14-day Premium Trial Subscription Sign Up For FreeGet Free

Weaker Stock
Today FITB ranks #12798 as sell candidate. Get a Free Stock at Robinhood
Stronger Stock

$43.05 (-2.03%)

Volume: 5M

Closed: Dec 03, 2021

Hollow Logo Score: -3.097

Fifth Third Bancorp Stock Forecast

$43.05 (-2.03%)

Volume: 5M

Closed: Dec 03, 2021

Score Hollow Logo -3.097
Which way will FITB go? Request
Key Stats
P/E Ratio 11.34
Beta 1.26
Trailing Dividend Rate 2.55% ($1.10)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 44 and the stock is currently not being overbought or oversold

Fifth Third Bancorp stock price ended on $43.05 on Friday after losing 2.03%
(Updated on Dec 03, 2021)


Sell candidate since 2021-11-26 Gain 1.34%

The Fifth Third Bancorp stock price fell by -2.03% on the last day (Friday, 3rd Dec 2021) from $43.94 to $43.05. During the day the stock fluctuated 3.94% from a day low at $42.64 to a day high of $44.32. The price has fallen in 6 of the last 10 days and is down by -2.47% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -994 thousand shares and in total, 5 million shares were bought and sold for approximately $230.75 million.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $41.89 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.71% during the next 3 months and, with a 90% probability hold a price between $46.38 and $53.04 at the end of this 3-month period.

Signals & Forecast

There are mixed signals in the stock today. The Fifth Third Bancorp stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $44.07. On a fall, the stock will find some support from the short-term average at $42.99. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Wednesday, October 20, 2021, and so far it has fallen -5.57%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The stock had a Golden Star Signal on Tuesday, September 14, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Tuesday, September 14, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

Fifth Third Bancorp finds support from accumulated volume at $42.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.68 (3.94%) between high and low. For the last week, the stock has had a daily average volatility of 3.82%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Fifth Third Bancorp stock A Buy?

Fifth Third Bancorp holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.097

Predicted Opening Price for Fifth Third Bancorp of Monday, December 6, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 6, 2021 Current price
$43.34 $43.05 (Undervalued)
Sell Candidate Unchanged

Remember To Visit Our YouTube Channel

Analyst Ratings

On Oct 20, 2021 "Citigroup" gave "$44.00 - $47.00" rating for FITB. The price target was changed from $43.93 to 0.3%.

Volatility and Risk
Daily Average Volatility: 3.82 %
Overall Risk: Very High High Medium Low Very Low
Volatility
3.82 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $43.57
Price: $43.05
Support: $42.15

FITB Insider Trading Show all Trades

INSIDER POWER

1.296

Last 100 transactions
Buy: 956 641 | Sell: 737 961 (Shares)
Date Action Amount Person Type
Nov 10, 2021 Buy 141 547 Feiger Mitchell Common Stock
Nov 10, 2021 Sell 141 547 Feiger Mitchell Common Stock
Nov 03, 2021 Sell 4 000 Hammond Howard Common Stock
Oct 25, 2021 Sell 10 740 Garrett Kristine R. Common Stock
Sep 08, 2021 Sell 6 372 Shaffer Robert P Common Stock
Show all Insider Trades
INSIDER POWER

1.296

Last 100 transactions
Buy: 956 641 | Sell: 737 961 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 45.02 4.57 %
44.37 3.08 %
43.98 2.16 %
Current price: 43.05
Support 42.69 -0.82 %
42.30 -1.75 %
41.66 -3.24 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 43.98 2.16 %
43.60 1.28 %
43.57 1.21 %
Current price 43.05
Support 42.15 -2.09%
40.12 -6.81%
38.54 -10.48%

Click to get the best stock tips daily for free!

About Fifth Third Bancorp

Fifth Third Ban Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset-base... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!

StockInvest.usJoin 100 000+ Happy Subscribers

Don't miss out on the runners!

Get The StockInvest.Us Newsletter

StockInvest.usStock Podcast

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT