Fifth Third Bancorp had its Relative Strength (RS) Rating upgraded from 68 to 72 Wednesday — a welcome improvement, but still short of the 80 or higher score you look for.
IBD's unique rating identifies share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they launch their largest climbs. See if Fifth Third Bancorp can continue to show renewed price strength and clear that threshold.
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Fifth Third Bancorp is trying to complete a consolidation with a 49.07 buy point. See if it can break out in volume at least 40% above average.
Earnings-per-share growth decreased last quarter from -8% to -9%, but the top line rose from -1% to 0%.
The company earns the No. 7 rank among its peers in the Banks-Super Regional industry group. Northern Trust, Fulton Financial and Huntington Bancshares are among the top 5 highly rated stocks within the group.
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