Fifth Third Bancorp Stock Technical Analysis

FITB Stock  USD 36.55  0.30  0.83%   
As of the 23rd of April, Fifth Third shows the Mean Deviation of 1.29, coefficient of variation of 1279.21, and Downside Deviation of 1.62. Fifth Third Bancorp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Fifth Third Bancorp, which can be compared to its peers. Please confirm Fifth Third Bancorp coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Fifth Third Bancorp is priced favorably, providing market reflects its regular price of 36.55 per share. Given that Fifth Third has jensen alpha of 0.0117, we urge you to verify Fifth Third Bancorp's prevailing market performance to make sure the company can sustain itself at a future point.

Fifth Third Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fifth, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Fifth
  
Fifth Third's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Fifth Third Analyst Consensus

Target PriceAdvice# of Analysts
30.89Buy24Odds
Fifth Third Bancorp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Fifth analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Fifth stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Fifth Third Bancorp, talking to its executives and customers, or listening to Fifth conference calls.
Fifth Analyst Advice Details
Fifth Third technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Fifth Third technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fifth Third trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Fifth Third Bancorp Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Fifth Third Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Fifth Third Bancorp Trend Analysis

Use this graph to draw trend lines for Fifth Third Bancorp. You can use it to identify possible trend reversals for Fifth Third as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Fifth Third price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Fifth Third Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Fifth Third Bancorp applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Fifth Third Bancorp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 68.42, which is the sum of squared deviations for the predicted Fifth Third price change compared to its average price change.

About Fifth Third Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Fifth Third Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Fifth Third Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Fifth Third Bancorp price pattern first instead of the macroeconomic environment surrounding Fifth Third Bancorp. By analyzing Fifth Third's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Fifth Third's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Fifth Third specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02930.0410.04490.0236
Price To Sales Ratio3.922.721.861.77

Fifth Third April 23, 2024 Technical Indicators

Most technical analysis of Fifth help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Fifth from various momentum indicators to cycle indicators. When you analyze Fifth charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Fifth Third April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Fifth stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fifth Third Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Fifth Stock analysis

When running Fifth Third's price analysis, check to measure Fifth Third's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fifth Third is operating at the current time. Most of Fifth Third's value examination focuses on studying past and present price action to predict the probability of Fifth Third's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fifth Third's price. Additionally, you may evaluate how the addition of Fifth Third to your portfolios can decrease your overall portfolio volatility.
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Is Fifth Third's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fifth Third. If investors know Fifth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fifth Third listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
1.38
Earnings Share
3.22
Revenue Per Share
11.899
Quarterly Revenue Growth
(0.02)
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.