ZIONS BANCORP NA (ZION) Stock Technical Analysis
NASDAQ:ZION - Nasdaq - US9897011071 - Common Stock - Currency: USD
Taking everything into account, ZION scores 7 out of 10 in our technical rating. ZION has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
ZION is part of the Banks industry. There are 394 other stocks in this industry. ZION outperforms 71% of them.
In the last month ZION has a been trading in the 47.16 - 56.96 range, which is quite wide. It is currently trading near the high of this range.
ZION has an average volume of 1343190 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 75% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ZION is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZION is lagging the market.
Although ZION has an excellent technical rating, it does not offer a high quality setup 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
55.09
When analyzing the support we can see 5 important areas.
- A support zone ranging from 49.40 to 49.74. 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 46.58 to 47.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @43.78 from a trend line in the weekly time frame.
- Support @42.08 from a trend line in the weekly time frame.
- Support @40.75 from a horizontal line in the weekly time frame.
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 | 75.68 | POSITIVE | ZION has a high relative strength, it outperformed 75.68% 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) | 61.08 | NEUTRAL | The RSI value for ZION is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests ZION has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.18 | OVERBOUGHT | The high Stochastics value suggests ZION may be overbought. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for ZION suggests some volalility. |
| Average Directional Index/ADX (14) | 36.81 | 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)
54.54
-2.38 (-4.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-4.18%
1 Week-1.82%
2 Weeks5.01%
1 Month14.99%
3 Month23.17%
6 Month-6.03%
12 Month11.35%
2 Year42.59%
3 Year-0.02%
5 Year67.97%
10 Year74.86%
15 Year145.79%
Volatility
ATR(14)1.27
ATR(20)%2.26%
ATR Inc43.74%
Range Today2.4
ADR(20)1.19
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.68
Mansfield-0.08
10 Day High56.96
10 Day Low51.36
20 Day High56.96
20 Day Low47.17
52 Week High63.22
52 Week Low39.32
CS1 End49.74
CR1 StartN/A
Volume & EV
DER(3)1.69%
DER(5)1.37%
Volume1.32M
Volume Incr19.66%
Vol(5)1.53M
Vol(50)1.34M