59.94 USD
+0.38 (+0.64%)
59.94 USD
0 (0%)
We assign a technical rating of 8 out of 10 to ZION. Although ZION is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
ZION is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ZION has a been trading in the 50.47 - 60.41 range, which is quite wide. It is currently trading near the high of this range.
ZION has an average volume of 2025980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ZION turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
ZION is part of the Banks industry. There are 388 other stocks in this industry, ZION did better than 47% of them.
ZION has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
40.34
60.55
When analyzing the support we can see 8 important areas.
- A support zone ranging from 56.21 to 56.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 53.22 to 53.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @52.33 from a trend line in the weekly time frame.
- A support zone ranging from 51.00 to 51.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.79 from a trend line in the daily time frame.
- A support zone ranging from 46.58 to 47.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @43.09 from a trend line in the weekly time frame.
- Support @40.75 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 59.95 to 59.95. 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 ZION is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZION is up. |
| ChartMill Relative Strength | 63.46 | NEUTRAL | ZION is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZION is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZION is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZION is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.79 | OVERBOUGHT | The high RSI value suggests ZION may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests ZION has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.85 | OVERBOUGHT | The high Stochastics value suggests ZION may be overbought. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for ZION suggests some volalility. |
| Average Directional Index/ADX (14) | 31.46 | POSITIVE | The high ADX value value for ZION suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 59.96 | 55.30 | 4.66 (7.77%) | 12.87% |
| An entry @59.96. This is a Buy Stop order right above the resistance zone. | An exit @55.30. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.66 points, which is 7.77%. | For a 1.00% total portfolio risk, you can invest 12.87% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
59.94
+0.38 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.64%
1 Week1.61%
2 Weeks8.1%
1 Month18.83%
3 Month2.11%
6 Month23.38%
12 Month11.68%
2 Year36.63%
3 Year21.93%
5 Year37.98%
10 Year119.56%
15 Year147.38%
Volatility
ATR(14)1.3
ATR(20)%2.16%
ATR Inc-23.31%
Range Today0.82
ADR(20)1.28
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.46
3 months CRS66.27
6 months CRS80.68
Mansfield0.32
10 Day High60.41
10 Day Low55.31
20 Day High60.41
20 Day Low50.47
52 Week High60.41
52 Week Low39.32
CS1 End56.92
CR1 Start59.95
Volume & EV
DER(3)0.26%
DER(5)-0.58%
Volume2.76M
Volume Incr23.5%
Vol(5)1.80M
Vol(50)2.03M
ZIONS BANCORP NA / ZION FAQ
What is the ChartMill technical rating of ZIONS BANCORP NA (ZION) stock?
ChartMill assigns a technical rating of 8 / 10 to ZION.
What is the current trend direction of ZIONS BANCORP NA (ZION) stock?
The current trend direction for ZIONS BANCORP NA (ZION) is Bullish.
Can you provide the RSI signal for ZIONS BANCORP NA?
ZIONS BANCORP NA (ZION) has an RSI value of 75.7935. This indicates that the stock is currently overbought.
What is the short term momentum for ZIONS BANCORP NA (ZION) stock?
The short term momentum for ZIONS BANCORP NA (ZION) is positive.
Can you provide the buy/sell signal for ZIONS BANCORP NA?
The buy/sell signal for ZIONS BANCORP NA (ZION) is buy as both the short term and long term trends are positive.