U.S. Bancorp stock: buy or sell

USB stock price: $56.04 -0.20% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021


U.S. Bancorp stock brief

  • U.S. Bancorp closed on Wednesday at $56.04 after scarcely changing a -0.20%.
  • On July 15, U.S. Bancorp presented its Q2 earnings report
  • U. S. Bancorp, a financial services holding company, provides various financial services in the United States.

Should I buy U.S. Bancorp stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $USB stock a buy?

Currently, U.S. Bancorp stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $USB in coming sessions, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell U.S. Bancorp stock?

When you own a stock with some profit, it's really hard to decide the correct moment to sell and get your benefits. In the same way as when we have to buy shares, determining when is appropiate time to sell is not a capricious decision, and we must use our own trading style. When selling, as well as buying, detailed setups are very easy to follow but are only valid for selling stocks you already own, not for selling short $USB stock

As a rule of thumb, you must never mantain an operation that results in greater losses than those expected by the time of the buy. The timing to sell shares always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell U.S. Bancorp stock?

In the current situation of U.S. Bancorp there is not any eligible sell setup, so U.S. Bancorp stock holders with operations in profit can keep their positions

U.S. Bancorp ratings

We don't have any rating published in the last month for U.S. Bancorp

U.S. Bancorp stock analysis

SMAs overview

USB stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $57.19 (2.05% above)
  • R2: $59.73 (6.58% above)
  • R3: $62.01 (10.65% above)
  • The current support levels are:

  • S1: $54.20 (-3.28% below)
  • S2: $53.69 (-4.19% below)
  • S3: $53.67 (-4.23% below)
  • Bollinger bands

    Since the price surpassed the upper band on July 15, the price has been corrected downwards by 6.18%. Since the price broke down the lower band on July 19, the price bounced off by 3.39%. The price is trading near to the lower Bollinger band, indicating some level of oversold in recent sessions. This is not a buy signal, as price can trade in these levels for many days and weeks

    USB stock Bollinger Bands chart

    Relative strength index

    The RSI crossed up the oversold line of 30 in mid-June after just being in the oversold zone for just one day (what can be considered a strength signal). The RSI value on Wednesday was 46.76

    USB stock RSI chart

    U.S. Bancorp stock price history

    U.S. Bancorp went public priced at an adjusted price1 of $0.17 on May 1973. Since then, USB stock surged by 32,864.71%, with an average of 684.68% per year. If you had invested thousand dollars in U.S. Bancorp stock on the IPO, it would be valued $329,647.06 today.

    1: Adjusted price after possible price splits or reverse-splits

    USB stock price history chart

    Price target for U.S. Bancorp stock

    Nobody can predict how much a stock will be priced tomorrow. However, many stock price forecasts are published every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions publish their price predictions based on the stock price action and the company fundamental data. Most of these predictions follow the release of new fundamental information by the company, and usually. Again, these forecasts are not direct recommendations for individual investors and should not be followed blindly.

    In the previous 30 days we couldn't find any price target posted for U.S. Bancorp stock.

    Earnings and financials

    U.S. Bancorp ($USB) had the quarterly financial call and presented the report on July 15. The company posted adjusted EPS that improved Market expectations. Quarterly EPS was $1.28 per share vs the estimates of $1.14.

    For comparison, the EPS for the same quarter last year was $0.41, so posted EPS is a increase of 212.20%. Looking at turnover, figures skyrocketed a 47.01% compared to $40.3B same quarter a year ago.

    U.S. Bancorp ($USB) will host the earnings call next October. Wall Street analysts estimate of $1.13, that is a 11.72% less than Q2.

    U.S. Bancorp performance

    USB performance compared
    U.S. Bancorp ($USB) -2.00% -5.00% 30.30%

    Important note:
    The comments expressed in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this paper does not have an understanding of the individual positions of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are posted for general educational reasons only

    U.S. Bancorp summary

    Wednesday, July 28th, 2021
    Day range$55.47 - $56.62
    Previous close$56.15
    Session gain-0.20%
    Average true range$2.12
    50d mov avg$57.72
    100d mov avg$57.13
    200d mov avg$50.63
    Earnings dateOctober 14th, 2021

    Frequently asked questions

    What is U.S. Bancorp stock symbol?

    U.S. Bancorp is a public company trading in the US stock market with the USB symbol

    Is U.S. Bancorp stock a buy or sell?

    U.S. Bancorp had no ratings in the last four weeks Read the article to get additional tips on trading USB stock.

    Will USB go up?

    There were no forecasts published by analysts in the last month for U.S. Bancorp.