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BMO HGH DVD CVRD CALL-CAD IN (ZWH.CA) Stock Technical Analysis

TSX:ZWH - Toronto Stock Exchange - CA05579F1062 - ETF - Currency: CAD

23.09  +0.08 (+0.35%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to ZWH. In the past year, ZWH 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.

When comparing the yearly performance of all stocks, ZWH is a bad performer in the overall market: 75% of all stocks are doing better.
Warning: ZWH has an average volume of 21071 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ZWH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZWH is lagging the market slightly.
In the last month ZWH has a been trading in a tight range between 22.32 and 23.25.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BMO HGH DVD CVRD CALL-CAD IN / ZWH Weekly stock chart
BMO HGH DVD CVRD CALL-CAD IN / ZWH Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, ZWH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 23.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

21.26

25.83

We found 3 important support areas.

  • A support zone ranging from 22.63 to 23.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.82 to 22.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @21.47 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • Resistance @23.37 from a horizontal line in the daily time frame.
  • Resistance @24.43 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 25.25 to 25.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ZWH.CA is down.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ZWH.CA is up.
ChartMill Relative Strength25.16NEGATIVEZWH.CA has a low relative strength, it was outperformed by 74.84% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ZWH.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ZWH.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ZWH.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)54.95NEUTRALThe RSI value for ZWH.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests ZWH.CA has a positive trend.
Stochastics (14,3)72.38NEUTRALThe Stochastics value for ZWH.CA is a neutral value.
Average True Range in percent/ATR (20)0.95LOW VOLATILITYThe low ATR as a percentage value for ZWH.CA suggests low volalility.
Average Directional Index/ADX (14)9.69NEGATIVEThe low ADX value for ZWH.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
BMO HGH DVD CVRD CALL-CAD IN / ZWH Daily stock chart

BMO HGH DVD CVRD CALL-CAD IN

TSX:ZWH (6/20/2025, 7:00:00 PM)

23.09

+0.08 (+0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.35%
1 Week0.74%
2 Weeks0.43%
1 Month2.26%
3 Month-5.68%
6 Month-6.74%
12 Month-2.08%
2 Year7.35%
3 Year13.3%
5 Year27.85%
10 Year30.08%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.95%
ATR Inc-16.25%
Range Today0.13
ADR(20)0.2
ADR(20)%0.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.16
Mansfield-0.74
10 Day High23.25
10 Day Low22.9
20 Day High23.25
20 Day Low22.32
52 Week High25.58
52 Week Low21.05
CS1 End23.08
CR1 Start23.37
Volume & EV
DER(3)-9.33%
DER(5)-5.36%
Volume133.58K
Volume Incr167.72%
Vol(5)48.90K
Vol(50)21.07K