US Bancorp's most recent trend suggests a bearish bias. One trading opportunity on US Bancorp is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 8.7% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock rose above the $55.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for US Bancorp is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for US Bancorp is bearish.
The RSI indicator is at 35.38 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for US Bancorp
3 Buffett Stocks to Buy Amid High Inflation and Rising Interest Rates
Fri, 13 May 2022 12:05:00 +0000
Investors are primarily concerned about inflationary pressures and how they might affect the economy. The most recent Consumer Price Index (CPI) for April put inflation at 8.3%. While this is below March's CPI of 8.5%, it's still well above the Federal Reserve's long-term inflation target of 2%.
U.S. Bank launches voice assistant in app for Spanish-speaking customers
Wed, 11 May 2022 11:11:41 +0000
U.S. Bank is the first financial institution in the nation to offer customers the ability to speak Spanish to a mobile banking app. It has launched Asistente Inteligente de U.S. Bank, which offers the same features and functionality as its English-language version.
U.S. Bank, LiquidX Collaborate to Simplify, Accelerate Supply-Chain Financing
Tue, 10 May 2022 13:00:00 +0000
MINNEAPOLIS, May 10, 2022–U.S. Bank announced today that it has entered into a collaboration agreement with trade-finance fintech LiquidX
JPMorgan, U.S. Bancorp Cited by Morningstar as Winners
Mon, 09 May 2022 20:29:00 +0000
The KBW Nasdaq Bank stock Index has dropped 18% year to date, but bank stocks may be attractive to long-term investors.
U.S. Bancorp Announces $100 Billion Community Benefits Plan
Mon, 09 May 2022 13:30:00 +0000
MINNEAPOLIS, May 09, 2022–U.S. Bancorp Announces $100 Billion Community Benefits Plan
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