Today ZBK ranks # as BUY CANDIDATE.
Today ZBK ranks # as BUY CANDIDATE.

ZBK stock Zions Bancorporation Pfd.

ZBK stock
Zions Bancorporation Pfd.

April 24, 2019
Change 0.09%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Hold

MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will ZBK stock price go up or down on Fri, 26 Apr 2019?

Zions Bancorporation Pfd. Forecast and Stock Analysis

Technical ZBK stock analysis for April 24, 2019.

Buy candidate since 2019-04-24
Shorts n/a
Cash n/a
Loans n/a
Beta 0.22
ROA 1.26

Zions Bancorporation Pfd. gained 0.09% in the last trading day, rising from $29.02 to $29.05 The price has risen in 6 of the last 10 days . Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 13 467 more shares were traded than the day before. In total, 16 713 shares bought and sold for approximately $485 513.00.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the ZBK stock was $29.05. This is 0.09% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 0.35% from a day low at $28.97 to a day high of $29.07.

30 day high of the ZBK stock price was $30.47 and low was $28.96.
90 day high was $31.91 and low was $28.00.
52 week high for the Zions Bancorporation Pfd. - $31.91 and low - $27.38.

Trend

Given the current horizontal trend you can expect Zions Bancorporation Pfd. with 90% probability to be traded between $28.83 and $30.57 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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Signals

A buy signal was issued from a pivot bottom point on Friday April 12, 2019, which indicates further gains until a new top pivot has been found. Zions Bancorporation Pfd. has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. Zions Bancorporation Pfd. holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $29.21. On a fall, the stock will find some support from the short-term average at $29.05. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

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Relative Strength Index (RSI)

RSI14 is 37 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Zions Bancorporation Pfd. finds support from accumulated volume at $29.04.

Support: $29.04 Price: $29.05 Resistance: $29.07

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.10 (0.35%) between high and low. For the last week, the stock has had a daily average volatility of 0.37%.

Our recommended stoploss: $27.21 (-6.34%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 7 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for this stock to perform well in the short-term period. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Today ZBK ranks # as BUY CANDIDATE.
Today ZBK ranks # as BUY CANDIDATE.