BMO COVERED CALL ENERGY ETF (ZWEN.CA) Stock Technical Analysis
TSX:ZWEN - Toronto Stock Exchange - CA05592R1038 - ETF - Currency: CAD
Overall ZWEN gets a technical rating of 3 out of 10. In the past year, ZWEN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
76% of all other stocks performed better in the past year than ZWEN.
Warning: ZWEN has an average volume of 20502 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ZWEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZWEN is lagging the market.
In the last month ZWEN has a been trading in a tight range between 27.15 and 28.20.
ZWEN has a poor technical rating and the quality of the setup is also not perfect 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
26.13
31.13
We found 2 important support areas.
- A support zone ranging from 27.00 to 27.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 27.64 to 28.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.01 to 30.82. 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 ZWEN.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZWEN.CA is neutral. |
| ChartMill Relative Strength | 24.27 | NEGATIVE | ZWEN.CA has a low relative strength, it was outperformed by 75.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZWEN.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZWEN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZWEN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.08 | NEUTRAL | The RSI value for ZWEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ZWEN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.77 | NEUTRAL | The Stochastics value for ZWEN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for ZWEN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 10.87 | NEGATIVE | The low ADX value for ZWEN.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:ZWEN (7/30/2025, 7:00:00 PM)
27.625
-0.57 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.04%
1 Week0.42%
2 Weeks1.04%
1 Month0.6%
3 Month4.56%
6 Month-5.07%
12 Month-5.2%
2 Year-1.09%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.19%
ATR Inc81.23%
Range Today0.38
ADR(20)0.28
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.27
Mansfield-1.16
10 Day High28.2
10 Day Low27.18
20 Day High28.2
20 Day Low27.15
52 Week High30.89
52 Week Low24.17
CS1 End27.56
CR1 Start27.64
Volume & EV
DER(3)-0.47%
DER(5)-2.56%
Volume47.75K
Volume Incr39.22%
Vol(5)27.15K
Vol(50)20.50K