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Archive - 8/8/2025 - Sign In to see current Signals. |
U.S. Bancorp (USB) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the U.S. Bancorp (USB). During the week, the USB gained 0.92 points, or 2.09%, and closed at 44.86 on Friday, August 8, 2025. Weekly volume was -32% below average. USB is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See USB long-term trend chart] A long-term uptrend had started on May 4, 2023 at 27.27 and reached 53.98 on November 27, 2024. USB gained -26.71 points, or -97.95%, in 81 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 36.70 and resistance is at 61.04. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See USB medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 35.18 and reached 48.39 on July 7, 2025. USB gained -13.21 points, or -37.55%, in 13 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 44.28 and resistance is at 47.17. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See USB weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since May 23, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See USB short-term trend chart] A short-term downtrend had started on July 7, 2025 at 48.39 and reached 43.46 on August 1, 2025. USB lost 4.93 points, or 10.19%, in 25 days. The chart has formed a Falling Wedge chart pattern. The trend support level is at 43.25 and resistance is at 45.26. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a short-term trend.
Daily Technical Indicators: [See USB daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since July 14, 2025. This is an indication that the short-term trend is down. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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