Third-quarter earnings for super-regional banks are extremely important as they measure the fundamental performances of the banks that service Main Street and the needs of small businesses across the country.

BB&T (BBT - Get Report) is in bull market territory up 29.7% since its Feb. 11 low of $29.95 and has a positive but overbought weekly chart. BB&T reports earnings on Oct. 19 and analysts expect this regional bank to earn 70 cents a share.

M&T Bank (MTB - Get Report) is up a solid 18% since its Feb. 11 low of $100.08 and will have a positive weekly chart given a close on Friday above its key weekly moving average of $116.81. M&T reports earnings on Oct. 19 and analysts expect this regional bank to earn $2.03 a share.

PNC Financial (PNC - Get Report) is up 17.8% since its Feb. 11 low of $77.67 and has a positive but overbought weekly chart. PNC reports earnings on Oct. 14 and analysts expect this regional bank to earn $1.78 a share.

SunTrust (STI - Get Report) is in bull market territory up 47.2% since its Feb. 11 low of $31.07 and now has a positive but overbought weekly chart. SunTrust reports earnings on Oct. 21 and analysts expect this regional bank to earn 89 cents a share.

U.S. Bancorp (USB - Get Report) is up 17.8% since its Feb. 11 low of $37.07 and has a neutral weekly chart given a close on Friday above its key weekly moving average of $43.04. Otherwise, this chart will be negative. U.S. Bancorp reports earnings on Oct. 19 and analysts expect this regional bank to earn 84 cents a share.

According to Federal Deposit Insurance Corp. data, loans to individuals are rising as is credit card debt is increasing. My concern is about those zero percent teaser rate offerings that pop to interest rates as high as 24.9% within 12 months or so. This rate shock could cause a wave of credit card defaults.

Commercial and industrial loans are on the rise with a growing exposure to noncurrent loans to the energy sector. This will lead to an increase in noncurrent loans to oil and gas producers, and increase reserves for losses.

Here's a scorecard for the five regional banks.

 

Here's the daily for BB&T Corp.

Courtesy of MetaStock Xenith

The horizontal lines on the daily chart for BB&T are the Fibonacci retracements from the July 23, 2015, high of $41.90 to the Feb.11 low of $29.95.

The stock has been above its 200-day simple moving average (green line at $35.28) on July 11. The stock has been above its 50% retracement of $35.93 since July 14. The 61.8% retracement of $37.33 has been a magnet since Aug. 5 and the stock set its 2016 high of $39.01 this morning.

Investors looking to buy the stock should consider doing so on weakness to $32.71, which is a key level on technical charts until the end of 2016. A key level of $37.44 should be a magnet until the end of 2016.

Investors looking to reduce holdings should consider selling strength to $39.24, which is a key level on technical charts until the end of 2016.

Here's the daily chart for M&T Bank Corp.

Courtesy of MetaStock Xenith

The horizontal lines on the daily chart for M&T Banks shows the Fibonacci retracements from the July 23, 2015, high of $134.00 to the Feb.11 low of $100.08.

The 200-day simple moving average (green line) now at $114.05 has been a technical support since Aug. 5. The stock has been trading back and forth around its 50% retracement of $117.04 also since Aug. 5 and is currently below this level.

Investors looking to buy the stock on weakness to $111.89, which is a key level on technical charts until the end of 2016. A key level of $117.18 should be a magnet for the remainder of 2016.

Investors looking to reduce holdings should consider selling strength to $119.75, which is a key level on technical charts until the end of October. The stock remains below the price gap to the Dec. 31 low of $121.18.

Here's the daily chart for PNC Financial.

Courtesy of MetaStock Xenith

The horizontal lines on the daily chart for PNC shows the Fibonacci retracements from the July 23, 2015, high of 100.52 to the Feb.11 low of $77.67.

The stock has been above its 200-day simple moving average (green line at $86.76) on Aug. 29. The 50% retracement of $89.10 has been a magnet since Aug. 31. The stock tested its 61.8% retracement of $91.79 the last two trading days.

Investors looking to buy the stock should consider doing so on weakness to $86.18 and $76.11 and $76.11, which are key levels on technical charts until the end of October, and the end of 2016, respectively.

Investors looking to reduce holdings should consider selling strength to $94.59 and $105.50, which are key levels on technical charts until the end of 2016. The stock remains below the price gap to the Dec. 31 low of $95.20.

Here's the daily chart for SunTrust

Courtesy of MetaStock Xenith

The horizontal lines on the daily chart for SunTrust shows the Fibonacci retracements from the July 17, 2015, high of $45.84 to the Feb.11 low of $31.07. The stock set a slightly higher 2016 high of $46.21 this morning.

The stock has been above its 200-day simple moving average (green line at $39.66) on July 6 and above its 61.8% retracement of $40.20 also on July 6.

Investors looking to buy the stock should consider doing so on weakness to $44.60, which is a key level on technical charts until the end of 2016. The $45.81 level should be a magnet for October as it was today.

Investors looking to reduce holdings should consider selling strength to $47.74, which is a key level on technical charts until the end of 2016.

Here's the daily chart for U.S. Bancorp.

Courtesy of MetaStock Xenith

The horizontal lines on the daily chart for U.S. Bancorp shows the Fibonacci retracements from the July 16, 2015 high of $46.26 to the Feb.11 low $37.07.

The stock has been above its 200-day simple moving average (green line at $41.43) on Aug. 3 and above its 50% retracement of $41.67 also on Aug. 3. The stock traded has been trading back and forth around its 61.8% retracement of $42.76 between Aug. 5 and Oct. 4 and well above this milestone today.

Investors looking to buy the stock should consider doing so on weakness to $35.85, which is a key level on technical charts until the end of 2016.

The $43.15 and $43.73 levels should be magnets until the end of 2016 and the end of October, respectively.

Investors looking to reduce holdings should consider selling strength to $47.09, which is a key level on technical charts until the end of 2016.

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.