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Author: Engineer USC

USB Stock Forecast & U.S. Bancorp Chart Analysis

This article provides a detailed analysis of USB-U.S. Bancorp stock including a forecast for USB 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 Historical Data Review

USB Current Price Performance Analysis

The U.S. Bancorp - USB stock traded on the American stock market, on 06-05-2024, closed at 39.08$ with a %0.31 increased compared to the previous day.

In the last month, the price of USB changed by %-6.55 decreased in value, from 41.82 dollars on 05-06-2024 to 39.08 dollars, decreased.

Last year, the price of USB was 32.63 dollars on 06-06-2023, and changed by %19.77 increased in value, to 39.08 dollars increased within a year.

The price of U.S. Bancorp stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

USB with AI Stock Forecast & Price Target

USB stock forecast U.S. Bancorp price target

On the USB chart U.S. Bancorp price was recorded as 39.08 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for USB 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: 36.4 Dollars.

The commentary on USB stock Target Price: Highest: 41.593 Dollars is predicted.

The commentary on USB stock Target Price: Lowest: 33.585 Dollars is predicted.

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

Date Price Prediction
06-20-2024 41.593
08-19-2024 36.867
12-12-2024 36.136
01-01-2025 36.441
02-20-2025 35.519

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

Date Price Prediction
08-14-2024 36.833
11-07-2024 33.585
12-17-2024 36.125
02-05-2025 35.446
03-17-2025 35.207

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

The commentary on USB 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 36.362 Dollars.

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

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

USB Support & Resistance and Trend Analysis

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

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

USB : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the USB 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 Support Level Price USB Resistance Level Price
33.61 37.85
36.49 39.95
38.79 42.04
38.87 42.08
39.05 42.61
40.33 42.84
40.38 43.40
41.69 43.77
41.70 44.33
42.15 45.04
45.85

USB Technical Analysis: SMA, RSI, MACD

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

Upon reviewing the USB 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 stock are as follows:
  1. USB technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for U.S. Bancorp gave a 'Buy' signal when the RSI was at 29.068, with the current RSI value at 30.375.
  3. The technical analysis for U.S. Bancorp indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

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.