Fifth Third Banco (FITB) Offering Possible 11.11% Return Over the Next 27 Calendar Days

Fifth Third Banco's most recent trend suggests a bearish bias. One trading opportunity on Fifth Third Banco is a Bear Call Spread using a strike $38.00 short call and a strike $45.00 long call offers a potential 11.11% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $38.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $6.30 would be incurred if the stock rose above the $45.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Fifth Third Banco is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Fifth Third Banco is bearish.

The RSI indicator is at 38.36 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Fifth Third Banco

Fifth Third Bancorp (FITB) Q2 2021 Earnings Call Transcript
Fri, 23 Jul 2021 04:01:18 +0000
FITB earnings call for the period ending June 30, 2021.

Fifth Third (FITB) Q2 Earnings Beat Estimates, Costs Escalate
Thu, 22 Jul 2021 15:15:03 +0000
Fifth Third (FITB) Q2 earnings top estimates on higher revenues, benefits from credit losses and a robust capital position.

From the Fifth Third Bank 2020 ESG Report: Awards and Accolades
Thu, 22 Jul 2021 14:03:18 +0000
Fifth Third Bancorp (NASDAQ: FITB) recently published its 2020 Environmental, Social and Governance Report. Within the report, the Bank presented recognition it earned as result of its commitment t…

Fifth Third Bancorp (FITB) Surpasses Q2 Earnings and Revenue Estimates
Thu, 22 Jul 2021 11:50:11 +0000
Fifth Third Bancorp (FITB) delivered earnings and revenue surprises of 13.25% and 0.22%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Fifth Third Announces Second Quarter 2021 Results
Thu, 22 Jul 2021 10:30:00 +0000
CINCINNATI, July 22, 2021–Fifth Third Bancorp (NASDAQ ®: FITB):

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