FIFTH THIRD BANCORP (FITB)

US3167731005 - Common Stock

33.74  +0.25 (+0.75%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to FITB. In the last year, FITB was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
FITB is part of the Banks industry. There are 416 other stocks in this industry. FITB outperforms 82% of them.
FITB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FITB is lagging the market slightly.
FITB has an average volume of 5893290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, FITB turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
In the last month FITB has a been trading in the 32.29 - 35.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
FITB Weekly chart
FITB Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, FITB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 33.48, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

32.48

36.01

We found 1 important support area.

  • A support zone ranging from 32.81 to 33.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 35.14 to 35.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.13
Mansfield0.54
10 Day High34.58
10 Day Low32.29
20 Day High35.73
20 Day Low32.29
52 Week High36.78
52 Week Low22.11
Performance
1 Week2.04%
2 Weeks0.06%
1 Month-1.79%
3 Month22.9%
6 Month31.75%
12 Month-7.77%
2 Year-30%
3 Year-3.46%
5 Year21.43%
10 Year54.4%
15 Year1487.2%
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)47.23
LBB32.96
UBB34.24
FITB Daily chart

FIFTH THIRD BANCORP

NASDAQ:FITB (2/22/2024, 11:00:08 AM)

33.74

+0.25 (+0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.75%
1 Week2.04%
2 Weeks0.06%
1 Month-1.79%
3 Month22.9%
6 Month31.75%
12 Month-7.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.91
ATR(20)%2.58%
ATR Inc
Range Today0.77
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High34.58
10 Day Low32.29
20 Day High35.73
20 Day Low32.29
52 Week High36.78
52 Week Low22.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.58M
Volume Incr-21.7%
Vol(5)4.67M
Vol(50)5.89M