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USB-PP Stock Forecast & U.S. Bancorp Chart Analysis

This article provides a detailed analysis of USB-PP-U.S. Bancorp stock including a forecast for USB-PP shares. It features U.S. Bancorp technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

USB-PP Historical Data Review

USB-PP Current Price Performance Analysis

The U.S. Bancorp - USB-PP stock traded on the American stock market, on 06-05-2024, closed at 23.93$ with a %-0.17 decreased compared to the previous day.

In the last month, the price of USB-PP changed by %-0.58 decreased in value, from 24.07 dollars on 05-06-2024 to 23.93 dollars, decreased.

Last year, the price of USB-PP was 23.17 dollars on 06-06-2023, and changed by %3.28 increased in value, to 23.93 dollars increased within a year.

The price of U.S. Bancorp stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

USB-PP with AI Stock Forecast & Price Target

USB-PP stock forecast U.S. Bancorp price target

On the USB-PP chart U.S. Bancorp price was recorded as 23.93 Dollars on 06/05/2024.

The artificial intelligence's forecast on USB-PP stock is as follows.

The artificial intelligence's prediction error margin for USB-PP stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for U.S. Bancorp stock over the next 4 months is: 22.3 Dollars.

The commentary on USB-PP stock Target Price: Highest: 24.111 Dollars is predicted.

The commentary on USB-PP stock Target Price: Lowest: 20.558 Dollars is predicted.

Resistance Price where U.S. Bancorp stock will Rise and Fall:

Date Price Prediction
09-13-2024 23.251
11-22-2024 22.201

Support Price where U.S. Bancorp stock will Fall and Rise:

Date Price Prediction
08-19-2024 23.073
10-28-2024 22.087
03-17-2025 20.558

The commentary on USB-PP stock: The target price can generally be said to be on the decline.

The commentary on USB-PP stock: Fluctuations in the target price can be expected in the coming days.

The target price for U.S. Bancorp stock by the end of 2024 is predicted to be 21.819 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on USB-PP stock, and the 2024 target price predictions for U.S. Bancorp are detailed above.

The technical analysis and charts for the commentary on USB-PP stock are below.

USB-PP Support & Resistance and Trend Analysis

USB-PP review U.S. Bancorp technical analysis trend chart USB-PP priceUSB-PP stock support and resistance price chart

USB-PP stock you have reviewed the technical analysis support resistance charts regarding.

USB-PP : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the USB-PP review, the U.S. Bancorp support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

U.S. Bancorp Support and Resistance Prices:

USB-PP Support Level Price USB-PP Resistance Level Price
21.34 22.30
21.59 22.49
23.02 23.15
23.25 23.96
23.58 24.19
23.65 24.24
24.07 24.82
24.54 25.14

USB-PP Technical Analysis: SMA, RSI, MACD

USB-PP review U.S. Bancorp SMA chart analysis USB-PP priceUSB-PP buy or sell review U.S. Bancorp MACD chart analysis USB-PP price

Upon reviewing the USB-PP chart, buy and sell signals have been generated in the U.S. Bancorp technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for USB-PP stock are as follows:
  1. The technical analysis for USB-PP indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for USB-PP indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for U.S. Bancorp issued a 'Buy' signal when the MACD was at -0.02, with the current MACD value being: 0.002

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for U.S. Bancorp stock: Click here to read more predictions on Illinois Tool Works stock.

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