Zions Bancorporation N.A.
- ExchangeNASDAQ Stock Market
- CountryUnited States
Key Points: Financials continue to weaken. Many topping patterns appear to be in place, and a number of insurance companies are breaking their uptrends. Software names are under pressue with many falling below their 200-day MA. Value appears to be winning out over growth as interest rates rise.
â€¢ Offshore oil drillers continue to develop positively. Long-term trends are attractive. â€¢ Basic Materials are breaking down. The Sector is hitting a new RS lows. â€¢ The Financial Sector is also showing a sign of weakness as the RS is also hitting a new 52-week low. Not a good sign for the overall market.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Zions Bancorporation, National Association. Global Credit Research- 26 Feb 2020. New York, February 26, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Zions Bancorporation, National Association and other ratings that are associated with the same analytical unit.
The independent financial analyst theScreener just awarded an improved star rating to ZIONS BANCORP (US), active in the Money Center Banks industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date October 23, 2020, the closing price was USD 33.20 and its expected value was estimated at USD 31.18.