Thomson Reuters: Gain Access to the Latest Charting and News Technology, Runs on Your Desktop and your iPad , a Must for all Serious traders, info@livetradingnews.com

Subscribe to our newsletter

Trading Activity Alert: US Bancorp NYSE:USB

Profile: US Bancorp is a diversified financial services provider operating in 25 states in the western and northern U.S. It is primarily funded by low-cost core deposits from the communities it serves. The company operates four profitable segments: 1) wholesale and commercial real estate banking, 2) consumer and small business banking, 3) wealth management and securities services, and 4) payment services.

Website: http://www.usbank.com

US Bancorp shares closed above the 200-D MA Monday at 32.01.

Based on my technical analysis, as long as prices remain above the moving average then investors will view this as a sign of strength for USB.

Shares of USB edged higher 0.51 to 32.06 on lighter than usual volume.

Monday, the stock price traded between 31.78 and 32.12.

The stock’s 52 wk low is 23.81 and the high is 35.19.

The breaking through support/resistance marks can be prompted by fundamental changes that are above or below investor’s expectations.

The current support/resistance marks for USB are 31.85 and 32.59

Volume: 7-M/shrs is below the 90 day average volume of 8.8-M/shres

The stock is trading below its 20 and 50 Day MAs and above its 200 Day MA.

Earnings Date: 17 October 2012

Analyst Recommendation: Buy Early Call

The mean analyst rating for the stock: Hold.

1 yr Price Target Estimate: 39.83

Thomson Reuters: Gain Access to the Latest Charting and News Technology, Runs on Your Desktop and your iPad , a Must for all Serious traders, info@livetradingnews.com

Performance Metrics

Week Month Quarter Half Year Year

-1.71% -6.13% -4.45% +4.16% +26.45%
Analysis Overall Short Intermediate Long
Neutral (-0.22) Bearish (-0.33) Neutral (-0.17) Neutral (-0.17)

Recent CandleStick Analysis Bullish
Date Candle
15 Nov 2012 DOJI
Open Gaps
Direction Date Range
up 19 Nov 2012 31.6 to 31.78
down 12 Oct 2012 34.38 to 34.14

Support and Resistance
Type Value Conf.
resist. 35.34 2
resist. 34.93 2
resist. 34.45 3
resist. 34.19 3
resist. 33.95 6
resist. 33.78 5
resist. 33.30 3
resist. 33.11 5
resist. 32.90 2
resist. 32.59 5
resist. 32.22 2
supp 31.85 6
supp 31.14 5

Thomson Reuters Latest Charting and News Technology, Runs on Your Desktop and your iPad

Technical Indicators
Ind. Short Inter Long
EMA VBe VBe VBe
MACD VBe Be VBe
RSI Be
TDD Bu
Fibs VBe Be Be
Highs Be N VBu
Lows Be Bu VBu
Trends VBe N N
Stoch. VBu
VBu=Very Bullish, Bu=Bullish
N=Neutral
Be=Bearish, VBe=Very Bearish