Today's Research on Huntington Bancshares, Fifth Third Bancorp, U.S. Bancorp, and Comerica
LONDON, April 4, 2013 /PRNewswire/ --
Weak private jobs data sent the stocks into a tizzy and all major indices closed the day firmly in red territory. Lower-than-expected jobs numbers has cast a shadow of doubt over the robustness of the economy. Markets also responded negatively to the political uncertainty surrounding North Korea's threats. We took a look at Financial sector and followed major regional banks such as Huntington Bancshares Incorporated (NASDAQ: HBAN), Fifth Third Bancorp (NASDAQ: FITB), U.S. Bancorp (NYSE: USB) and Comerica Incorporated (NYSE: CMA). StockCall professionals have completed their technical analysis on HBAN, FITB, USB, and CMA and these free reports are accessible by registering at
Huntington Bancshares Incorporated trimmed its 52 weeks gain by closing 1.10 percent lower. The stock ended its Wednesday's session at $7.19, while its highest price point for the session stood at $7.32. It traded 8.48 million shares, down from its average daily volume of 10.71 million. Huntington traded in the range of $5.81 and $7.55 in the past 52 weeks, and currently it is trading near its high price point. The company commands market capitalization of $6.07 billion and it reported its latest EPS at $1.60. Stock of HBAN grew more than 11 percent in the past 52 weeks. The stock is highly volatile as it trades at beta of 1.61. Sign up for the free technical research on HBAN at
Fifth Third Bancorp slipped marginally with above average volume to end its latest session at $15.99. The stock ended 1.05 percent lower than its previous close. Its volume for the day stood at 13.45 million shares. The stock is currently trading higher than its 20-day SMA of $15.95 and its 50-day SMA of $15.93, showing a neutral trend. Its first resistance level is at $16.12 while it may tumble down to $15.77 before receiving any support. Fifth Third's stock is up 6.67 percent on a YTD basis, while offering 2.75 percent dividend yield. The company commands market capitalization of $13.98 billion. Be sure to read our latest technical research on FITB by registering at
U.S. Bancorp ended yesterday's trading session at $33.67, down 1.26 percent from its previous close. With its latest downward movement, the stock is now up 6.28 percent on a YTD basis, while its 52 weeks gain also stands at 6.28 percent. U.S. Bancorp's stock oscillated in the range of $33.52 and $34.11 during Wednesday's session. It traded 12.53 million shares and shows a neutral trend. The stock may touch $33.79 in the coming trading sessions. Upon breaching this level, its next resistance level is at $34.38. U.S. Bancorp traded in the range of $28.58 and $35.46 in the past 52 weeks. Sign up and read the complimentary report on USB at
Comerica Incorporated sank in Wednesday's trading session. The stock closed 2.73 percent lower at $34.19 with above average volume of 3.28 million shares, showing a neutral trend. Comerica has its first support level at $33.48. Upon breaching this level, its next support level is at $32.59. The regional bank is currently trading near its 52-week high of $36.99, while its 52-week low stands at $27.72. The company commands market capitalization of $6.41 million. Comerica Inc. is also trading below its short-term and long-term average price, further confirming this neutral trend. The free report on CMA can be downloaded by signing up now at
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