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Archive
- 4/17/2025 -
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Zions Bancorp (ZION) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the Zions Bancorp (ZION). During the week, the ZION gained 2.28 points, or 5.43%, and closed at 44.28 on Thursday, April 17, 2025. It was the best weekly gain since January 17, 2025. Weekly volume was -10% below average.
ZION is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See ZION long-term trend chart]
A long-term uptrend had started on May 4, 2023 at 18.26 and reached 63.22 on November 25, 2024. ZION gained -44.96 points, or -246.22%, in 81 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (68.02) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See ZION medium-term trend chart]
A medium-term downtrend had started on November 25, 2024 at 63.22 and reached 39.32 on April 4, 2025. ZION lost 23.90 points, or 37.80%, in 18 weeks. The price is now at the 20.75% retracement level.
 Weekly Technical Indicators: [See ZION weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since December 27, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See ZION short-term trend chart]
A short-term downtrend had started on January 22, 2025 at 59.45 and reached 39.32 on April 4, 2025. ZION lost 20.13 points, or 33.86%, in 72 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 35.88 and resistance is at 49.28. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
 Daily Technical Indicators: [See ZION daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
The distance between the Bollinger Bands is 119.57% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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