Live monitoring of the Rectangle setup on KEY. See where price is heading.
Sideways movement between parallel supports.
Gradual reversal from bearish to bullish.
Consolidation. Can break either way.
Bullish continuation pattern.
Technical analysis of KeyCorp (KEY) reveals a significant setup. The stock is trading at $21.41, down 0.02% on the day. The primary technical feature is a Rounding Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $22.55, targeting $26.37 with support near $20.64 (R:R 2.0).
What is your outlook on KEY?