NASDAQ:ZIONW
Delisted

Zions Bancorporation Stock Forecast

$13.38
+0 (+0%)
At Close: Feb 07, 2020
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Stronger technical forecast for Zions Bancorporation stock price after Friday trading.
(Updated on Feb 07, 2020)

Sell candidate since Jan 31, 2020 Gain 4.83% PDF

No changes to the price of Zions Bancorporation stock on the last trading day (Friday, 7th Feb 2020). During the last trading day the stock fluctuated 5.39% from a day low at $13.37 to a day high of $14.09. The price has risen in 5 of the last 10 days but is still down by -27.16% for this period.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -15.20% during the next 3 months and, with a 90% probability hold a price between $10.38 and $14.77 at the end of this 3-month period.

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ZIONW Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, February 05, 2020, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Zions Bancorporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $15.05 and $16.94. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Zions Bancorporation stock

Zions Bancorporation finds support from accumulated volume at $12.76 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.720 between high and low, or 5.39%. For the last week the stock has had daily average volatility of 2.43%

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

Trading Expectations (ZIONW) For The Upcoming Trading Day Of Monday 10th

For the upcoming trading day on Monday, 10th we expect Zions Bancorporation to open at $13.61, and during the day (based on 14 day Average True Range), to move between $12.52 and $14.24, which gives a possible trading interval of +/-$0.86 (+/-6.41%) up or down from last closing price. If Zions Bancorporation takes out the full calculated possible swing range there will be an estimated 12.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $12.76 (4.61%) than the resistance at $14.30 (6.88%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Zions Bancorporation stock A Buy?

Zions Bancorporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -3.310 Sell Candidate Upgraded

Predicted Opening Price for Zions Bancorporation of Monday, February 10, 2020

Fair opening price February 10, 2020 Current price
$13.61 ( 1.74%) $13.38

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

Trading levels for ZIONW

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 14.33 7.13 %
R2 14.06 5.07 %
R1 13.89 3.80 %
Current price: 13.38
Support S1 13.34 -0.312 %
S2 13.17 -1.58 %
S3 12.89 -3.64 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 15.78 17.94 %
R2 14.95 11.73 %
R1 14.30 6.88 %
Current price 13.38
Support S1 12.76 -4.61%
S2 0 .
S3 0 .

FAQ

What is the symbol for Zions Bancorporation Stock and on which exchange is it traded?
The symbol for Zions Bancorporation is ZIONW and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Zions Bancorporation Stock?
Zions Bancorporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy Zions Bancorporation Stock?
Zions Bancorporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Zions Bancorporation Stock.

What's the current price of Zions Bancorporation Stock?
As of the end of day on the 2020-02-07, the price of an Zions Bancorporation (ZIONW) share was $13.38.

What is the 52-week high and low for Zions Bancorporation Stock?
The 52-week high for Zions Bancorporation Stock is $19.36 and the 52-week low is $4.00.
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