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ZION

ZIONS bank cresting the top of a ascending wedge.Things aren't looking good for the banks, and ZION (Zion's Bank) missed on its recent earnings expectations. It's now nearing the top of an ascending wedge, and as many traders know, this can be a really bad sign for any stock, and could be indicating a coming trend reversal. Watch the levels on the chart with the dashed white trend lines to help predict future moves. If the lower ascending wedge line is broken, and one full candle closes below it, it may be the sign the the shorts have been looking/waiting for to enter a medium term short position. I do not own this stock, nor am I trading any options, or by any other method, this is just simply me taking a look at the charts, and I noticed this pattern. Happy trading, and always use a stop.
NASDAQ:ZION
by MetaShackle
ZION DCA - Inv H&S Company: Zions Bancorporation N.A. Ticker: ZION Exchange: NASDAQ Sector: Finance Introduction: In today's analysis, we turn our attention to Zions Bancorporation N.A. (ZION) listed on the NASDAQ, a noteworthy constituent of the finance sector. Examining the daily chart reveals a potential bullish reversal in the form of an Inverted Head and Shoulders pattern that has been developing over the past 126 days. Inverted Head and Shoulders Pattern: An Inverted Head and Shoulders pattern typically marks a potential trend reversal, signaling a shift from a downtrend to an uptrend. The pattern consists of three troughs, with the middle trough (the head) being the deepest and the two outside troughs (the shoulders) being shallower and roughly equal to each other. Analysis: ZION's previous trend was downward, illustrated by the blue diagonal dashed line. However, this downtrend appears to be interrupted by an Inverted Head and Shoulders pattern, suggesting a potential reversal to the upside. The symmetry between the shoulders is compelling, and the head is typical of such a pattern. The pattern's horizontal neckline is situated at 32.79. At present, the price is below the 200 EMA, warranting caution when considering entering positions. A potential long position should only be considered if the price closes convincingly above the horizontal neckline. In the case of a successful breakout, the price target would be at 47.38, which corresponds to an approximate increase of 44.42%. Conclusion: Zions Bancorporation's daily chart presents a possible bullish reversal setup. This setup, if confirmed by a breakout above the neckline, could provide a favorable long trading opportunity. Remember, this analysis should be used as a component of your overall market research and risk management strategy, not as direct trading advice. If you found this analysis helpful, please consider liking, sharing, and following for more insights. Wishing you profitable trading! Best regards, Karim Subhieh Disclaimer: This analysis is not financial advice and is intended for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions.
NASDAQ:ZION
by KarimSubhieh
2
Regional Banks Leading Market to Hell?Regional Banks have always led our economy during booms and during busts. You will note from this simple chart that one key trend line has measured our current secular bull market. Regional banks have remained above this trend line since it was first touched in 2009. Excluding March 2020 (Covid19), which is not valid data, regional banks have never dipped below with confirmation. My best guess is that if they do, it will spell the beginning of the end for the U.S. macroeconomy in its current secular bull run. Watch closely as regional banks are really flushing the toilets today. If not careful, they may also need a savior. Enter JPOW and the Fed for a surprised pause/pivot ...if so. PacWest, NASDAQ:PACW : -36% Western Alliance, NYSE:WAL : -31% Metropolitan Bank, NYSE:MCB : -27% HomeStreet, NASDAQ:HMST : -23% Zions Bank, NASDAQ:ZION : -15% KeyCorp, NYSE:KEY : -9% HarborOne, NASDAQ:HONE : -10% Citizens Financial, NYSE:CFG : -12% Remember, of our four largest bank failures to date: Washington Mutual (-386 billion), First Republic (-$233 billion), SVB (-209 billion), and Signature Bank (-118 billion) ...three of these have occurred in the last 2 months ...and we ain't done yet, folks. The true shitcoins are large centralized corporate banks. We must be ready to transition to an alternative currency solution. Enter Bitcoin/crypto. Be ready. Best, Stew
AMEX:KREShort
by stewdamus
Closed Zion Oil & Gas Today! 43% Gain! (ZN)This penny stock we've had april 1st and looking at a juicy 43% Gain!!!! 🥳🥳🥳🥳 Now we have called over 500% in gains this year with cryptocurrency and stocks in just the last couple of months! I can't make this stuff up! It is all time stamped on my feed. 💰 So why did we take profit on this one today? I took a more aggressive approach as the 3day is starting to compress on my candles and the top 2 ema dots indicator is firing red. I know some of you on my page were liking the setup when I called it. Congratulations of you ran with it. 🥳 Jump the gun a little bit but shoot, I'll take those gains and secure the bag! 💰💰💰💰💰💰💰 Its literally as easy as that with our system! Line them up and ride thr green and cut the red! 🥇MLT | TRADE LIKE A PRO!!!!!!!!
