|
|
Archive
- 5/29/2026 -
Sign In to see current Signals. |
Zions Bancorp (ZION) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Zions Bancorp (ZION). During the week, the ZION climbed 0.33 points, or 0.53%, and closed at 62.45 on Friday, May 29, 2026. Weekly volume was -12% 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 April 4, 2025 at 39.32 and reached 66.18 on February 6, 2026. ZION gained -26.86 points, or -68.31%, in 44 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 57.64 and resistance is at 71.61. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
 Medium-term trend: [See ZION medium-term trend chart]
A medium-term uptrend had started on March 19, 2026 at 52.70 and reached 64.79 on May 6, 2026. ZION gained -12.09 points, or -22.94%, in 6 weeks. The price is now at the 19.35% retracement level.
 Weekly Technical Indicators: [See ZION weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since April 17, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 May 6, 2026 at 64.79 and reached 58.99 on May 15, 2026. ZION lost 5.80 points, or 8.95%, in 9 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 61.92 and resistance is at 63.07. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
 Daily Technical Indicators: [See ZION daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. 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 Lane's Stochastic help.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
| |
|
|