Fifth Third Banco (FITB) Offering Possible 13.64% Return Over the Next 13 Calendar Days

Fifth Third Banco's most recent trend suggests a bullish bias. One trading opportunity on Fifth Third Banco is a Bull Put Spread using a strike $36.00 short put and a strike $31.00 long put offers a potential 13.64% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $36.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $31.00 long put strike price.

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

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

The RSI indicator is at 53.46 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 (FITB) Winds Up Buyout of Fintech Company Provide
Thu, 05 Aug 2021 14:22:02 +0000
Fifth Third's (FITB) acquisition of Provide underlines its continued digital innovation efforts and focus on the healthcare sector.

Fifth Third Completes Acquisition of Provide, a Fintech Company Serving Healthcare Practices Nationally
Tue, 03 Aug 2021 12:00:00 +0000
CINCINNATI, August 03, 2021–Fifth Third Bancorp (NASDAQ: FITB) today announced it has closed on the acquisition of Provide, a digital platform for healthcare practices.

CORRECTING and REPLACING Fifth Third Foundation Invests $1 Million into National Urban League Workforce Development Program
Fri, 30 Jul 2021 22:25:00 +0000
CINCINNATI, July 30, 2021–Fifth Third Bank and the National Urban League today announced a new workforce development program that will provide career advancement opportunities.

From the Fifth Third Bank 2020 ESG Report: Empowering Customers
Fri, 30 Jul 2021 14:18:17 +0000
The enduring truth about Fifth Third Bank is that our success is a product of our customers’ success. G. Carlton Hill, who was president of the Fifth Third Union Trust Company from 1955 to 1963, of…

Fifth Third Bank Announces Participation in Office of the Comptroller's Project REACh
Thu, 29 Jul 2021 14:08:22 +0000
Joining initiative to promote greater access to capital and credit for underserved populations

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