Zions Bancorporation (ZION)
Zions Bancorporation, headquartered in Salt Lake City, Utah, is a prominent bank holding company that operates primarily in the Western U.S. With a robust portfolio of financial services, including commercial and retail banking, as well as wealth management solutions, Zions caters to a diverse clientele ranging from individuals to large corporations. The bank's commitment to innovation and customer service has positioned it as a key player in the regional banking sector, driving sustainable growth and profitability. Its strategic focus on community banking underscores Zions’ dedication to fostering local economies while maintaining a strong financial profile.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 52.91% per annum.
- ZION price at the close of January 2, 2026 was $59.25 and was lower than the bottom border of the primary price channel by $10.53 (15.08%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 20.94% per annum.
- ZION price at the close of January 2, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of ZION price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: March 13, 2023
End date: March 3, 2025
a = 2.2933
b = 0.0012
s = 0.0845
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0012) – 1
= 52.91%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0845) – 1
= 40.22%
March 13, 2023 calculations
Top border of price channel:
Exp(Y549)
= Exp(a + b × X549 + 2 × s)
= Exp(a + b × 797 + 2 × s)
= Exp(2.2933 + 0.0012 × 797 + 2 × 0.0845)
= Exp(3.3896)
= $29.65
Bottom border of price channel:
Exp(Y549)
= Exp(a + b × X549 – 2 × s)
= Exp(a + b × 797 – 2 × s)
= Exp(2.2933 + 0.0012 × 797 – 2 × 0.0845)
= Exp(3.0516)
= $21.15
March 3, 2025 calculations
Top border of price channel:
Exp(Y1,043)
= Exp(a + b × X1,043 + 2 × s)
= Exp(a + b × 1,518 + 2 × s)
= Exp(2.2933 + 0.0012 × 1,518 + 2 × 0.0845)
= Exp(4.2284)
= $68.61
Bottom border of price channel:
Exp(Y1,043)
= Exp(a + b × X1,043 – 2 × s)
= Exp(a + b × 1,518 – 2 × s)
= Exp(2.2933 + 0.0012 × 1,518 – 2 × 0.0845)
= Exp(3.8904)
= $48.93
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 52.91% per annum.
- ZION price at the close of January 2, 2026 was $59.25 and was lower than the bottom border of the primary price channel by $10.53 (15.08%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: December 1, 2023
End date: January 2, 2026
a = 3.1039
b = 0.0005
s = 0.0881
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 20.94%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0881) – 1
= 42.27%
December 1, 2023 calculations
Top border of price channel:
Exp(Y732)
= Exp(a + b × X732 + 2 × s)
= Exp(a + b × 1,060 + 2 × s)
= Exp(3.1039 + 0.0005 × 1,060 + 2 × 0.0881)
= Exp(3.8322)
= $46.16
Bottom border of price channel:
Exp(Y732)
= Exp(a + b × X732 – 2 × s)
= Exp(a + b × 1,060 – 2 × s)
= Exp(3.1039 + 0.0005 × 1,060 – 2 × 0.0881)
= Exp(3.4796)
= $32.45
January 2, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(3.1039 + 0.0005 × 1,823 + 2 × 0.0881)
= Exp(4.2296)
= $68.69
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(3.1039 + 0.0005 × 1,823 – 2 × 0.0881)
= Exp(3.8770)
= $48.28
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 20.94% per annum.
- ZION price at the close of January 2, 2026 was inside the secondary price channel.