BMO EUROPE HIGH DIVIDEND COV (ZWE.CA) Stock Technical Analysis
TSX:ZWE - Toronto Stock Exchange - CA05580X1042 - ETF - Currency: CAD
Overall ZWE gets a technical rating of 0 out of 10. ZWE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
78% of all other stocks performed better in the past year than ZWE.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ZWE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZWE is lagging the market.
In the last month ZWE has a been trading in a tight range between 19.55 and 20.55.
The technical rating of ZWE 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.
More info and screens
18.53
22.01
We found 2 important support areas.
- Support @19.11 from a horizontal line in the weekly time frame.
- A support zone ranging from 18.72 to 18.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.14 to 20.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.48 to 21.79. 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 | NEUTRAL | NEUTRAL | The long term trend for ZWE.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZWE.CA is down. |
| ChartMill Relative Strength | 22.13 | NEGATIVE | ZWE.CA has a low relative strength, it was outperformed by 77.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZWE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZWE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZWE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.52 | NEUTRAL | The RSI value for ZWE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ZWE.CA has a negative trend. |
| Stochastics (14,3) | 23.33 | NEUTRAL | The Stochastics value for ZWE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for ZWE.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.54 | NEGATIVE | The low ADX value for ZWE.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:ZWE (8/6/2025, 7:00:00 PM)
19.85
+0.03 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.15%
1 Week-3.41%
2 Weeks-1.37%
1 Month-1.05%
3 Month-1.88%
6 Month-5.39%
12 Month-1.05%
2 Year1.64%
3 Year13.03%
5 Year14.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.98%
ATR Inc-7.96%
Range Today0.1
ADR(20)0.16
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.13
Mansfield-1.03
10 Day High20.55
10 Day Low19.55
20 Day High20.55
20 Day Low19.55
52 Week High21.82
52 Week Low18.09
CS1 End19.11
CR1 Start20.14
Volume & EV
DER(3)6.21%
DER(5)2.95%
Volume55.27K
Volume Incr50.14%
Vol(5)50.42K
Vol(50)38.09K