Fifth Third Banco (FITB) Offering Possible 13.64% Return Over the Next 34 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 $45.00 short call and a strike $50.00 long call offers a potential 13.64% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $45.00 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 rose above the $50.00 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 73.13 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 to Invest $20 Million to South Chicago through Neighborhood Investment Program
Thu, 14 Oct 2021 20:31:06 +0000
CHICAGO, October 14, 2021 /3BL Media/ – Fifth Third Bank and Enterprise Community Partners today announced the establishment of a neighborhood program to support and revitalize the South Chicago ne…

Fifth Third Bank, Accion Opportunity Fund to Host Fireside Chat on Resources, Options for Small Businesses
Thu, 14 Oct 2021 14:31:09 +0000
Leaders will focus on post-pandemic recovery for entrepreneurs of color

Fifth Third donating $20 million to Cincinnati neighborhood
Wed, 13 Oct 2021 17:33:51 +0000
Fifth Third Bank has committed to a massive $20 million investment to a Cincinnati neighborhood as part of a $180 million neighborhood investment program.

Fifth Third Announces $180 Million Neighborhood Investment Program in Collaboration with Enterprise Community Partners to Accelerate Revitalization of Nine Communities
Wed, 13 Oct 2021 14:06:06 +0000
Commitment will create transformational impact across footprint

Will Fee Income Growth Buoy Fifth Third's (FITB) Q3 Earnings?
Wed, 13 Oct 2021 10:26:10 +0000
While efforts to curb expenses and grow fee income are likely to have aided Fifth Third's (FITB) Q3 earnings, uncertainty surrounding regulatory and economic backdrop have affected lending activity.

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