ZIONS BANCORP NA (ZION)
US9897011071 - Common Stock
Overall ZION gets a technical rating of 8 out of 10. In the last year, ZION was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, ZION did better than 86% of all other stocks.
ZION is one of the better performing stocks in the Banks industry, it outperforms 92% of 411 stocks in the same industry.
ZION is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZION is performing more or less in line with the market.
ZION has an average volume of 3017400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ZION has a been trading in the 39.05 - 43.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ZION also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 42.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.57, 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
33.23
46.14
When analyzing the support we can see 6 important areas.
- A support zone ranging from 40.56 to 40.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.57 to 39.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 38.76 to 38.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.07 from a horizontal line in the daily time frame.
- Support @37.05 from a trend line in the weekly time frame.
- Support @33.57 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 42.65 to 44.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @45.68 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.31
Mansfield0.69
10 Day High42.27
10 Day Low39.05
20 Day High43.63
20 Day Low39.05
52 Week High46.15
52 Week Low18.26
Performance
1 Week7.14%
2 Weeks2.63%
1 Month2.38%
3 Month-4.2%
6 Month43.19%
12 Month51.36%
2 Year-25.38%
3 Year-24.43%
5 Year-14.51%
10 Year45.82%
15 Year285.82%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)56.43
LBB38.52
UBB43.66
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 |
|---|---|---|---|
| 42.28 | 40.55 | 1.73 (4.09%) | 24.44% |
| An entry @42.28. This is a Buy Stop order right above the 10 day high. | An exit @40.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.73 points, which is 4.09%. | When investing 24.44% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ZION. Please evaluate whether better entry and exit points can be found.
- 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.
ZIONS BANCORP NA
NASDAQ:ZION (4/25/2024, 8:41:10 AM)
41.54
-0.63 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.49%
1 Week7.14%
2 Weeks2.63%
1 Month2.38%
3 Month-4.2%
6 Month43.19%
12 Month51.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.33
ATR(20)%3.13%
ATR Inc
Range Today0.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High42.27
10 Day Low39.05
20 Day High43.63
20 Day Low39.05
52 Week High46.15
52 Week Low18.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume59.82K
Volume Incr48.47%
Vol(5)2.78M
Vol(50)3.02M