|
|
Downtrend ExhaustionArchive
- 4/25/2025 -
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 third consecutive positive week for the U.S. Bancorp (USB). During the week, the USB gained 1.72 points, or 4.50%, and closed at 39.92 on Friday, April 25, 2025. It was the best weekly gain since November 22, 2024. Weekly volume was 10% above average.
 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 (45.93) 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. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See USB weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 below its signal line since December 27, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
 Short-term trend: [See USB short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 35.18 and reached 41.15 on April 23, 2025. USB gained -5.97 points, or -16.97%, in 16 days. The price is now at the 20.60% retracement level.
Daily Technical Indicators: [See USB daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since April 16, 2025. This is an indication that the short-term trend is up.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.
| |
|
|