Trading Signals: USB Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Oct. 27, 2023)(U.S. Bancorp)
| USB latest price $32.2600 (-0.77%) ($31.9300 - $32.7600) on Thu. Oct. 12, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.85% (three month average) | RSI | 39 | Latest Price | $32.2600(-0.77%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | USB advances 0.3% a day on average for past five trading days. | Weekly Trend | USB declines -1% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support USB advance at 0% a week (0% probability) XRT(99%) GDX(91%) VFMO(90%) ARKK(89%) XME(89%) | Factors Impacting USB price | USB will decline at least -0.925% in a week (0% probabilities). VXX(-42%) UUP(-27%) VCSH(-22%) USO(-19%) VIXM(-39%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.925% (StdDev 1.85%) | Hourly BBV | -0.6 () | Intraday Trend | -0.9% | | | |
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Resistance Level | $32.85 | 5 Day Moving Average | $32.25(0.03%) | 10 Day Moving Average | $32.09(0.53%) | 20 Day Moving Average | $32.85(-1.8%) | To recent high | -19.8% | To recent low | 3.3% | Market Cap | $48.595b | | | | U.S. Bancorp operates as a bank holding company. It offers financial services, including lending and depository services, cash management, foreign exchange and trust and investment management. The firm also offers mortgage, refinance, auto, boat & RV loans, credit lines, credit card services, merchant, bank, checking & savings accounts, debit cards, online & mobile banking, ATM processing, mortgage banking, insurance, brokerage and leasing services. The company was founded in 1929 and is headquartered in Minneapolis, MN. |