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Technical Snapshots for These Banking Stocks — Huntington Bancshares, KeyCorp, US Bancorp, and Fifth Third Bancorp

Jun 16, 2017 - (Newswire)

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Aside from operating in the Midwest region of a country, Regional Midwest Banks provide a wide range of financial services, which include deposits, loans, leases, mortgages, credit cards, and ATM services. In today's pre-market research, DailyStockTracker.com takes a closer look at the most recent performances of Huntington Bancshares Inc. (NASDAQ: HBAN), KeyCorp (NYSE: KEY), U.S. Bancorp (NYSE: USB), and Fifth Third Bancorp (NASDAQ: FITB). Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:

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Huntington Bancshares

Shares in Columbus, Ohio headquartered Huntington Bancshares Inc. saw a slight drop of 0.89%, ending Thursday's trading session at $13.29. The stock recorded a trading volume of 5.90 million shares. The Company's shares have gained 1.92% in the last one month and 0.53% on an YTD basis. The stock is trading 3.11% and 7.38% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Huntington Bancshares, which operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services, have a Relative Strength Index (RSI) of 60.13.

On June 14th, 2017, Huntington Bancshares announced that its prime rate is increasing from 4.00% to 4.25%, effective June 15th, 2017. The rate was last changed on March 16th, 2017, when the Company increased its prime rate from 3.75% to 4.0%. Visit us today and access your complete report on HBAN for free at:

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KeyCorp

Cleveland, Ohio headquartered KeyCorp's stock declined 0.64%, closing the day at $18.68 with a total trading volume of 6.85 million shares. The Company's shares have advanced 0.76% in the past month, 1.14% in the previous three months, and 2.24% since the start of this year. The stock is trading 3.68% and 11.79% above its 50-day and 200-day moving averages, respectively. Additionally, shares of KeyCorp, which operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the US, have an RSI of 63.35.

On June 13th, 2017, KeyCorp announced that it will report Q2 2017 earnings on July 20th, 2017, before the market opens. A conference call will be held at 8:30 a.m. ET to review financial results, strategy, and outlook. The complimentary research report on KEY can be accessed at:

dailystocktracker.com/registration/?symbol=KEY

US Bancorp

On Thursday, shares in Minneapolis, Minnesota headquartered US Bancorp recorded a trading volume of 7.11 million shares, which was higher than their three months average volume of 6.75 million shares. The stock ended the day 0.87% lower at $52.38. The Company's shares have advanced 0.81% in the past month and 1.97% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.84% and 5.14%, respectively. Furthermore, shares of US Bancorp, which provides a range of financial services in the US, have an RSI of 58.13.

On June 08th, 2017, US Bancorp announced that it will release its Q2 2017 earnings results before the market opens on July 19th, 2017. At 8:00 a.m. CDT, Andy Cecere, president and chief executive officer, and Terry Dolan, Vice Chairman and CFO, will host a conference call to review the financial results. Register for free on DailyStockTracker.com and download the research report on USB at:

dailystocktracker.com/registration/?symbol=USB

Fifth Third Bancorp

Cincinnati, Ohio headquartered Fifth Third Bancorp's stock dropped 0.39%, finishing yesterday's session at $25.48 with a total trading volume of 4.35 million shares. The Company's shares have advanced 2.33% in the last one month. The stock is trading above its 50-day and 200-day moving averages by 3.81% and 3.91%, respectively. Additionally, shares of Fifth Third Bancorp, which operates as a diversified financial services company in the US, have an RSI of 64.17.

On June 05th, 2017, research firm Robert W. Baird upgraded the Company's stock rating from 'Underperform' to 'Neutral', with a target price of $24 per share.

On June 14th, 2017, Fifth Third Bancorp announced that it is increasing its prime lending rate from 4% to 4.25%, effective immediately. The rate was last changed on March 15th, 2017, when the Company increased its prime lending rate from 3.75% to 4%. Get free access to your research report on FITB at:

dailystocktracker.com/registration/?symbol=FITB

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SOURCE Chelmsford Park SA

Original Source: https://www.newswire.com/news/technical-snapshots-for-these-banking-stocks-huntington-bancshares-keycorp-us

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