Zions Bancorporation, National Association (NASDAQ:ZION) 14-day RSI (relative strength index) score is 29.34, which shows that its stock has been oversold. The 20-day historical volatility for the company shares stand at 24.52 percent, which is low when compared to that of the 50-day’s 27.86 percent. The first technical resistance point for the stock will likely come at $44.97, marking a 1.65% premium to the current level. The second resistance point is at $45.7, about 3.22% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $42.96, the lower end of the range. ZION’s 14-day MACD is -2.12 and this negative figure indicates a downward trading trend.
Zions Bancorporation, National Association (ZION) trade volume has increased by 1.61% as around 2,814,880 shares were sold when compared with its 50-day average volume of traded shares which is 2,770,350. At the moment, ZION is witnessing a downtrend, as it is trading -7.86% below its 20-day SMA, -8.62% below its 50-day SMA, and -16.14% below its 200-day SMA. The company runs an ROE of roughly 10.6%, with financial analysts predicting that their earnings per share growth will be around 7% per annum for the next five year. This will be compared to the 24.1% increase witnessed over the past five years.
The last few days have been rough for Zions Bancorporation, National Association (NASDAQ:ZION), as its price has decreased by -9.1% during the week. It has also performed poorly over the past three months, as it lost around -16.44% while it has so far retreated around -12.36% during the course of a year. The price of the stock went down by -$0.88 now trading at $44.23. Their shares witnessed a -0.72% increase from the 52-week low price of $44.55 they recorded on 2018-12-10. Even though it is still -33.82% behind the $59.19 high touched on 2018-05-22. The stock of ZION recorded -12.98% downtrend from the beginning of this year till date. The 12-month potential price target for Zions Bancorporation, National Association is set at $57.08. This target means that the stock has an upside potential to increase by 29.05% from the current trading price.
When giving their opinion, around 61.54% of Wall Street analysts, which represents 16 out of 26 rated the stock as a Buy. 10 brokerage firms of the remaining 38.46% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate ZION shares held by institutional investors represents 96.7% of total shares. 54 institutions entered new Zions Bancorporation, National Association (NASDAQ:ZION) positions, 222 added to their existing positions in these shares, 281 lowered their positions, and 63 exited their positions entirely.
The shares of BorgWarner Inc. (NYSE:BWA) has decreased by -2.41%, and now trading at $34.88 on the Wall Street in the intra-day deal, with their shares traded now around 2,375,315. This is a decline of -6,357 shares over the average 2,381,672 shares that were traded daily over the last three months. The stock that is trading at $34.88 went lower by -1.91% from its 52-week low of $35.56 that it attained back on 2018-12-10. The stock recorded a 52-week high of $58.22 nearly 328 days ago on 2018-01-17.
BWA stock hasn’t performed well over the past 30 days, as it lost -13.28% while its price plunged by -31.73% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -11.87% over the last week. The stock’s 12-month potential target price is now at $49.15. This means that the stock price might likely increase by 40.91% from its current trading price.12 out of 18 Wall Street analysts which represents 66.67% rated the stock as a buy while the remaining 27.78 rated it as a hold, with 5.56 of analysts rating it as a sell.
BorgWarner Inc. (NYSE:BWA) has been utilizing an ROE that is roughly 14.2%, with stock analysts predicting that the company’s EPS for the next five years will go up by 7.45% per year, following the 10.1% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -10.49% below its 20-day SMA, -11.42% below its 50-day SMA, and -23.76% below its 200-day SMA. In percentage terms, the aggregate BorgWarner Inc. shares held by institutional investors is 96%. 55 institutions jumped in to acquire BorgWarner Inc. (BWA) fresh stake, 261 added to their current holdings in these shares, 292 lowered their positions, and 82 left no stake in the company.
The stock’s 9-day MACD is -2.29 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 27.69, which shows that its stock has been oversold. The 20-day historical volatility for the shares stand at 45.4 percent, which is more when compared to that of the 50-day’s 40.89 percent. On the daily chart, we see that the stock could reach the first level of resistance at $35.57, sporting a 1.94% premium to the current level. The next resistance point is at $36.25, representing nearly 3.78% premium to the current market price of BorgWarner Inc. (BWA). On the other hand, failure to breach the immediate hurdles can drag it down to $33.89, the lower end of the range.