TSX:ZWH - Toronto Stock Exchange - CA05579F1062 - ETF - Currency: CAD
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.
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.
21.26
We found 3 important support areas.
We can see 3 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for ZWH.CA is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZWH.CA is up. |
ChartMill Relative Strength | 25.16 | NEGATIVE | ZWH.CA has a low relative strength, it was outperformed by 74.84% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZWH.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZWH.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZWH.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.95 | NEUTRAL | The RSI value for ZWH.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZWH.CA has a positive trend. |
Stochastics (14,3) | 72.38 | NEUTRAL | The Stochastics value for ZWH.CA is a neutral value. |
Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for ZWH.CA suggests low volalility. |
Average Directional Index/ADX (14) | 9.69 | NEGATIVE | The low ADX value for ZWH.CA suggests a weak or negative trend. |
TSX:ZWH (6/20/2025, 7:00:00 PM)
23.09
+0.08 (+0.35%)