The Greedy Trader Weekly Analysis
Sign In Jul 20, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Fifth Third Bancorp
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support lineBroken trend resistance lineWilliams' Percentage Range and Lane's Stochastic are oversold
Daily :Stochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was the negative week for the Fifth Third Bancorp (FITB). During the week, the FITB gave back -0.05 points, or -0.17%, and closed at 29.09 on Friday, July 13, 2018. FITB was trading at average weekly trading volume.

Long-term trend: [See FITB long-term trend chart]
A long-term uptrend had started on February 11, 2016 at 13.84 and reached 34.67 on May 15, 2018. FITB gained -20.83 points, or -150.51%, in 117 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (31.22) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.

Medium-term trend: [See FITB medium-term trend chart]
A medium-term downtrend had started on May 15, 2018 at 34.67 and reached 28.55 on June 28, 2018. FITB lost 6.12 points, or 17.65%, in 6 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (27.86) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See FITB weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 23, 2018. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See FITB short-term trend chart]
A short-term uptrend had started on June 28, 2018 at 28.55 and reached 30.19 on July 10, 2018. FITB gained -1.64 points, or -5.74%, in 12 days. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern.

Daily Technical Indicators: [See FITB daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.53
Williams' Percentage Range (W%R) 73.10
Lane's Stochastic (%D-Slow) 61.02
Greed/Fear Indicator (GFI) 41.81
Moving Average Converg./Diverg. (MACD) -0.59
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.74
Williams' Percentage Range (W%R) 89.50
Oversold
Lane's Stochastic (%D-Slow) 13.66
Oversold
Greed/Fear Indicator (GFI) 23.42
Moving Average Converg./Diverg. (MACD) 0.39
Trading Signals
Description Value Chart
Quarterly Trendline Support 31.22
Upper Bollinger Band 31.18
50 Day Moving Average 31.14
20 Day Moving Average 29.65
Daily Stochastic Crossing 29.44
Weekly Stochastic Crossing 29.16
Price 29.09
Parabolic System 28.77
Lower Bollinger Band 28.36
Weekly Trendline Support 27.86
Weekly Trendline Resistance 27.85
Sector and Industry
Description Name Rank
Sector Financial 3
Industry Regional-Midwest Banks 36
Daily Trend
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Low 28.55
Low Date 06/28/2018
High 30.19
High Date 07/10/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 27.85
Support 27.86
High 34.67
High Date 05/15/2018
Low 28.55
Low Date 06/28/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 23.20
Low Date 06/01/2017
High 34.67
High Date 05/15/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 35.44
Support 31.22
Low 13.84
Low Date 02/11/2016
High 34.67
High Date 05/15/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 1.01
Low Date 02/20/2009
High 34.67
High Date 05/15/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.