US BANCORP (USB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:USB - US9029733048 - Common Stock
Taking everything into account, USB scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, USB is only an average performer.
USB has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
44.47
We found 4 important support areas.
- A support zone ranging from 53.35 to 54.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.35 from a trend line in the weekly time frame.
- A support zone ranging from 47.02 to 47.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 44.92 to 45.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 55.54 to 56.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for USB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USB is up. |
| ChartMill Relative Strength | 79.22 | POSITIVE | USB has a high relative strength, it outperformed 79.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of USB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.87 | NEUTRAL | The RSI value for USB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests USB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 78.11 | NEUTRAL | The Stochastics value for USB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for USB suggests low volalility. |
| Average Directional Index/ADX (14) | 41.53 | POSITIVE | The high ADX value value for USB suggests a strong trend. |
55.53
+0.66 (+1.2%)
US BANCORP / USB FAQ
Can you provide the ChartMill technical rating for US BANCORP?
ChartMill assigns a technical rating of 8 / 10 to USB.
What is the current trend direction of US BANCORP (USB) stock?
The current trend direction for US BANCORP (USB) is Bullish.
What is the RSI signal for USB stock?
US BANCORP (USB) has an RSI value of 64.869. This indicates that the stock is currently neutral.
Can you provide the short term momentum for US BANCORP?
The short term momentum for US BANCORP (USB) is positive.
What is the buy/sell signal for USB stock?
The buy/sell signal for US BANCORP (USB) is buy as both the short term and long term trends are positive.