US Bancorp's most recent trend suggests a bullish bias. One trading opportunity on US Bancorp is a Bull Put Spread using a strike $42.00 short put and a strike $37.00 long put offers a potential 5.26% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $42.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $37.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for US Bancorp is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for US Bancorp is bullish.
The RSI indicator is at 74.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for US Bancorp
Trust Works for Berkshire Hathaway's Charlie Munger
Fri, 31 Oct 2014 22:45:18 GMT
U.S. Bancorp to Present at the BancAnalysts Association of Boston Conference
Thu, 30 Oct 2014 20:55:57 GMT
noodls – MINNEAPOLIS–(BUSINESS WIRE)–Oct. 30, 2014– U.S. Bancorp (NYSE: USB) announced today that Andrew Cecere, vice chairman and chief financial officer, is scheduled to present at the BancAnalysts Association …
U.S. Bancorp to Present at the BancAnalysts Association of Boston Conference
Thu, 30 Oct 2014 20:00:00 GMT
Business Wire – U.S. Bancorp announced today that Andrew Cecere, vice chairman and chief financial officer, is scheduled to present at the BancAnalysts Association of Boston Conference.
Twenty-nine charged in Chicago with ‘cracking cards' bank fraud scheme
Wed, 29 Oct 2014 18:14:50 GMT
U.S. Bank Simplifies B2B Electronic Payments
Wed, 29 Oct 2014 15:08:00 GMT
Business Wire – U.S. Bank today announced a new version of its Access® Online Payment Plus payment instruction file that simplifies business-to-business electronic payment and calls for little-to-no technology investment.
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