🇨🇦 Canada ETF Radar · TOR

ZNQ

BMO NASDAQ 100 Equity Index ETF

Equity Index · Unclassified · Unclassified

Stable uptrend
Recent price path ZNQ recent weekly close path 128 CAD 24 Jul 2026
Weekly Return -1.0% latest completed week
4-Week Return -3.6% short momentum
Trend Gap 6.7% Trend positive
Fair Gap 35.5% vs fair value
Volume 0.6x 58.5K latest
Market Dynamics 0.51 positive
Relative Strength 0.17 vs country ETF tape
Opportunity 14.7 composite radar score
Risk 5.1 -7.9% drawdown · 2.8% volatility
Price Action

Price, Trend Line, Fair Value

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

Pressure, strength, volume

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

What it shows

Above Trend Line Positive relative strength

Balanced read: watch trend, volume, and four-week follow-through for the next clue.

Trend, drawdown, and follow-through are constructive.

ZNQ sits in Equity Index, so read it as a Canada exposure first and a single ETF second.

The latest week moved -1.0%; the four-week move is -3.6%, which helps separate one-week noise from actual follow-through.

Trend is positive, volume is running at 0.6x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Price is above fair value with a positive trend setup
  • Relative strength is positive versus its ETF peer tape
Risk Signals

What needs caution

  • No major risk flag from the current radar inputs.
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 HCA · TOR Hamilton Canadian Bank Mean Reversion Index ETF 🇨🇦 Canada · Equity Index Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -2.8% 4W 0.4% Vol 1.7x -2.8% 2 ZBK · TOR BMO Equal Weight US Banks Index ETF 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.3% 4W 1.6% Vol 1.6x 0.3% 3 PXC · TOR Invesco RAFI Canadian Index ETF 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.5% 4W 4.0% Vol 0.3x 0.5% 4 CIEH · TOR CIBC MSCI EAFE Equity Index ETF (CAD-Hedged) 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.2% 4W 0.6% Vol 1.8x 1.2% 5 ZCN · TOR BMO S&P/TSX Capped Composite Index ETF 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.3% 4W 1.2% Vol 2.1x 0.3% 6 ZEB · TOR BMO Equal Weight Banks Index ETF 🇨🇦 Canada · Equity Index Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -2.3% 4W 1.9% Vol 1.2x -2.3% 7 HEB · TOR HAMILTON CHAMPIONS Canadian Bank Equal-Weight Index ETF 🇨🇦 Canada · Equity Index Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -2.5% 4W 1.7% Vol 0.7x -2.5% 8 QCN · TOR Mackenzie Canadian Equity Index ETF 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.2% 4W 1.2% Vol 1.6x 0.2% 9 DMEC · TOR Desjardins Canadian Equity Index ETF 🇨🇦 Canada · Equity Index Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.4% 4W 1.4% Vol 1.6x 0.4% 10 TLV · TOR Invesco S&P/TSX Composite Low Volatility Index ETF 🇨🇦 Canada · Equity Index Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -0.3% 4W 1.8% Vol 0.3x -0.3%
Latest Event

