BMO COVERED CALL CANADIAN BA (ZWB.CA) Stock Technical Analysis
Canada - TSX:ZWB - CA05560U1049 - ETF
Overall ZWB gets a technical rating of 8 out of 10. Although ZWB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ZWB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.21, a Stop Loss order could be placed below this zone.
More info and screens
18.29
3 important support areas can be observed.
- A support zone ranging from 22.46 to 23.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.81 to 20.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.47 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.32 to 23.51. 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 | 61.2 | 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) | 60.25 | NEUTRAL | The RSI value for ZWB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZWB.CA has a negative trend. |
| Stochastics (14,3) | 67.05 | NEUTRAL | The Stochastics value for ZWB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for ZWB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 32.34 | POSITIVE | The high ADX value value for ZWB.CA suggests a strong 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 |
|---|---|---|---|
| 23.52 | 22.85 | 0.67 (2.85%) | 25.00% |
| An entry @23.52. This is a Buy Stop order right above the resistance zone. | An exit @22.85. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.67 points, which is 2.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%. |
- 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:ZWB (10/31/2025, 7:00:00 PM)
23.31
+0.14 (+0.6%)
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.
Can you provide the trend direction for BMO COVERED CALL CANADIAN BA?
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 60.2456. This indicates that the stock is currently neutral.
What is the short term momentum for ZWB stock?
The short term momentum for BMO COVERED CALL CANADIAN BA (ZWB.CA) is positive.
What is the buy/sell signal for ZWB stock?
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.