Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Zions Bancorporation N.A shares valued at $53,329 were sold by MCLEAN SCOTT J on Dec 17 ’24. At $59.92 per share, MCLEAN SCOTT J sold 890 shares. The insider’s holdings dropped to 73,396 shares worth approximately $3.97 million following the completion of this transaction.
Also, STEPHENS STEVEN DAN sold 388 shares, netting a total of over 23,249 in proceeds. Following the sale of shares at $59.92 each, the insider now holds 45,136 shares.
Before that, Miller Rena A. had sold 116 shares from its account. In a trade valued at $6,951, the Executive VP & General Counsel traded Zions Bancorporation N.A shares for $59.92 each. Upon closing the transaction, the insider’s holdings decreased to 116 shares, worth approximately $0.36 million.
Analysts at Morgan Stanley upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in late September. As of July 25, 2024, Argus has decreased its “Buy” rating to a “Hold” for ZION. Earlier on April 10, 2024, Deutsche Bank initiated its rating. Their recommendation was “a Hold” for ZION stock.
Analyzing ZION Stock Performance
During the last five days, there has been a drop of approximately -1.64%. Over the course of the year, Zions Bancorporation N.A shares have dropped approximately -0.33%. Shares of the company reached a 52-week high of $55.10 on 01/02/25 and a 52-week low of $53.85 on 01/02/25. A 50-day SMA is recorded $56.61, while a 200-day SMA reached $47.91. Nevertheless, trading volume fell to 0.93 million shares from 0.83 million shares the previous day.
Support And Resistance Levels for Zions Bancorporation N.A (ZION)
According to the 24-hour chart, there is a support level at 53.58, which, if violated, would cause prices to drop to 53.09. In the upper region, resistance lies at 54.83. The next price resistance is at 55.59. RSI (Relative Strength Index) is 39.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.85, which suggests the price will decrease in the coming days. Percent R is at 72.64%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
