RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of USB
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US Bancorp stock price ended at $44.70 on Thursday, after gaining 1.59%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 22, 2024 Gain 8.10% PDF

The US Bancorp stock price gained 1.59% on the last trading day (Thursday, 28th Mar 2024), rising from $44.00 to $44.70. During the last trading day the stock fluctuated 1.38% from a day low at $44.30 to a day high of $44.91. The price has been going up and down for this period, and there has been a 5.55% gain for the last 2 weeks. Volume fell on the last day by -650 thousand shares and in total, 5 million shares were bought and sold for approximately $240.20 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock has broken the horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $43.87 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach $47.38 sometime during the next 3 months.

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USB Signals & Forecast

The US Bancorp stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $43.90 and $42.25. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 07, 2024, and so far it has risen 12.00%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for US Bancorp stock

On the downside, the stock finds support just below today's level from accumulated volume at $40.84 and $40.82. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, US Bancorp finds support just below today's level at $40.84. If this is broken, then the next support from accumulated volume will be at $40.82 and $40.10.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.610 between high and low, or 1.38%. For the last week the stock has had daily average volatility of 1.92%.

Our recommended stop-loss: $43.22 (-3.30%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 35 days ago.)

Trading Expectations (USB) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect US Bancorp to open at $44.64, and during the day (based on 14 day Average True Range), to move between $43.72 and $45.68, which gives a possible trading interval of +/-$0.98 (+/-2.20%) up or down from last closing price. If US Bancorp takes out the full calculated possible swing range there will be an estimated 4.40% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $40.84, some $3.86 (8.64%) from the current price of $44.70, our system finds the risk reward attractive.

Is US Bancorp stock A Buy?

Several short-term signals are positive and the stock has broken the horizontal trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for US Bancorp stock to perform well in the short-term period.

Current score: 4.500 Buy Candidate Unchanged

Predicted Opening Price for US Bancorp of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$44.64 ( 0.142%) $44.70

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for USB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 45.25 1.22 %
R2 45.01 0.702 %
R1 44.87 0.380 %
Current price: 44.70
Support S1 44.40 -0.663 %
S2 44.26 -0.99 %
S3 44.03 -1.51 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 44.70
Support S1 40.84 -8.64%
S2 40.82 -8.68%
S3 40.10 -10.29%

USB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 12, 2024 Mar 27, 2024 Apr 15, 2024 $0.490 1.10%
2 Dec 12, 2023 Dec 29, 2023 Jan 16, 2024 $0.490 1.18%
3 Dec 12, 2023 Dec 28, 2023 Jan 16, 2024 $0.490 1.18%
4 Sep 12, 2023 Sep 28, 2023 Oct 16, 2023 $0.480 1.47%
5 Jun 13, 2023 Jun 29, 2023 Jul 17, 2023 $0.480 1.36%

FAQ

What is the symbol for US Bancorp Stock and on which exchange is it traded?
The symbol for US Bancorp is USB and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell US Bancorp Stock?
Several short-term signals are positive and the stock has broken the horizontal trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for US Bancorp stock to perform well in the short-term period.

How to buy US Bancorp Stock?
US Bancorp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy US Bancorp Stock.

What's the current price of US Bancorp Stock?
As of the end of day on the 2024-03-28, the price of an US Bancorp (USB) share was $44.70.

What is the 52-week high and low for US Bancorp Stock?
The 52-week high for US Bancorp Stock is $45.84 and the 52-week low is $27.27.

What is the market capitalization of US Bancorp Stock?
As of the 2024-03-28, the market capitalization of US Bancorp is 69.656B.

When is the next earnings date for US Bancorp?
The upcoming earnings date for US Bancorp is Apr 17, 2024.
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About US Bancorp

US Ban U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States. It operates in Corporate and Commercial Banking, Consumer and Business Banking, Wealth Management and Investment Services, Payment Services, and Treasury and Corporate Support segments. The company offers depository services, in... USB Profile

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