US Bancorp’s most recent trend suggests a bullish bias. One trading opportunity on US Bancorp is a Bull Put Spread using a strike $59.00 short put and a strike $54.00 long put offers a potential 11.86% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $59.00 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock dropped below the $54.00 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 62.7 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for US Bancorp
Wells Fargo is pushing back its office return, but U.S. Bank, Huntington and others stand pat
Mon, 04 Oct 2021 21:23:43 +0000
Wells Fargo & Co. last week pushed its return-to-office plans back to Jan. 10, 2022 — but other banks with a large presence in the Twin Cities so far aren’t following suit.
U.S. Bank-Union Bank deal could have Downtown ripple effect
Mon, 04 Oct 2021 14:33:46 +0000
Though neither U.S. Bank nor Union Bank are headquartered in Sacramento, news of their planned combination is likely to have a ripple effect in Downtown Sacramento.
MERGER ALERT – GKSY, and USB: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these Companies
Thu, 30 Sep 2021 20:45:00 +0000
NEW YORK, NY / ACCESSWIRE / September 30, 2021 / The following statement is being issued by Levi & Korsinsky, LLP:Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies. (NASDAQ:GSKY)Agreement Announcement: September 15, 2021 Transaction Details:Under the terms of the merger, GreenSky stockholders will receive 0.
Rising Loans Support U.S. Bancorp (USB), Cost Woes Prevail
Thu, 30 Sep 2021 18:18:06 +0000
U.S. Bancorp (USB) stock is tailormade for your portfolio, on its sound liquidity, rising revenues and sturdy capital-deployment initiatives. Yet, a concentrated loan portfolio and mounting costs pose headwinds.
MUFG to Launch Wealth Management Digital Platform in 2Q21
Mon, 27 Sep 2021 12:30:12 +0000
MUFG is poised to roll out its digital wealth management platform, MUFG Wealth Management Digital Platform, to provide optimal solutions to high net-worth clients.
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