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Us Bancorp Crosses Above its 10-day MA (USB)

By Amy Schwartz

Today, shares of Us Bancorp (NYSE:USB) have advanced above their 10-day MA of $33.52 on a volume of 1.5 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.

In the past 52 weeks, shares of Us Bancorp have traded between a low of $28.59 and a high of $61.11 and are now at $33.87, which is 18% above that low price. The 200-day and 50-day moving averages have moved 0.88% lower and 4.55% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Us Bancorp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Us Bancorp in search of a potential trend change.

Keywords: moving crosses us bancorp

Ticker(s): USB