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Fifth Third Banc Bullish Moving Average Crossover Alert (FITB)

By James Quinn

Today, shares of Fifth Third Banc (NASDAQ:FITB) have crossed bullishly above their 10-day moving average of $26.28 on a volume of 448K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Fifth Third Banc have traded between a low of $22.12 and a high of $30.20 and are now at $26.89, which is 22% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 1.2%.

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