60.23 USD
-0.59 (-0.97%)
60.5 USD
+0.27 (+0.45%)
Overall ZION gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZION is only an average performer.
The long and short term trends are both positive. This is looking good!
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 57.90 - 61.57 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
ZION has an average volume of 1424300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ZION is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
ZION is part of the Banks industry. There are 383 other stocks in this industry, ZION did better than 53% of them.
Besides having an excellent technical rating, ZION also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 59.73, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
40.34
61.58
We found 7 important support areas.
- A support zone ranging from 58.53 to 59.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.79 to 56.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.22 from a trend line in the weekly time frame.
- Support @52.18 from a trend line in the daily time frame.
- Support @46.58 from a horizontal line in the daily time frame.
- Support @43.23 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 60.24 to 60.97. 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 | 70.88 | POSITIVE | ZION has a high relative strength, it outperformed 70.88% off all stocks 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) | 62.29 | NEUTRAL | The RSI value for ZION is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ZION has a negative trend. |
| Stochastics (14,3) | 70.41 | NEUTRAL | The Stochastics value for ZION is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for ZION suggests low volalility. |
| Average Directional Index/ADX (14) | 37.4 | 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 |
|---|---|---|---|
| 60.98 | 58.52 | 2.46 (4.03%) | 24.79% |
| An entry @60.98. This is a Buy Stop order right above the resistance zone. | An exit @58.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.46 points, which is 4.03%. | When investing 24.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
60.23
-0.59 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.97%
1 Week1.65%
2 Weeks1.14%
1 Month2.36%
3 Month15.05%
6 Month7.17%
12 Month12.92%
2 Year43.75%
3 Year13.3%
5 Year36.45%
10 Year165.56%
15 Year155.43%
Volatility
ATR(14)1.13
ATR(20)%1.98%
ATR Inc33.81%
Range Today1.17
ADR(20)1.19
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.88
3 months CRS84.11
6 months CRS59.18
Mansfield0.21
10 Day High61.57
10 Day Low57.9
20 Day High61.57
20 Day Low57.9
52 Week High61.57
52 Week Low39.32
CS1 End59.73
CR1 Start60.24
Volume & EV
DER(3)-2.16%
DER(5)0.13%
Volume1.17M
Volume Incr-8.58%
Vol(5)1.31M
Vol(50)1.42M
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 trend direction for 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 62.2863. This indicates that the stock is currently neutral.
What is the short term momentum for ZIONS BANCORP NA (ZION) stock?
The short term momentum for ZIONS BANCORP NA (ZION) is positive.
What is the buy/sell signal for ZION stock?
The buy/sell signal for ZIONS BANCORP NA (ZION) is buy as both the short term and long term trends are positive.