BMO COVERED CALL CANADIAN BA (ZWB.CA) Stock Technical Analysis
TSX:ZWB • CA05560U1049
We assign a technical rating of 8 out of 10 to ZWB. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZWB is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- ZWB 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.
- In the last month ZWB has a been trading in the 24.75 - 26.68 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- When compared to the yearly performance of all other stocks, ZWB outperforms 61% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
Although ZWB has an excellent technical rating, it does not present a decent entry opportunity 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
18.60
3 important support areas can be observed.
- A support zone ranging from 25.28 to 26.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.86 to 24.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.79 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.30 to 26.59. 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 ZWB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZWB.CA is up. |
| ChartMill Relative Strength | 61.76 | NEUTRAL | ZWB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZWB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZWB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZWB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.08 | NEUTRAL | The RSI value for ZWB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ZWB.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.24 | OVERBOUGHT | The high Stochastics value suggests ZWB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for ZWB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.22 | NEGATIVE | The low ADX value for ZWB.CA suggests a weak or negative trend. |
TSX:ZWB (2/27/2026, 7:00:00 PM)
26.16
-0.43 (-1.62%)
BMO COVERED CALL CANADIAN BA / ZWB.CA FAQ
What is the technical rating for ZWB stock?
ChartMill assigns a technical rating of 8 / 10 to ZWB.CA.
What is the current trend direction of BMO COVERED CALL CANADIAN BA (ZWB.CA) stock?
The current trend direction for BMO COVERED CALL CANADIAN BA (ZWB.CA) is Bullish.
What is the RSI signal for BMO COVERED CALL CANADIAN BA (ZWB.CA) stock?
BMO COVERED CALL CANADIAN BA (ZWB.CA) has an RSI value of 57.0833. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for BMO COVERED CALL CANADIAN BA?
The buy/sell signal for BMO COVERED CALL CANADIAN BA (ZWB.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for BMO COVERED CALL CANADIAN BA (ZWB.CA) stock?
BMO COVERED CALL CANADIAN BA (ZWB.CA) has a support level at 26.09 and a resistance level at 26.3. Check the full technical report for our detailed analysis of ZWB.CA support and resistance levels.