ZION
Zions Bancorporation Financial Services - Banking Investor Relations →
Zions Bancorporation (ZION) closed at $65.29 as of 2026-02-02, trading 47.5% above its 200-week moving average of $44.26. The stock moved further from the line this week, up from 35.5% last week. With a 14-week RSI of 84, ZION is in overbought territory.
Over the past 2346 weeks of data, ZION has crossed below its 200-week moving average 25 times. On average, these episodes lasted 25 weeks. Historically, investors who bought ZION at the start of these episodes saw an average one-year return of +19.5%.
With a market cap of $9.6 billion, ZION is a mid-cap stock. Return on equity stands at 13.5%. The stock trades at 1.4x book value.
Over the past 33.2 years, a hypothetical investment of $100 in ZION would have grown to $1126, compared to $2849 for the S&P 500. ZION has returned 7.6% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 35.4% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: ZION vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ZION Crosses Below the Line?
Across 20 historical episodes, buying ZION when it crossed below its 200-week moving average produced an average return of +23.9% after 12 months (median +27.0%), compared to +7.1% for the S&P 500 over the same periods. 68% of those episodes were profitable after one year. After 24 months, the average return was +47.0% vs +21.3% for the index.
Each line shows $100 invested at the moment ZION crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ZION has crossed below its 200-week MA 25 times with an average 1-year return of +19.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 1982 | Mar 1982 | 2 | 1.3% | +16.5% | +6018.9% |
| Jun 1982 | Jun 1982 | 2 | 1.0% | +49.4% | +6018.9% |
| Sep 1987 | Oct 1989 | 111 | 40.9% | -37.4% | +3143.1% |
| Nov 1989 | Apr 1990 | 24 | 13.0% | +0.2% | +3584.0% |
| Aug 1990 | Oct 1990 | 11 | 7.0% | +82.2% | +3835.8% |
| Feb 2000 | May 2000 | 12 | 13.0% | +53.5% | +175.4% |
| Jul 2000 | Sep 2000 | 6 | 5.6% | +35.4% | +142.0% |
| Sep 2000 | Sep 2000 | 1 | 2.1% | +16.8% | +135.8% |
| Oct 2001 | Dec 2001 | 11 | 15.2% | -16.4% | +126.8% |
| Jan 2002 | Feb 2002 | 4 | 3.1% | -16.3% | +100.1% |
| Jun 2002 | Aug 2002 | 9 | 12.4% | +3.3% | +98.6% |
| Sep 2002 | May 2003 | 37 | 27.9% | +12.5% | +101.2% |
| Sep 2007 | Mar 2012 | 233 | 89.1% | -33.4% | +35.2% |
| Apr 2012 | Aug 2012 | 17 | 10.0% | +27.5% | +343.3% |
| Jan 2015 | Feb 2015 | 1 | 0.3% | -4.6% | +261.5% |
| Jan 2016 | Apr 2016 | 15 | 20.1% | +78.1% | +249.5% |
| May 2016 | May 2016 | 2 | 2.7% | +58.2% | +229.8% |
| Jun 2016 | Jul 2016 | 6 | 7.9% | +63.2% | +221.2% |
| Aug 2019 | Aug 2019 | 2 | 0.9% | -11.3% | +102.9% |
| Feb 2020 | Dec 2020 | 43 | 42.5% | +38.0% | +99.7% |
| Dec 2022 | Dec 2022 | 1 | 1.2% | -0.1% | +59.5% |
| Mar 2023 | Dec 2023 | 40 | 51.4% | +10.2% | +80.7% |
| Jan 2024 | May 2024 | 17 | 10.8% | +31.3% | +66.2% |
| May 2024 | Jul 2024 | 7 | 7.5% | +11.7% | +59.2% |
| Mar 2025 | Apr 2025 | 4 | 8.9% | N/A | +61.9% |
| Average | 25 | — | +19.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02