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The Attractiveness of Investing In Zions Bancorporation N.A (ZION) is Growing

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In a filing, Zions Bancorporation N.A revealed its Controller Richards Robert Ryan unloaded Company’s shares for reported $15636.0 on Apr 01 ’25. In the deal valued at $49.48 per share,316 shares were sold. As a result of this transaction, Richards Robert Ryan now holds 30,354 shares worth roughly $1.3 million.

Then, Smith Jennifer Anne sold 22,673 shares, generating $1,280,276 in total proceeds. Upon selling the shares at $56.47, the Executive Vice President now owns 29,313 shares.

Before that, Smith Jennifer Anne bought 22,673 shares. Zions Bancorporation N.A shares valued at $1,280,283 were divested by the Officer at a price of $56.47 per share.

Goldman upgraded its Zions Bancorporation N.A [ZION] rating to a Buy from a a Neutral in a research note published recently. Morgan Stanley also remained covering ZION and has increased its forecast on September 30, 2024 with a “an Equal-weight” recommendation from previously “an Underweight” rating. Argus revised its rating on July 25, 2024. It rated ZION as “a Hold” which previously was an “a Buy”.

Price Performance Review of ZION

On Monday, Zions Bancorporation N.A [NASDAQ:ZION] saw its stock jump 2.14% to $42.90. Over the last five days, the stock has gained 0.59%. Zions Bancorporation N.A shares have fallen nearly -20.92% since the year began. Nevertheless, the stocks have risen 3.97% over the past one year. While a 52-week high of $63.22 was reached on 01/22/25, a 52-week low of $39.05 was recorded on 04/04/25. SMA at 50 days reached $50.78, while 200 days put it at $51.48.

Levels Of Support And Resistance For ZION Stock

The 24-hour chart illustrates a support level at 42.05, which if violated will result in even more drops to 41.20. On the upside, there is a resistance level at 43.47. A further resistance level may holdings at 44.04. The Relative Strength Index (RSI) on the 14-day chart is 37.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.74%. Stochastics %K at 24.76% indicates the stock is a holding.

How much short interest is there in Zions Bancorporation N.A?

A steep rise in short interest was recorded in Zions Bancorporation N.A stocks on 2025-03-31, dropping by -0.8 million shares to a total of 4.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 5.6 million shares. There was a decline of -16.61%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on April 10, 2024 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $47 price target.

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