• Return to Headlines

Fifth Third Bancorp Crosses Above its 10-day MA (FITB)

By Amy Schwartz

Fifth Third Bancorp (NASDAQ:FITB) shares have crossed bullishly above their 10-day moving average of $25.27 on a volume of 1.0 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Fifth Third Bancorp share prices have moved between a 52-week high of $28.97 and a 52-week low of $13.84 and are now trading 84% above that low price at $25.42 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has slid 0.4%.

SmarTrend is monitoring the recent change of momentum in Fifth Third Bancorp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Fifth Third Bancorp in search of a potential trend change.

Keywords: moving crosses fifth third bancorp

Ticker(s): FITB