59.29 USD
-0.04 (-0.07%)
59.29 USD
0 (0%)
Overall ZION gets a technical rating of 8 out of 10. 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.
ZION is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ZION has an average volume of 1993510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ZION outperforms 62% of them, which is more or less in line with the market.
ZION is an average performer in the Banks industry, it outperforms 42% of 385 stocks in the same industry.
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
40.34
60.01
When analyzing the support we can see 9 important areas.
- Support @59.15 from a horizontal line in the daily time frame.
- A support zone ranging from 56.92 to 57.79. 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 53.36. 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 50.82 to 51.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.71 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 59.30 to 59.42. 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 | 62.67 | 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) | 73.74 | OVERBOUGHT | The high RSI value suggests ZION may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests ZION has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.24 | 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) | 28.36 | 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)
59.29
-0.04 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.07%
1 Week0.76%
2 Weeks8.15%
1 Month20.17%
3 Month1.01%
6 Month22.05%
12 Month10.47%
2 Year35.15%
3 Year20.61%
5 Year36.49%
10 Year117.18%
15 Year144.7%
Volatility
ATR(14)1.31
ATR(20)%2.26%
ATR Inc-4.29%
Range Today1.26
ADR(20)1.32
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.67
3 months CRS63.72
6 months CRS81.28
Mansfield0.35
10 Day High60
10 Day Low54.61
20 Day High60
20 Day Low49.63
52 Week High60
52 Week Low39.32
CS1 End59.15
CR1 Start59.3
Volume & EV
DER(3)-1.26%
DER(5)-0.44%
Volume2.25M
Volume Incr3.11%
Vol(5)1.52M
Vol(50)1.99M
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 73.7438. 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.