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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Green day on Wednesday for US Bancorp stock after gaining 1.08%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 22, 2024 Gain 6.41% PDF

The US Bancorp stock price gained 1.08% on the last trading day (Wednesday, 27th Mar 2024), rising from $43.53 to $44.00. During the last trading day the stock fluctuated 1.76% from a day low at $43.26 to a day high of $44.02. The price has fallen in 6 of the last 10 days but is still up by 1.22% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $265.03 million.

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $44.48 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect US Bancorp stock with a 90% probability to be traded between $40.53 and $44.90 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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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 $43.54 and $42.11. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -1.01%. Further fall is indicated until a new bottom pivot has been found. 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 $0.760 between high and low, or 1.76%. For the last week the stock has had daily average volatility of 2.12%.

Our recommended stop-loss: $42.14 (-4.22%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (USB) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect US Bancorp to open at $43.76, and during the day (based on 14 day Average True Range), to move between $43.01 and $44.99, which gives a possible trading interval of +/-$0.99 (+/-2.24%) up or down from last closing price. If US Bancorp takes out the full calculated possible swing range there will be an estimated 4.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $44.45 (1.02%) than the support at $40.84 (7.18%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is US Bancorp stock A Buy?

Several short-term signals are positive and 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: 3.980 Buy Candidate Unchanged

Predicted Opening Price for US Bancorp of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$43.76 ( 0.545%) $44.00

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 44.52 1.18 %
R2 44.23 0.522 %
R1 44.05 0.114 %
Current price: 44.00
Support S1 43.47 -1.21 %
S2 43.29 -1.61 %
S3 43.00 -2.27 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 44.45 1.02 %
Current price 44.00
Support S1 40.84 -7.18%
S2 40.82 -7.23%
S3 40.10 -8.86%

USB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 12, 2024 Mar 27, 2024 Apr 15, 2024 $0.490 1.11%
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 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 2024-03-27, the price of an US Bancorp (USB) share was $44.00.

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 2024-03-27, the market capitalization of US Bancorp is 67.833B.

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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