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ZION Makes Notable Cross Below Critical Moving Average
By: BNK Invest
In trading on Friday, shares of Zions Bancorporation (Symbol: ZION) crossed below their 200 day moving average of $29.49, changing hands as low as $28.92 per share. Zions Bancorporation shares are currently trading down about 0.2% on the day. The chart below shows the one year performance of ZION shares, versus its 200 day moving average:
Looking at the chart above, ZION's low point in its 52 week range is $23.10 per share, with $33.33 as the 52 week high point - that compares with a last trade of $29.50.
According to the ETF Finder at ETF Channel, ZION makes up 3.54% of the First Trust NASDAQ ABA Community Bank Index Fund ETF (Symbol: QABA) which is trading lower by about 0.3% on the day Friday.