ZIONS BANCORP NA (ZION) Technical Analysis
NASDAQ:ZION • US9897011071
Current stock price
ZION Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to ZION. Both in the recent history as in the last year, ZION has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ZION is one of the better performing stocks in the market, outperforming 75% of all stocks.
- ZION is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZION is lagging the market slightly.
- In the last month ZION has a been trading in the 52.70 - 62.47 range, which is quite wide. It is currently trading near the high of this range.
- ZION has an average volume of 1842470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ZION is part of the Banks industry. There are 377 other stocks in this industry, ZION did better than 62% of them.
ZION Weekly and Daily overview Charts
ZION Setup Rating and Analysis
Although ZION has an excellent technical rating, the quality of the presented setup is not ideal 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
ZION Support and Resistance Analysis
40.34
4 important support areas can be observed.
- A support zone ranging from 57.98 to 58.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.29 to 54.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 53.09 to 53.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.75 from a horizontal line in the weekly time frame.
ZION Technical Indicator Signal Analysis
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 | 75.01 | POSITIVE | ZION has a high relative strength, it outperformed 75.01% 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) | 66.48 | NEUTRAL | The RSI value for ZION is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests ZION has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.11 | OVERBOUGHT | The high Stochastics value suggests ZION may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for ZION suggests some volalility. |
| Average Directional Index/ADX (14) | 21.23 | NEUTRAL | The ADX value for ZION suggests a possible start of a new trend. |
ZION Chart- and CandleStick Pattern Analysis
ZION Example Setup
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 |
|---|---|---|---|
| 62.48 | 56.76 | 5.71 (9.15%) | 10.93% |
| An entry @62.48. This is a Buy Stop order right above the 10 day high. | An exit @56.76. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.71 points, which is 9.15%. | For a 1.00% total portfolio risk, you can invest 10.93% 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.
ZION Technicals: Chart, Performance Metrics, Trend & Indicators
61.54
-0.31 (-0.5%)
ZIONS BANCORP NA / ZION TA FAQ
What is the ChartMill technical rating of ZIONS BANCORP NA (ZION) stock?
ChartMill assigns a technical rating of 9 / 10 to ZION.
What is the trend direction for ZION stock?
The current trend direction for ZIONS BANCORP NA (ZION) is Bullish.
What is the RSI signal for ZION stock?
ZIONS BANCORP NA (ZION) has an RSI value of 66.4838. 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.
Can you provide the support and resistance levels for ZIONS BANCORP NA?
ZIONS BANCORP NA (ZION) has a support level at 58.85. Check the full technical report for our detailed analysis of ZION support and resistance levels.