Stock Analysis: Fifth Third Bancorp (FITB)

Stock Analysis for Fifth Third Bancorp (FITB)

The Interpreter
Hey Friend, I'm analysing FIFTH THIRD BANCORP (FITB), and it is between the Support of $ 34.52 (PivotS1) and the Resistance of $ 34.94 (50% of Fibonacci). The stock is pointing upwards and could come close and reach $ 34.94 soon.

Fifth Third Bancorp (FITB)

$ 36.82 -1.1%

Last Close 25-Apr-24

Trade FITB Now

Supports

Next Support: $ 34.52

Pivot S1: $ 34.52
Fibonacci 38.2%: $ 34.44
Triangle Level (1): $ 29.93

Resistances

Next Resistance: $ 34.94

Pivot: $ 35.78
Fibonacci 50%: $ 34.94

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 15 Apr 2024	Buy Price: 34.62	Loss: Close Day2 ($ 34.10)	Abandoned Baby	Buy
002 18 Jan 2024	Sell Price: 33.24	Loss: Close Day2 ($ 34.56)	Engulfing	Sell
003 02 Jan 2024	Buy Price: 34.78	Loss: Close Day2 ($ 34.42)	Engulfing	Buy
004 27 Oct 2023	Sell Price: 22.89	Loss: Close Day2 ($ 23.71)	Engulfing	Sell
005 02 Oct 2023	Sell Price: 24.50	Profit: Open Day1 ($ 24.31)	Engulfing	Sell
006 08 Aug 2023	Sell Price: 28.05	Profit: Open Day1 ($ 27.84)	Abandoned Baby	Sell
007 21 Jul 2023	Sell Price: 28.26	Profit: Close Day2 ($ 28.03)	Abandoned Baby	Sell
008 21 Jul 2023	Sell Price: 28.23	Profit: Close Day2 ($ 28.03)	Engulfing	Sell
009 05 Jun 2023	Sell Price: 25.46	Loss: Close Day2 ($ 27.12)	Engulfing	Sell
010 05 Jun 2023	Sell Price: 25.49	Loss: Close Day2 ($ 27.12)	Dark Cloud Cover	Sell
011One Year Average	Both Sides Result for 10 Signals	Loss: $ -5.49 ($ -0.55 / Signal) -19.2% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for FITB Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	37.03	SELL	2	36.91	SELL
3	37.04	SELL	3	36.84	SELL
5	36.78	BUY	5	36.56	BUY
8	35.79	BUY	8	36.23	BUY
13	35.50	BUY	13	35.96	BUY
21	35.75	BUY	21	35.81	BUY
34	35.91	BUY	34	35.62	BUY
55	35.23	BUY	55	35.17	BUY
90	34.96	BUY	90	34.19	BUY
200	30.43	BUY	200	32.20	BUY

Company Info +

Name & IPO

Fifth Third Bancorp
IPO: 2011-01-20

Stock Ticker & Exchange

Ticker: FITBIndices: S&P 500,
Exchange: Nasdaq Nms - Global Market (US - USD)

Contact

Website: https://www.53.com/
Phone:

Stock Type

Common Stock

SIC Office

Finance ()

Industry

State Commercial Banks

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.