Z
by UnknownUnicorn2319099
$ZION can fall todayLow volatility stock intraday trading strategy signal. $ZION chart shows appropriate parameters to open position. Also, the true range is low enough today, so the price has good potential to fall. I suppose, the price will be falling until market close, so short sell can be from $38,3; stop-loss — $39,03; take-profit — $36,11 or market close price. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NASDAQ:ZIONShort
by KozakHlib
Somebody poke NEO, is it still alive? Heya All, While BTC is taking a week-end rest I have the inclination to proceed and revisit some of my favourite shitcoins and NEO is definitely one of them. This coin and platform has all that is needed for a solid DAPPs coin and in many ways fundamentals of NEO stood head and shoulders above ETH, Stelar, Cosmos and other similar DAPP platforms yet it took more beating and more damage than any of these. Needless to say, NEO community internationally was and perhaps still is one of the strongest. Citi of Zion, despite somewhat corrupt structure, is still a much better governance system than any of the similar platforms offered. At this point, the question still begs to be asked, what happened with NEO? Apart from nearly 2-year long bear market what has resulted in a collapse of the Da Hong Fei's empire? - I am not a NEO Expert, but I will try to elaborate on some of the shortcomings of the projects and reasons why it was not able to gain traction even after announcing the NEO 3.0 version upgrade. Here they are: - Not being able to develop a strong report with the Chinese government ( with any other Gov for that matter). - Not being able to establish a simple yet elegant use case on GOV or major business level. (For example, collaborations with Alipay or Wechat would have catapulted NEO to a whole new level. Similarly, it would have been beneficial to deploy notarial, public, business and land registry services on NEO for any of the countries where they have a prominent presence). On a positive note, I think NEO still has a fighting chance and will rise again if the management team will ramp up international efforts, Will resume to be more proactive when engaging the international community and when supporting promising projects on the platforms. And yes, for now, NEO is bearly breathing and it is 200K short away from total collapse. Several factors that accompany NEO's current situation are the following: 1. Low liquidity - No one with the mother is trading this asset. There are small movements on Finex but all of it looks like a bunch of liquidations and some in-house market making to keep the price level afloat. 2. Price action looks like swiss cheese - There are so many gaps in the price action on lower timeframes that I suspect that no one trades this asset at their own will. 3. Possibility to short neo to kingdom come - It looks like the whole asset can be short to 8$ level and beyond with just 200 K account and a couple of smart traders. 4. 30 Days from the golden cross to the death cross - Currently neo is under the death cross. Lat death cross ended about a month ago and current one took a change of the price action quite recently. There is more mad news, the 50EMA-200 SMA death cross is about to take place soon, which again might send NEO to lower price targets. If I had a position in this Asset, I would close my shorts now, liquidate my holdings and would move my positions to BTC. Will NEO rise again? -Perhaps... Soon? -Nobody knows! Happy trading and stay safe! Archie
BITFINEX:NEOUSDShort
by akublashvili
ZION Banc To DropOn March 31, 2017 the Zion Bancorporation ( NASDAQ:ZION ) crossed below its 100 day for the second time in 9 trading days. Historically this has occurred 169 times and the stock does not always drop. It has a median loss of 3.454 % and maximum loss of 30.112 % over the next 15 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 42.6531. RSI tends to determine overbought and oversold levels. I personally use anything above 75 as overbought and anything under 25 as oversold. The current reading declares the stock is slightly heading down, but not in a strong manner. The true strength index (TSI) is currently -14.910. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The current reading declares the stock is moving down. The negative vortex indicator (VI) is 1.42. The VI determines current trend and direction. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The current reading declares the stock moving down. The stochastic oscillator K value is 49.9104.8377 and D value is 37.7580. This is a cyclical oscillator that is highly accurate can be used to identify overbought/oversold levels as well as pending reversals. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the stock is trending up. When the D value is higher that the K value the stock is trending down. The current reading declares the stock is trending up with decently large divergence which indicates the potential for continued upward movement. Considering the moving average crossover, RSI, TSI, VI and stochastic levels, the overall near-term stock direction appears to be downward. Based on historical movement compared to current levels and the current position, the stock could drop 3.79% over the next two weeks. Last time the stock crossed below this MA, it dropped 3.672%. There is a level of support around 40.41 which is where I would expect the stock to drop to.
NASDAQ:ZIONShort
by StockSignaler