US BANCORP (USB) Stock Technical Analysis
NYSE:USB - New York Stock Exchange, Inc. - US9029733048 - Common Stock - Currency: USD
Overall USB gets a technical rating of 3 out of 10. USB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
USB is one of the lesser performing stocks in the Banks industry. 61% of 396 stocks in the same industry do better.
USB has an average volume of 9969450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, USB outperforms 64% of them, which is more or less in line with the market.
USB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so USB is lagging the market slightly.
In the last month USB has a been trading in the 42.21 - 45.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of USB is bad and it also does not present a quality setup 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
36.45
48.22
3 important support areas can be observed.
- Support @42.98 from a horizontal line in the daily time frame.
- Support @37.66 from a trend line in the weekly time frame.
- Support @36.82 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 44.92 to 45.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @47.74 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for USB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for USB is neutral. |
| ChartMill Relative Strength | 64.22 | NEUTRAL | USB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of USB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of USB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of USB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.66 | NEUTRAL | The RSI value for USB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests USB has a negative trend. |
| Stochastics (14,3) | 43.83 | NEUTRAL | The Stochastics value for USB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for USB suggests low volalility. |
| Average Directional Index/ADX (14) | 24.91 | NEUTRAL | The ADX value for USB suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
42.99
-1.17 (-2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.65%
1 Week-3.98%
2 Weeks-1.38%
1 Month-3.57%
3 Month2.31%
6 Month-15.76%
12 Month10.71%
2 Year30.11%
3 Year-6.58%
5 Year16.76%
10 Year-0.94%
15 Year92.35%
Volatility
ATR(14)0.81
ATR(20)%1.91%
ATR Inc19.86%
Range Today0.95
ADR(20)0.74
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.22
Mansfield-0.86
10 Day High45.41
10 Day Low42.78
20 Day High45.41
20 Day Low42.21
52 Week High53.98
52 Week Low35.18
CS1 End42.98
CR1 Start44.92
Volume & EV
DER(3)2.79%
DER(5)1.22%
Volume9.47M
Volume Incr20.09%
Vol(5)8.69M
Vol(50)9.97M