BMO CVRD CAL UTILT ETF-CA IN (ZWU.CA) Stock Technical Analysis
TSX:ZWU - Toronto Stock Exchange - CA05590N1042 - ETF - Currency: CAD
Overall ZWU gets a technical rating of 5 out of 10. Although ZWU is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ZWU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.01, a Stop Loss order could be placed below this zone.
More info and screens
10.30
2 important support areas can be observed.
- A support zone ranging from 10.77 to 11.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.40 to 10.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.07 to 11.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.38 to 11.39. 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 ZWU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZWU.CA is up. |
| ChartMill Relative Strength | 39.38 | NEUTRAL | ZWU.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZWU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZWU.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ZWU.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.34 | NEUTRAL | The RSI value for ZWU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZWU.CA has a positive trend. |
| Stochastics (14,3) | 85.3 | OVERBOUGHT | The high Stochastics value suggests ZWU.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for ZWU.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 9.04 | NEGATIVE | The low ADX value for ZWU.CA suggests a weak or negative trend. |
TSX:ZWU (7/11/2025, 7:00:00 PM)
11.06
0 (0%)