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Next Support Level for Keycorp (KEY) is $17.06

By Shiri Gupta

Shares of Keycorp (NYSE:KEY) have bearishly opened below the pivot of $17.34 today and have reached the first support level of $17.21. Should the shares continue to fall, the support pivots of $17.06 and $16.78 will be of interest.

Keycorp has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $20.77. Keycorp shares should first meet resistance at the 50-day moving average (MA) of $11.43 and find additional resistance at the 200-day MA of $12.56.

Over the past year, Keycorphas traded in a range of $0.00 to $19.53 and are now at $0.00. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has advanced 1.0%.

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

Keywords: pivot alerts keycorp

Ticker(s): KEY