Zions Bancorp's most recent trend suggests a bearish bias. One trading opportunity on Zions Bancorp is a Bear Call Spread using a strike $31.00 short call and a strike $36.00 long call offers a potential 7.07% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $31.00 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock rose above the $36.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Zions Bancorp is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Zions Bancorp is bearish.
The RSI indicator is at 44.17 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Zions Bancorp
Pisani: Stop obsessing about biotech, look at energy
Mon, 07 Apr 2014 17:37:00 GMT
California Bank & Trust Expands Customer Experience with Launch of New Website and Real-Time Mobile Fraud Text Alerts
Thu, 03 Apr 2014 16:00:00 GMT
Business Wire – Driven by the belief that banking can be more engaging, convenient and efficient, California Bank & Trust launched a new website that enhances the CB&T customer
Credit Suisse Names Signature Bank, SunCoke Energy Among Top Small Cap Picks
Tue, 01 Apr 2014 18:32:00 GMT
Former Citigroup co-chief John Reed warns of ‘managerial turmoil'
Mon, 31 Mar 2014 23:55:02 GMT
Financial Times – John Reed, the former co-chief executive and architect of the modern day Citigroup, said “managerial turmoil” at the sprawling global bank had hindered its ability to secure the Federal Reserve's …
Zions Bancorporation To Report First Quarter 2014 Earnings Results
Mon, 31 Mar 2014 20:15:00 GMT
PR Newswire – SALT LAKE CITY, March 31, 2014 /PRNewswire/ — Zions Bancorporation (Nasdaq: ZION) announced today that it will report its first quarter 2014 earnings results after the NASDAQ close on Monday, April 21, …
Related Posts
Also on Market Tamer…
Follow Us on Facebook