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BMO Covered Call Utilities ETF

ZWU.TO•TSX
Financial Services
Asset Management
$12.03
$0.00(0.00%)
Canadian Market opens in 41h 53m

BMO Covered Call Utilities ETF (ZWU.TO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for BMO Covered Call Utilities ETF (TSX:ZWU.TO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ZWU.TO Technical Analysis Summary

BMO Covered Call Utilities ETF stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 75.26)
Trend Strength:Very Strong (ADX: 53.42)
Volatility:Low (ATR: 0.10)
Support/Resistance:$11.22 – $12.25 (Bollinger Bands)

Overall, BMO Covered Call Utilities ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 75.26

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 93.33

Bearish
Overbought levels may trigger pullback.

Williams %R: -13.85

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 4.07

Bullish
Steady upward momentum.

Takeaway:BMO Covered Call Utilities ETF shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 0.21

Bullish
Bullish, trend momentum is strengthening.

ADX: 53.42

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.10

Low
Low volatility, stable price action.

CCI (14): 74.22

Bullish
Bullish, momentum building upward.

Takeaway:BMO Covered Call Utilities ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$12.25
Middle Band (SMA 20)
$11.73
Lower Band
$11.22
Current Position
Within Bands

Takeaway:BMO Covered Call Utilities ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$11.98
Middle Line (EMA 20)
$11.77
Lower Channel
$11.57
Squeeze Status
No Squeeze

Takeaway:BMO Covered Call Utilities ETF trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume3.88M
Money Flow Index67.72Bullish, inflows support continued momentum.
Relative Vigor Index69.58Bullish, price momentum strongly favors buyers.

Overall Takeaway:ZWU.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of BMO Covered Call Utilities ETF, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:BMO Covered Call Utilities ETF stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