|
Archive - 6/6/2025 - Sign In to see current Signals. |
U.S. Bancorp (USB) Technical Analysis
|
 |
| Summary:
| | Weekly :    | | Daily :    Move cursor over the icon to see details.
| | It was a second consecutive positive week for the U.S. Bancorp (USB). During the week, the USB gained 1.18 points, or 2.71%, and closed at 44.77 on Friday, June 6, 2025. Weekly volume was -17% 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 Rising Channel chart pattern. The uptrend support line (47.06) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See USB medium-term trend chart] A medium-term downtrend had started on November 27, 2024 at 53.98 and reached 35.18 on April 7, 2025. USB lost 18.80 points, or 34.83%, in 18 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (43.84). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See USB weekly technical indicators chart] Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since May 23, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 May 16, 2025 at 45.00 and reached 42.21 on May 23, 2025. USB lost 2.79 points, or 6.2%, in 7 days. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (44.69). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
Daily Technical Indicators: [See USB daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Use the following link to access Williams' Percentage Range help. The daily MACD line is below its signal line since May 23, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. 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. The price touches the upper Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|