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Zions Bancorp Down 43.7% Since SmarTrend Downtrend Call (ZION)

By Amy Schwartz

SmarTrend identified a Downtrend for Zions Bancorp (NASDAQ:ZION) on January 22nd, 2020 at $47.88. In approximately 2 months, Zions Bancorp has returned 43.73% as of today's recent price of $26.94.

Over the past year, Zions Bancorp has traded in a range of $23.58 to $52.48 and is now at $26.94, 14% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 3.7%.

Zions Bancorporation is a bank holding company that operates full-service banking offices in western United States. The Company also offers an array of investment, mortgage, insurance, and electronic commerce services. In addition, Zions provides financing solutions for small businesses across the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Zions Bancorp.

Log in and add Zions Bancorp (ZION) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Zions Bancorp

Ticker(s): ZION