• Return to Headlines

Bearish Moving Average Cross by Fifth Third Banc (FITB)

By Nick Russo

Fifth Third Banc (NASDAQ:FITB) crossed under its 10-day moving average of $29.23 on a volume of 1.2 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Fifth Third Banc share prices have moved between a 52-week high of $34.67 and a 52-week low of $24.66 and are now trading 17% above that low price at $28.96 per share. The 200-day and 50-day moving averages have moved 0.15% higher and 0.97% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Fifth Third Banc and will alert subscribers who have FITB in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses fifth third banc

Ticker(s): FITB