Keycorp shares are listed on December 30, 2022, at 10:00 pm on the New York Stock Exchange at a price of $17.43. Keycorp shares are assigned to the “Regional Banks” segment.
We have analyzed this share in 8 points and given the ratings “Buy”, “Hold” and “Sell”. At the end of the analysis you will find the resulting overall rating.
1. Relative Strength Index: The Relative Strength Index (also Relative Strength Index, RSI for short) is used in technical analysis to assess whether a security is overbought or oversold. As a result, overbought stocks are more likely to see short-term price setbacks, while oversold stocks are more likely to see price gains. For this point of analysis, we consider the 7-day and 25-day RSI for Keycorp. RSI7 first: This is currently at 13.89 points, indicating that Keycorp is oversold. This gives the stock a Buy rating for the 7-day RSI. The 25-day RSI fluctuates less by comparison. RSI25 sits at 63.2 which means that Keycorp is neither overbought nor oversold here, unlike RSI7. The title is therefore classified differently as “Hold”. Together, this gives Keycorp security a “buy” rating in this section.
2. Investors: The mood in social networks has been mostly positive in recent days. In ten days the discussion was mainly characterized by positive arguments, while in one day negative communication prevailed. In recent days, however, investors have increasingly been talking about negative topics in relation to the Keycorp company. As a result, the editors rated the share as “Hold”. Statistical assessments based on large amounts of historical data have shown a glut of buy signals over the past two weeks. In particular, there were 2 “buy” signals (with 0 “sell” signal) based on the communication, which leads to a “buy” evaluation of this criterion. In summary, this translates into a “buy” valuation for investor sentiment.
3. Dividend: Those currently investing in Keycorp stock can earn a 1.07 percentage point lower yield with a 4.77% dividend yield than the commercial banking industry average. As a result, the company’s dividends are lower, resulting in a “Sell” rating for the group’s dividend policy.
Should KeyCorp investors sell immediately? Or is it worth starting?
How will KeyCorp develop now? Is it worth entering, or should investors rather sell? Discover the answers to these questions and why you need to act now in KeyCorp’s current analysis.
