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$64.44 (0.89%)

Volume: 942k

Closed: Dec 07, 2021

Hollow Logo Score: -3.209

Zions Bancorporation Stock Forecast

$64.44 (0.89%)

Volume: 942k

Closed: Dec 07, 2021

Score Hollow Logo -3.209
Which way will ZION go? Request
Key Stats
P/E Ratio 5.83
Beta 1.35
Trailing Dividend Rate 2.23% ($1.43)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 44 and the stock is currently not being overbought or oversold

Green day on Tuesday for Zions Bancorporation stock after gaining 0.89%
(Updated on Dec 07, 2021)


Sell candidate since 2021-12-06 Gain 0.89%

The Zions Bancorporation stock price gained 0.89% on the last trading day (Tuesday, 7th Dec 2021), rising from $63.87 to $64.44. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.67% from a day low at $63.94 to a day high of $65.01. The price has been going up and down for this period, and there has been a -2.73% loss for the last 2 weeks. Volume fell on the last day by -807 thousand shares and in total, 942 thousand shares were bought and sold for approximately $60.70 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 13.29% during the next 3 months and, with a 90% probability hold a price between $70.43 and $77.90 at the end of this 3-month period.

Signals & Forecast

Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Zions Bancorporation stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $64.86. On a fall, the stock will find some support from the short-term average at $63.52. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, November 23, 2021, and so far it has fallen -4.69%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Monday, August 23, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Monday, August 23, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

Zions Bancorporation finds support from accumulated volume at $62.37 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.07 (1.67%) between high and low. For the last week, the stock has had a daily average volatility of 3.73%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Zions Bancorporation stock A Buy?

The Zions Bancorporation stock holds several negative signals and despite the positive trend, we believe Zions Bancorporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.209

Predicted Opening Price for Zions Bancorporation of Wednesday, December 8, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 8, 2021 Current price
$64.46 $64.44 (Undervalued)
Sell Candidate Unchanged

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Analyst Ratings

On Nov 17, 2021 "Wolfe Research" gave "$64.00 - $85.00" rating for ZION. The price target was changed from $65.97 to 0.7%.

Volatility and Risk
Daily Average Volatility: 3.73 %
Overall Risk: Very High High Medium Low Very Low
Volatility
3.73 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $64.91
Price: $64.44
Support: $62.37

ZION Insider Trading Show all Trades

INSIDER POWER

0.428

Last 100 transactions
Buy: 78 071 | Sell: 182 560 (Shares)
Date Action Amount Person Type
Nov 23, 2021 Sell 10 000 Simmons Harris H Common Stock
Nov 10, 2021 Sell 2 221 Shirey Terry Alan Stock Option (right to buy)
Nov 10, 2021 Sell 1 613 Shirey Terry Alan Stock Option (right to buy)
Nov 10, 2021 Sell 2 429 Shirey Terry Alan Stock Option (right to buy)
Nov 10, 2021 Sell 8 867 Shirey Terry Alan Common Stock
Show all Insider Trades
INSIDER POWER

0.428

Last 100 transactions
Buy: 78 071 | Sell: 182 560 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 65.53 1.70 %
65.12 1.06 %
64.87 0.67 %
Current price: 64.44
Support 64.05 -0.60 %
63.80 -0.99 %
63.39 -1.62 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 66.39 3.03 %
65.78 2.08 %
64.91 0.73 %
Current price 64.44
Support 62.37 -3.21%
62.14 -3.57%
57.09 -11.41%

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About Zions Bancorporation

Zions Ban Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

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