Historical signal events

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

13 Feb 2026 Broke below Trend Line 109 CAD · -1.8%
10 Apr 2026 Crossed above Trend Line 112 CAD · 3.8%
ZNQ

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
1 Aug 2025 102 CAD 95 CAD 74 CAD % 0.82 0.92 41.0K
8 Aug 2025 105 CAD 95 CAD 75 CAD 3.2% 0.91 1.31 27.1K
15 Aug 2025 106 CAD 96 CAD 75 CAD 1.0% 1.07 1.74 35.8K
22 Aug 2025 105 CAD 96 CAD 75 CAD -0.8% 1.18 -0.56 56.7K
29 Aug 2025 104 CAD 96 CAD 76 CAD -1.1% 1.27 -2.42 27.5K
5 Sep 2025 106 CAD 96 CAD 76 CAD 1.9% 1.31 -2.29 21.9K
12 Sep 2025 108 CAD 96 CAD 77 CAD 1.9% 1.35 -1.29 25.7K
19 Sep 2025 110 CAD 97 CAD 77 CAD 1.7% 1.46 -1.26 27.5K
26 Sep 2025 111 CAD 97 CAD 77 CAD 0.6% 1.63 -0.72 36.9K
3 Oct 2025 112 CAD 98 CAD 78 CAD 1.3% 1.73 -1.77 36.7K
10 Oct 2025 110 CAD 98 CAD 78 CAD -1.9% 1.67 -1.67 50.5K
17 Oct 2025 113 CAD 99 CAD 79 CAD 2.6% 1.62 -0.04 52.7K
24 Oct 2025 115 CAD 100 CAD 79 CAD 2.0% 1.53 1.16 31.1K
31 Oct 2025 117 CAD 101 CAD 79 CAD 2.2% 1.50 3.59 35.1K
7 Nov 2025 114 CAD 102 CAD 80 CAD -3.1% 1.56 1.58 68.0K
14 Nov 2025 114 CAD 103 CAD 80 CAD -0.3% 1.42 -0.08 84.4K
21 Nov 2025 111 CAD 104 CAD 81 CAD -2.6% 1.10 -2.14 223.4K
28 Nov 2025 115 CAD 105 CAD 81 CAD 4.2% 0.79 -2.04 77.9K
5 Dec 2025 115 CAD 106 CAD 81 CAD -0.1% 0.43 -1.84 56.8K
12 Dec 2025 112 CAD 106 CAD 82 CAD -2.3% 0.01 -4.59 49.7K
19 Dec 2025 113 CAD 107 CAD 82 CAD 0.8% -0.19 -4.31 52.7K
26 Dec 2025 114 CAD 107 CAD 83 CAD 0.3% -0.50 -4.48 16.1K
2 Jan 2026 112 CAD 108 CAD 83 CAD -1.6% -0.81 -5.44 20.2K
9 Jan 2026 116 CAD 109 CAD 83 CAD 3.6% -0.78 -4.07 63.0K
16 Jan 2026 115 CAD 109 CAD 84 CAD -0.8% -0.75 -5.82 56.8K
23 Jan 2026 113 CAD 110 CAD 84 CAD -1.3% -0.74 -7.12 60.6K
30 Jan 2026 112 CAD 110 CAD 85 CAD -0.8% -0.71 -4.11 73.2K
6 Feb 2026 111 CAD 110 CAD 85 CAD -1.5% -0.84 -6.95 99.2K
13 Feb 2026 109 CAD 111 CAD 85 CAD -1.8% -1.02 -9.98 58.4K
20 Feb 2026 110 CAD 111 CAD 86 CAD 1.6% -1.11 -10.20 55.4K
27 Feb 2026 110 CAD 111 CAD 86 CAD -0.4% -1.13 -11.63 59.4K
6 Mar 2026 108 CAD 111 CAD 86 CAD -1.7% -1.17 -9.55 54.8K
13 Mar 2026 108 CAD 111 CAD 87 CAD 0.0% -1.20 -7.85 35.0K
20 Mar 2026 106 CAD 111 CAD 87 CAD -2.2% -1.23 -6.20 37.3K
27 Mar 2026 104 CAD 111 CAD 87 CAD -1.9% -1.22 -9.61 75.4K
3 Apr 2026 108 CAD 111 CAD 88 CAD 4.2% -1.24 -8.97 55.9K
10 Apr 2026 112 CAD 112 CAD 88 CAD 3.8% -0.93 -7.09 55.6K
17 Apr 2026 118 CAD 112 CAD 89 CAD 5.0% -0.46 -4.36 57.5K
24 Apr 2026 121 CAD 112 CAD 89 CAD 2.3% 0.01 -0.87 51.0K
1 May 2026 122 CAD 113 CAD 89 CAD 0.9% 0.62 0.10 82.0K
8 May 2026 129 CAD 113 CAD 90 CAD 6.1% 1.07 5.50 74.5K
15 May 2026 129 CAD 114 CAD 90 CAD 0.3% 1.30 6.50 60.6K
22 May 2026 132 CAD 114 CAD 91 CAD 1.7% 1.47 6.19 68.7K
29 May 2026 135 CAD 115 CAD 91 CAD 2.7% 1.52 7.95 78.0K
5 Jun 2026 131 CAD 115 CAD 92 CAD -3.4% 1.33 5.27 52.8K
12 Jun 2026 134 CAD 116 CAD 92 CAD 2.5% 1.19 6.14 32.4K
19 Jun 2026 139 CAD 117 CAD 93 CAD 4.0% 1.05 10.04 26.5K
26 Jun 2026 133 CAD 118 CAD 93 CAD -4.4% 0.95 5.10 126.5K
3 Jul 2026 136 CAD 118 CAD 93 CAD 2.3% 1.10 6.65 471.3K
10 Jul 2026 136 CAD 119 CAD 94 CAD 0.3% 1.11 6.69 53.1K
17 Jul 2026 129 CAD 120 CAD 94 CAD -5.1% 0.90 1.36 107.0K
24 Jul 2026 128 CAD 120 CAD 95 CAD -1.0% 0.51 0.17 58.5K