🇨🇦 Canada ETF Radar · TOR

ZCLN

BMO Clean Energy Index ETF

Sector · Unclassified · Unclassified

Risk watch
Country Radar Open Chart
Recent price path ZCLN recent weekly close path 19 CAD 24 Jul 2026
Weekly Return -3.0% latest completed week
4-Week Return -9.4% short momentum
Trend Gap -6.1% Trend negative
Fair Gap 22.8% vs fair value
Volume 0.7x 40.7K latest
Market Dynamics -0.88 negative
Relative Strength -7.68 vs country ETF tape
Opportunity -33.6 composite radar score
Risk 28.2 -22.7% drawdown · 4.3% volatility
Price Action

Price, Trend Line, Fair Value

12 months
ZCLN weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
ZCLN Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

High risk score

Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape.

Weak trend, selling pressure, or tactical exposure is elevated.

ZCLN sits in Sector, so read it as a Canada exposure first and a single ETF second.

The latest week moved -3.0%; the four-week move is -9.4%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.7x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • No high-conviction opportunity signal yet.
Risk Signals

What needs caution

  • High weekly volatility raises position risk
  • Market Dynamics is still negative
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 XEG · TOR iShares S&P/TSX Capped Energy Index ETF 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 5.3% 4W 15.1% Vol 1.3x 5.3% 2 ZWEN · TOR BMO Covered Call Energy ETF 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.7% 4W 10.3% Vol 1.6x 3.7% 3 MU · TOR Micron Technology, Inc. 🇨🇦 Canada · Sector Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week 8.9% 4W -18.2% Vol 1.0x 8.9% 4 ZXLE-F · TOR BMO SPDR Energy Select Sector Index ETFH 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.6% 4W 11.3% Vol 0.9x 4.6% 5 ZXLE · TOR BMO SPDR Energy Select Sector Index ETF 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.1% 4W 9.8% Vol 0.4x 4.1% 6 HFIN · TOR Hamilton Enhanced Canadian Financials ETF 🇨🇦 Canada · Sector Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -2.0% 4W 2.4% Vol 1.0x -2.0% 7 XDNA · TOR iShares Genomics Immunology and Healthcare Index ETF CAD 🇨🇦 Canada · Sector Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -1.1% 4W -1.8% Vol 1.9x -1.1% 8 HFN · TOR HAMILTON CHAMPIONS Canadian Financials Index ETF 🇨🇦 Canada · Sector Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -1.6% 4W 1.9% Vol 1.1x -1.6% 9 XFN · TOR iShares S&P/TSX Capped Financials Index ETF 🇨🇦 Canada · Sector Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -1.8% 4W 2.0% Vol 1.1x -1.8% 10 XUT · TOR iShares S&P/TSX Capped Utilities Index ETF 🇨🇦 Canada · Sector Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.1% 4W 2.4% Vol 1.3x 2.1%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

