Fulton Financial Corp

FULT remains in a Stage 2 advancing uptrend with supportive higher EMAs and healthy pullbacks, but the mid-July blow-off top and overbought readings argue against chasing. Price is extended into resistance, so patience and a pullback into the rising 9/21 EMA band offers the most favourable entry on a structurally intact trend.

• ↑Q2 op income $115.9M ($0.60/share), NII up 8% to $284.3M
• ↑Blue Foundry integration boosts net interest income by ~$17.5M
• ↓Deposit costs rose ~2bps, pressuring net interest margin