Technical analysis from BMO Junior Gas Index ETF (ZJN.TO) on the Toronto Stock Exchange (TSX). Download the latest price data & trading signals

BMO Junior Gas Index ETF
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Daily trading performance for ZJN has continued a short term uptrend
Close Tod Vs Close Yest /
Daily trading performance for ZJN has continued a short term uptrend

[BULLISH]: BMO Junior Gas Index ETFbuyers are keener than sellers and are driving the price up. There has been 3 consecutive days of price rise for ZJN adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 2.6 & the greatest daily positive change this year has been 6.1. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 10.6%. This quarter, the largest upswing rally has been 5 days giving a total rally upward movement of 10.6%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.1x. Over the last month the average daily upward movement has been 1.300000%

Limit order for a short position has been identified for BMO Junior Gas Index ETF @$0
Fibonacci Extensions /
Limit order for a short position has been identified for BMO Junior Gas Index ETF @$0

BMO Junior Gas Index ETF has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for ZJN should be set @$0 & short position stoploss for BMO Junior Gas Index ETF should be set at $0

Fibonacci Fans /
BMO Junior Gas Index ETF is still above the 61.8% retracement fan level ($0) [Bullish]

BMO Junior Gas Index ETF: The current Fibonacci Fan levels are: (23.61%) $16.71: (38.2%) $13.07: (50%) $12.69: (61.8%) $12.31The current support levels are: (78.6%) $11.78: (100%) $11.1: (138.2%) $9.89: (161.8%) $9.13: (261.8%) $5.95: (423.61%) $0.81

Weighted Moving Average /
The WMA trend following signal is still current for BMO Junior Gas Index ETF [Bullish]

[BULLISH]: BMO Junior Gas Index ETF currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 1.9%.

Medium Trend /
BMO Junior Gas Index ETF has maintained the 2nd timeframe trend [Uptrend]

[BULLISH]: BMO Junior Gas Index ETF is in an uptrend in the medium term timeframe. The current rally number is 4 & the highest rally count for the LTM is 58. The highest rally for the month is 11

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Opening Price /
Strong opening from ZJN has seen an increase of 2.3 % [Uptrend]

ZJN: OPEN Current Signal -> (1) 17 May: BULLISH (2) 16 May: BEARISH (3) 15 May: BULLISH

[Bearish]: BMO Junior Gas Index ETF current trading has maintained the Stochastic Oscillator to Overbought status
Stochastic Oscillator /
[Bearish]: BMO Junior Gas Index ETF current trading has maintained the Stochastic Oscillator to Overbought status

ZJN: Stochastic Oscillator Signal -> (1) 17 May: BEARISH (2) 16 May: BEARISH (3) 15 May: BULLISH CROSSOVER

BMO Junior Gas Index ETF: Average True Range (0.222) has confirmed an uptrend is present
Average True Range /
BMO Junior Gas Index ETF: Average True Range (0.222) has confirmed an uptrend is present

[Bullish]: Average True Range has confirmed an uptrend is present. BMO Junior Gas Index ETF has a TR of 0.33, and an ATR(14) of 0.222.

Low Price /
BMO Junior Gas Index ETF: Daily low price is $17.44 [Lower Low]

[BEARISH]: BMO Junior Gas Index ETF current uptrend in the first timeframe. Currently, the Low is $17.44 (2.3 %).

Closing Price /
[Bullish]: BMO Junior Gas Index ETF has beaten previous close by 1.9 %

[BULLISH]: BMO Junior Gas Index ETF current uptrend in the first timeframe. Currently, the Close is $17.46.

Percentage Price /
PPO: The shorter moving average for ZJN is still above the longer term moving average

[BULLISH]: BMO Junior Gas Index ETF currently has positive PPO 4.049%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

BMO Junior Gas Index ETF: Open Window
Open Window /
BMO Junior Gas Index ETF: Open Window

[BULLISH]: BMO Junior Gas Index ETF has Gapped Up on previous bar.

