US BANCORP (USB)

US9029733048 - Common Stock

51.39  +0.65 (+1.28%)

After market: 51.39 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, USB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, USB has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that USB is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by USB over the past year are nicely spread over this period.
USB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month USB has a been trading in the 47.14 - 52.08 range, which is quite wide. It is currently trading near the high of this range.
USB has an average volume of 8290860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
USB is part of the Banks industry. There are 404 other stocks in this industry, USB did better than 56% of them.
Weekly and Daily overview Charts
USB Weekly chart
USB Daily chart
Setup Rating and Analysis

7

USB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 51.40. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

39.05

51.91

We found 5 important support areas.

  • A support zone ranging from 50.65 to 51.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 49.09 to 49.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @43.97 from a horizontal line in the daily time frame.
  • Support @40.63 from a horizontal line in the daily time frame.
  • Support @39.44 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 51.40 to 51.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.89
Mansfield0.56
10 Day High52.08
10 Day Low49.35
20 Day High52.08
20 Day Low47.14
52 Week High52.08
52 Week Low36.49
Performance
1 Week2.15%
2 Weeks3.69%
1 Month6.07%
3 Month13.22%
6 Month26.8%
12 Month38.15%
2 Year13.22%
3 Year-7.14%
5 Year-14.39%
10 Year16.27%
15 Year112.97%
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)62.12
LBB47.69
UBB52.62
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
51.4150.640.77 (1.50%)25.00%
An entry @51.41. This is a Buy Stop order right above the resistance zone.An exit @50.64. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.77 points, which is 1.50%.For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of USB. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
USB Daily chart

US BANCORP

NYSE:USB (11/21/2024, 7:00:00 PM)

After market: 51.39 0 (0%)

51.39

+0.65 (+1.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.28%
1 Week2.15%
2 Weeks3.69%
1 Month6.07%
3 Month13.22%
6 Month26.8%
12 Month38.15%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.25
ATR(20)%2.26%
ATR Inc
Range Today1.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High52.08
10 Day Low49.35
20 Day High52.08
20 Day Low47.14
52 Week High52.08
52 Week Low36.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.60M
Volume Incr5.25%
Vol(5)8.47M
Vol(50)8.29M