FIFTH THIRD BANCORP (FITB) Stock Technical Analysis
USA - NASDAQ:FITB - US3167731005 - Common Stock
40.89 USD
+0.53 (+1.31%)
41.05 USD
+0.16 (+0.39%)
Taking everything into account, FITB scores 0 out of 10 in our technical rating. FITB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
76% of all other stocks performed better in the past year than FITB.
FITB is one of the lesser performing stocks in the Banks industry. 68% of 391 stocks in the same industry do better.
In the last month FITB has a been trading in the 40.05 - 45.98 range, which is quite wide. It is currently trading near the lows of this range.
FITB has an average volume of 6174470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
Volume is considerably higher in the last couple of days.
The technical rating of FITB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
33.18
46.75
We found 3 important support areas.
- A support zone ranging from 40.35 to 40.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.53 from a horizontal line in the weekly time frame.
- Support @33.52 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 42.60 to 44.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.09 to 46.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FITB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FITB is down. |
| ChartMill Relative Strength | 24.72 | NEGATIVE | FITB has a low relative strength, it was outperformed by 75.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FITB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FITB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FITB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.4 | NEUTRAL | The RSI value for FITB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests FITB has a negative trend. |
| Stochastics (14,3) | 18.16 | OVERSOLD | The low Stochastics value suggests FITB may be oversold. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for FITB suggests some volalility. |
| Average Directional Index/ADX (14) | 28.78 | POSITIVE | The high ADX value value for FITB suggests a strong trend. |
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)
40.89
+0.53 (+1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.31%
1 Week-1.4%
2 Weeks-7.93%
1 Month-11.26%
3 Month-4.97%
6 Month19.74%
12 Month-8.46%
2 Year72.46%
3 Year14.57%
5 Year76.1%
10 Year114.65%
15 Year225.56%
Volatility
ATR(14)1.45
ATR(20)%3.04%
ATR Inc101.52%
Range Today1.57
ADR(20)1.19
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.72
Mansfield-1.18
10 Day High45.33
10 Day Low40.05
20 Day High45.98
20 Day Low40.05
52 Week High49.07
52 Week Low32.25
CS1 End40.88
CR1 Start42.6
Volume & EV
DER(3)1.29%
DER(5)1.51%
Volume14.49M
Volume Incr44.83%
Vol(5)11.33M
Vol(50)6.17M