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Us Bancorp Bullish Moving Average Crossover Alert (USB)

By Nick Russo

Today, shares of Us Bancorp (NYSE:USB) have advanced above their 10-day MA of $52.79 on a volume of 1.1 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Us Bancorp has traded in a range of $38.48 to $56.61 and is now at $53.09, 38% above that low. The 200-day and 50-day moving averages have moved 0.17% lower and 0.58% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Us Bancorp and will alert subscribers who have USB in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses us bancorp

Ticker(s): USB