US Bancorp's most recent trend suggests a bullish bias. One trading opportunity on US Bancorp is a Bull Put Spread using a strike $50.50 short put and a strike $45.50 long put offers a potential 5.26% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.50 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 $45.50 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 54.31 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for US Bancorp
Bank Stock Roundup: Robust Economic Data, Q2 Earnings, C, OZRK in Focus
Fri, 13 Jul 2018 11:24:11 +0000
Bank stocks gain on the back of strong economic data. Also, the earnings season starts with Bank of the Ozarks (OZRK) reporting rise in net interest income.
9 Bank Stocks That May Rise On Rich Payouts
Mon, 09 Jul 2018 17:10:00 +0000
Bank stocks have underperformed the S&P 500 this year and have struggled to stage any kind of a rebound after falling from their previous highs. Many banks plan to boost dividends after passing the Federal Reserve’s latest stringent round of stress tests, and that could fuel a nice boost to share prices of a select number of U.S. financial firms. The Fed now is allowing many banks to return a greater portion of their earnings to shareholders, which is exactly what they are doing. Banks plan to increase dividends by 25% on average, says JPMorgan Chase & Co. analyst Vivek Juneja.
The Zacks Analyst Blog Highlights: Shell, PepsiCo, U.S. Bancorp, Twitter and State Street
Mon, 09 Jul 2018 12:51:12 +0000
The Zacks Analyst Blog Highlights: Shell, PepsiCo, U.S. Bancorp, Twitter and State Street
UnitedHealthcare tops Target as Minnesota's most valuable brand, study says (slideshow)
Fri, 06 Jul 2018 18:25:04 +0000
UnitedHealthcare has surpassed Target Corp. as Minnesota's most valuable brand, according to this year's Brand Finance report, the annual study that ranks the nation's top 500 brands.
Top Stock Reports for Shell, PepsiCo & U.S. Bancorp
Fri, 06 Jul 2018 14:43:02 +0000
Top Stock Reports for Shell, PepsiCo & U.S. Bancorp
Related Posts
Also on Market Tamer…
Follow Us on Facebook