U.S. Bancorp (NYSE:USB) Fell By -1.2%, And Here’s Why

      Comments Off on U.S. Bancorp (NYSE:USB) Fell By -1.2%, And Here’s Why

In its latest trading session, U.S. Bancorp (NYSE:USB) dropped by -1.2% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.022, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.467, an Accumulation/Distribution Index (ADI) of 0.467, an On-Balance Volume (OBV) of 5745.302, and a Chaiikin Money Flow (CMF) of 59.2. 4.097

So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for U.S. Bancorp (NYSE:USB). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.