Taking everything into account, FITBO scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. FITBO was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, FITBO is a bad performer in the overall market: 74% of all stocks are doing better.
- FITBO is part of the Banks industry. There are 383 other stocks in this industry, of which 91% are performing better than FITBO.
- FITBO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month FITBO has a been trading in a tight range between 19.19 and 20.08.
Although the technical rating is bad, FITBO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.88, 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
19.04
When analyzing the support we notice one important area.
- A support zone ranging from 19.23 to 19.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 19.94 to 20.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.74 to 20.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 21.19 to 21.32. 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 | DOWN | NEGATIVE | The long term trend for FITBO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FITBO is up. |
| ChartMill Relative Strength | 26.24 | NEGATIVE | FITBO has a low relative strength, it was outperformed by 73.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FITBO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FITBO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FITBO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.15 | NEUTRAL | The RSI value for FITBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FITBO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.94 | NEUTRAL | The Stochastics value for FITBO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for FITBO suggests low volalility. |
| Average Directional Index/ADX (14) | 17.55 | NEGATIVE | The low ADX value for FITBO suggests a weak or negative trend. |
FIFTH THIRD BANCORP - FITB 4.95 PERP
NASDAQ:FITBO (1/21/2026, 8:18:56 PM)
19.91
+0.14 (+0.71%)
FIFTH THIRD BANCORP - FITB 4.95 PERP / FITBO FAQ
What is the ChartMill technical rating of FIFTH THIRD BANCORP - FITB 4.95 PERP (FITBO) stock?
ChartMill assigns a technical rating of 2 / 10 to FITBO.
Can you provide the trend direction for FIFTH THIRD BANCORP - FITB 4.95 PERP?
The current trend direction for FIFTH THIRD BANCORP - FITB 4.95 PERP (FITBO) is Bearish.
What is the RSI signal for FIFTH THIRD BANCORP - FITB 4.95 PERP (FITBO) stock?
FIFTH THIRD BANCORP - FITB 4.95 PERP (FITBO) has an RSI value of 58.149. This indicates that the stock is currently neutral.
What is the MACD signal for FITBO stock?
The MACD indicator for FIFTH THIRD BANCORP - FITB 4.95 PERP (FITBO) has a value of 0.0432855, indicating a bearish trend.
What is the short term momentum for FITBO stock?
The short term momentum for FIFTH THIRD BANCORP - FITB 4.95 PERP (FITBO) is positive.