FITB Makes Bullish Cross Above Critical Moving Average

09/22/2014 7:00 am EST

Focus: FINANCIALS

The staff at DividendChannel.com charts this leading bank stock that just crossed above its 200-day moving average and how that compares to the low and high points in its 52-week range.

In trading on Friday, shares of Fifth Third Bancorp (FITB) crossed above their 200-day moving average of $21.11, changing hands as high as $21.18 per share. Fifth Third Bancorp shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of FITB shares, versus its 200-day moving average:

chart
Click to Enlarge

Looking at the chart above, FITB's low point in its 52-week range is $17.49 per share, with $23.90 as the 52-week high point—that compares with a last trade of $21.17.

By the Staff of DividendChannel.com

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