everything into account, ZWB scores 1 out of 10 in our technical rating. ZWB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

ZWB 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 ZWB is lagging the market slightly.
In the last month ZWB has a been trading in the 18.99 - 20.32 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, ZWB outperforms 52% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BMO COVERED CALL CANADIAN-CI / ZWB Weekly stock chart
BMO COVERED CALL CANADIAN-CI / ZWB Daily stock chart
Setup Rating and Analysis

3

The technical rating of ZWB is bad and it also does not present a 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.

Support and Resistance Analysis

16.95

20.48

4 important support areas can be observed.

  • Support @19.60 from a trend line in the daily time frame.
  • Support @19.21 from a horizontal line in the daily time frame.
  • Support @18.86 from a trend line in the weekly time frame.
  • A support zone ranging from 17.12 to 17.38. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 19.80 to 20.28. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS52.82
Mansfield-0.31
10 Day High20.32
10 Day Low18.99
20 Day High20.32
20 Day Low18.99
52 Week High20.32
52 Week Low17.06
Performance
1 Week-2.19%
2 Weeks-2.36%
1 Month-0.71%
3 Month-0.25%
6 Month10.8%
12 Month13.29%
2 Year3.09%
3 Year-12.18%
5 Year10.06%
10 Year18.26%
15 YearN/A
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)-0.06
RSI(14)39.22
LBB19.48
UBB20.51
BMO COVERED CALL CANADIAN-CI / ZWB Daily stock chart

BMO COVERED CALL CANADIAN-CI

TSX:ZWB (2/7/2025, 7:00:00 PM)

19.69

-0.03 (-0.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.15%
1 Week-2.19%
2 Weeks-2.36%
1 Month-0.71%
3 Month-0.25%
6 Month10.8%
12 Month13.29%
2 Year3.09%
3 Year-12.18%
5 Year10.06%
10 Year18.26%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.92%
ATR Inc-27.98%
Range Today0.14
ADR(20)0.15
ADR(20)%0.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.82
Mansfield-0.31
10 Day High20.32
10 Day Low18.99
20 Day High20.32
20 Day Low18.99
52 Week High20.32
52 Week Low17.06
CS1 End19.6
CR1 Start19.8
Volume & EV
DER(3)-6%
DER(5)-7.18%
Volume92.21K
Volume Incr60.25%
Vol(5)241.48K
Vol(50)143.71K