FIFTH THIRD BANCORP (FITB) Stock Technical Analysis
NASDAQ:FITB - Nasdaq - US3167731005 - Common Stock - Currency: USD
Taking everything into account, FITB scores 3 out of 10 in our technical rating. Although FITB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month FITB has a been trading in the 42.76 - 45.42 range, which is quite wide. It is currently trading near the lows of this range.
FITB has an average volume of 4616860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, FITB did better than 73% of all other stocks. However, we also see that FITB couldn't keep up this performance in the last couple of months.
FITB is an average performer in the Banks industry, it outperforms 56% of 405 stocks in the same industry.
FITB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FITB is lagging the market.
Although the technical rating is bad, FITB does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 43.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.86, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
40.28
48.93
When analyzing the support we notice one important area.
- A support zone ranging from 40.69 to 42.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 43.77 to 44.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.07 to 48.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.51
Mansfield-0.19
10 Day High44.52
10 Day Low42.76
20 Day High45.42
20 Day Low42.76
52 Week High49.07
52 Week Low33.03
Performance
1 Week-1.61%
2 Weeks-3.21%
1 Month-2.21%
3 Month-10.48%
6 Month1.8%
12 Month27.92%
2 Year18.13%
3 Year-10.37%
5 Year75.74%
10 Year121.49%
15 Year251.19%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)42.13
LBB42.97
UBB44.67
42.88
-0.73 (-1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.67%
1 Week-1.61%
2 Weeks-3.21%
1 Month-2.21%
3 Month-10.48%
6 Month1.8%
12 Month27.92%
2 Year18.13%
3 Year-10.37%
5 Year75.74%
10 Year121.49%
15 Year251.19%
Volatility
ATR(14)0.84
ATR(20)%1.97%
ATR Inc50.54%
Range Today1.16
ADR(20)0.79
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.51
Mansfield-0.19
10 Day High44.52
10 Day Low42.76
20 Day High45.42
20 Day Low42.76
52 Week High49.07
52 Week Low33.03
CS1 End42.86
CR1 Start43.77
Volume & EV
DER(3)-1.04%
DER(5)0.01%
Volume4.73M
Volume Incr-9.17%
Vol(5)4.10M
Vol(50)4.62M