17 Jul 2026 Broke below Trend Line 20 CAD · -5.3%
ZCLN

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
1 Aug 2025 14 CAD 13 CAD 16 CAD % 1.82 -0.42 18.4K
8 Aug 2025 15 CAD 13 CAD 16 CAD 1.0% 1.75 -1.69 8.0K
15 Aug 2025 15 CAD 13 CAD 16 CAD 3.1% 1.65 1.17 12.3K
22 Aug 2025 16 CAD 13 CAD 16 CAD 4.2% 1.51 4.16 19.6K
29 Aug 2025 15 CAD 13 CAD 16 CAD -2.2% 1.61 1.39 24.3K
5 Sep 2025 16 CAD 14 CAD 16 CAD 2.7% 1.77 2.69 45.4K
12 Sep 2025 16 CAD 14 CAD 16 CAD 0.1% 1.82 2.29 16.8K
19 Sep 2025 16 CAD 14 CAD 16 CAD 3.0% 1.89 3.94 26.3K
26 Sep 2025 16 CAD 14 CAD 16 CAD 0.9% 1.91 5.24 29.5K
3 Oct 2025 17 CAD 14 CAD 16 CAD 5.6% 1.91 8.64 39.7K
10 Oct 2025 17 CAD 14 CAD 16 CAD -0.8% 1.96 10.09 23.2K
17 Oct 2025 18 CAD 14 CAD 16 CAD 4.4% 2.03 13.89 42.5K
24 Oct 2025 18 CAD 15 CAD 16 CAD 1.2% 1.99 14.17 27.8K
31 Oct 2025 19 CAD 15 CAD 16 CAD 3.9% 1.93 18.74 28.4K
7 Nov 2025 19 CAD 15 CAD 16 CAD 2.3% 2.02 22.41 47.5K
14 Nov 2025 18 CAD 15 CAD 16 CAD -4.3% 1.96 15.24 64.2K
21 Nov 2025 18 CAD 15 CAD 16 CAD -4.2% 1.66 10.71 29.1K
28 Nov 2025 18 CAD 16 CAD 16 CAD 3.8% 1.37 10.20 22.0K
5 Dec 2025 18 CAD 16 CAD 16 CAD -1.5% 0.91 8.56 30.9K
12 Dec 2025 18 CAD 16 CAD 16 CAD -2.4% 0.34 5.07 27.2K
19 Dec 2025 18 CAD 16 CAD 15 CAD 0.2% 0.01 4.41 22.1K
26 Dec 2025 18 CAD 16 CAD 15 CAD 0.6% -0.36 4.05 21.3K
2 Jan 2026 18 CAD 16 CAD 15 CAD 1.9% -0.52 6.22 39.5K
9 Jan 2026 19 CAD 16 CAD 15 CAD 2.5% -0.41 6.17 56.1K
16 Jan 2026 19 CAD 17 CAD 15 CAD 1.6% -0.26 6.24 44.7K
23 Jan 2026 19 CAD 17 CAD 15 CAD 1.8% -0.03 7.44 53.9K
30 Jan 2026 19 CAD 17 CAD 15 CAD -0.6% 0.07 10.52 54.8K
6 Feb 2026 20 CAD 17 CAD 15 CAD 2.3% 0.15 10.69 64.5K
13 Feb 2026 19 CAD 17 CAD 15 CAD -1.7% 0.22 6.40 90.1K
20 Feb 2026 20 CAD 18 CAD 15 CAD 3.4% 0.33 7.23 43.3K
27 Feb 2026 19 CAD 18 CAD 15 CAD -4.2% 0.40 0.93 62.9K
6 Mar 2026 18 CAD 18 CAD 15 CAD -4.5% 0.08 -0.12 60.1K
13 Mar 2026 19 CAD 18 CAD 15 CAD 6.7% -0.07 8.08 38.8K
20 Mar 2026 20 CAD 18 CAD 15 CAD 0.9% -0.28 12.92 38.5K
27 Mar 2026 19 CAD 18 CAD 15 CAD -2.7% -0.59 7.33 33.4K
3 Apr 2026 19 CAD 18 CAD 15 CAD 1.5% -0.55 4.96 22.0K
10 Apr 2026 20 CAD 18 CAD 15 CAD 4.2% -0.47 7.12 48.3K
17 Apr 2026 20 CAD 19 CAD 15 CAD 1.5% -0.26 6.36 75.0K
24 Apr 2026 21 CAD 19 CAD 15 CAD 4.7% 0.26 12.40 70.6K
1 May 2026 22 CAD 19 CAD 15 CAD 2.6% 0.77 14.75 56.9K
8 May 2026 22 CAD 19 CAD 15 CAD 1.2% 1.21 14.95 87.9K
15 May 2026 23 CAD 19 CAD 15 CAD 3.8% 1.44 19.54 59.9K
22 May 2026 24 CAD 19 CAD 16 CAD 3.0% 1.58 20.16 69.2K
29 May 2026 25 CAD 20 CAD 16 CAD 5.2% 1.74 24.47 105.9K
5 Jun 2026 23 CAD 20 CAD 16 CAD -7.9% 1.51 15.20 47.3K
12 Jun 2026 23 CAD 20 CAD 16 CAD -2.0% 1.30 10.75 15.8K
19 Jun 2026 23 CAD 20 CAD 16 CAD 3.2% 0.99 13.57 7.9K
26 Jun 2026 21 CAD 20 CAD 16 CAD -8.4% 0.46 3.71 82.0K
3 Jul 2026 22 CAD 20 CAD 16 CAD 3.4% 0.17 6.13 42.1K
10 Jul 2026 21 CAD 20 CAD 16 CAD -4.7% -0.12 0.77 87.3K
17 Jul 2026 20 CAD 21 CAD 16 CAD -5.3% -0.58 -4.55 43.4K
24 Jul 2026 19 CAD 21 CAD 16 CAD -3.0% -0.88 -7.68 40.7K