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Shares of ZION Up 22.0% Since Uptrend Call on Shares
Mar 15, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Zions Bancorporation (NASDAQ:ZION) on December 17th, 2012 at $20.95. In approximately 3 months, Zions Bancorporation has returned 22.00% as of today's recent price of $25.56.
Over the past year, Zions Bancorporation has traded in a range of $13.18 to $25.86 and is now at $25.54, 94% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.5%.
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 shifts in the trajectory of Zions Bancorporation shares.Log in and add Zions Bancorporation (ZION) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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UPDATED 9:01 PM EST - May 22, 2013
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