Technical Analysis:
ZION's stock is currently showing a bearish trend in the short term. The stock closed at $55.76 on Friday, February 14, 2025, with a modest gain of 0.52% during regular trading hours.
Recent price action shows:
- Resistance level: $56.62
- Support level: $55.22
- Trading volume: 1.34M shares
News Sentiment Analysis:
Recent news indicates mixed sentiment:
- Positive: The board declared a quarterly dividend of $0.43 per share, payable on February 20, 2025
- Neutral: The company maintains strong financial position with $89 billion in total assets and $3.1 billion in annual net revenue for 2024
- Notable: Analysts see 11.12% upside potential from current levels, with an average target price of $62.26
Price Prediction for Next Week:
Based on technical indicators and news sentiment:
- Bearish scenario (60% probability): Price likely to test support at $54.50
- Neutral scenario (30% probability): Consolidation between $55.00-$56.50
- Bullish scenario (10% probability): Resistance break above $57.00
Target Price Range for Next Week:
- Expected low: $54.50
- Expected high: $56.80
- Most probable price: $55.20
Trading Recommendation: SELL
Rationale:
- Weakening technical momentum
- Limited upside potential in short term
- High probability of testing lower support levels
- Suggested entry for short positions: $56.20-$56.50
- Stop loss: $57.20
- Target: $54.50
Technical Analysis:
ZION's stock is currently showing a bearish trend in the short term. The stock closed at $55.76 on Friday, February 14, 2025, with a modest gain of 0.52% during regular trading hours.
Recent price action shows:
- Resistance level: $56.62
- Support level: $55.22
- Trading volume: 1.34M shares
News Sentiment Analysis:
Recent news indicates mixed sentiment:
- Positive: The board declared a quarterly dividend of $0.43 per share, payable on February 20, 2025
- Neutral: The company maintains strong financial position with $89 billion in total assets and $3.1 billion in annual net revenue for 2024
- Notable: Analysts see 11.12% upside potential from current levels, with an average target price of $62.26
Price Prediction for Next Week:
Based on technical indicators and news sentiment:
- Bearish scenario (60% probability): Price likely to test support at $54.50
- Neutral scenario (30% probability): Consolidation between $55.00-$56.50
- Bullish scenario (10% probability): Resistance break above $57.00
Target Price Range for Next Week:
- Expected low: $54.50
- Expected high: $56.80
- Most probable price: $55.20
Trading Recommendation: SELL
Rationale:
- Weakening technical momentum
- Limited upside potential in short term
- High probability of testing lower support levels
- Suggested entry for short positions: $56.20-$56.50
- Stop loss: $57.20
- Target: $54.50