During Wednesday's Lightning Round of Mad Money one caller asked Jim Cramer about KeyCorp (KEY) . "This is a great company but that 7% yield is a red flag. We need another bailout plan."
Let's check out the indicators and charts of KEY.
In the daily bar chart of KEY, below, we can see the crushing February-March decline where the stock was more than cut in half in just a few short weeks. Prices recovered slightly into late April but have since rolled over to the downside.
KEY is below the declining 50-day moving average line after some recent rally failures to the underside of the line. The 200-day moving average line has been bearish since early March.
The On-Balance-Volume (OBV) line declined into early April and has not recovered all that much. The Moving Average Convergence Divergence (MACD) oscillator is turning down again from the underside of the zero line - another sell signal.