BMO Junior Gas Index ETF is still Overbought with the Relative Strength Index @88.3
Relative Strength Index /
BMO Junior Gas Index ETF is still Overbought with the Relative Strength Index @88.3

[BEARISH]: BMO Junior Gas Index ETF is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @88.3

Range Tod Vs Range Yest /
BMO Junior Gas Index ETF: Range Performance (-77.8)

ZJN: Range today versus range yesterday Current Signal ->(1) 17 May: BEARISH (2) 16 May: NEUTRAL (3) 15 May: BULLISH

Detrended Price Oscillator /
BMO Junior Gas Index ETF: Detrended Price Oscillator(20) is 2.6805

[BULLISH]: BMO Junior Gas Index ETF currently has a confirmed uptrend. Price is currently above the displaced moving average for ZJN. Currently, the return on DPO20 is 1.9%.

White Marubozu /
ZJN Basic Candle: White Marubozu

[BULLISH]: BMO Junior Gas Index ETF has formed a White Marubozu candlestick. This means, ZJN has received strong buying confidence and upward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

BMO Junior Gas Index ETF: Rate of Change (14)
Rate of Change /
BMO Junior Gas Index ETF: Rate of Change (14)

[BULLISH]: BMO Junior Gas Index ETF currently has positive rate of change of 12.355%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

BMO Junior Gas Index ETF: Aroon oscillator (96) has confirmed a strong uptrend is present
Aroon Oscillator /
BMO Junior Gas Index ETF: Aroon oscillator (96) has confirmed a strong uptrend is present

[BULLISH]: BMO Junior Gas Index ETF has a current ARO(25) of 96. This has change 4 points from yesterday.

A short term Gap Up has formed with BMO Junior Gas Index ETF
Gap Up /
A short term Gap Up has formed with BMO Junior Gas Index ETF

[BEARISH]: A short term Gap Up has formed with BMO Junior Gas Index ETF which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 60 occurrences of this bar reversal giving a signal probability of 22.8%.

Average Directional Movement /
[Strong Trend]: Average Directional Index @44.2 has confirmed a strong trend for ZJN

[Trend]: ADX for ZJN has confirmed a strong trend is present. BMO Junior Gas Index ETF has an ATR(14) of 0.222, a DX of 68.16 & an ADX(14) of 44.2

Demarks Pivot Points /
BMO Junior Gas Index ETF has broken the first DeMark resistance point ($17.455) [Bullish]

BMO Junior Gas Index ETF has broken the first DeMark resistance point ($17.4550) [Bullish]. Look for a long limit order entry near this point. Exit price for ZJN should be set @$17.47 & Stoploss for BMO Junior Gas Index ETF should be set at $17.45

Momentum /
5-day momentum is increasing for BMO Junior Gas Index ETF

ZJN: MOM Current Signal -> (1) 17 May: BULLISH (2) 16 May: BULLISH (3) 15 May: BULLISH

Triangular Moving Average /
The TMA trend following signal is still current for BMO Junior Gas Index ETF [Bullish]

ZJN: TMA Current Signal -> (1) 17 May: BULLISH (2) 16 May: BULLISH (3) 15 May: BULLISH

BMO Junior Gas Index ETF: Closing price $17.46 is above the SWMA(5) @$17.046
Sine Weighted Moving Average /
BMO Junior Gas Index ETF: Closing price $17.46 is above the SWMA(5) @$17.046

[BULLISH]: BMO Junior Gas Index ETF currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 1.9%.

William %R Overbought signal had been maintained for BMO Junior Gas Index ETF
Williams %R /
William %R Overbought signal had been maintained for BMO Junior Gas Index ETF

[BULLISH]: BMO Junior Gas Index ETF is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Woodie Pivot Point /
Woodie pivot point for ZJN is bullish. Stoploss should be positioned @$17.435

BMO Junior Gas Index ETF has broken the first Woodie resistance point ($17.47) [Bullish]. Look for a long limit order entry near this point. Exit price for ZJN should be set @$17.475 & Stoploss for BMO Junior Gas Index ETF should be set at $17.435

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