Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and GLENN LARKIN

Zions Bancorp Stock Flashes Improved Relative Price Strength

On Monday, Zions Bancorp received an upgrade to its Relative Strength (RS) Rating, from 62 to 79.

When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD's proprietary rating identifies price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 in the early stages of their moves. See if Zions Bancorp can continue to show renewed price strength and clear that threshold.

See How IBD Helps You Make More Money In Stocks

Zions Bancorp is not currently near a potential buying area. It has made improvements relative to key moving averages, currently hovering around the 10-day, with the 200-day in sight. See if the stock goes on to build a chart pattern that could launch a new move.

ZION Earnings

Zions Bancorp posted -14% earnings growth in the latest quarterly report. Revenue gains came in at 2%.

The company holds the No. 28 rank among its peers in the Banks-West/Southwest industry group. Oak Valley Bancorp and Preferred Bank LA are also among the group's highest-rated stocks.

Stocks To Buy And Watch: Top IPOs, Big And Small Caps, Growth Stocks

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.