June 7, 2023

US Bancorp Breaks Above 200-Day Moving Average – Bullish for USB

In trading on Tuesday, shares of US Bancorp (Symbol: USB) crossed above their 200 day moving average of $58.11, changing hands as high as $59.04 per share. US Bancorp shares are currently trading up about 3.1% on the day. The chart below shows the one year performance of USB shares, versus its 200 day moving average:

US Bancorp 200 Day Moving Average Chart

Looking at the chart above, USB’s low point in its 52 week range is $42.47 per share, with $63 as the 52 week high point — that compares with a last trade of $59.00. The USB DMA information above was sourced from TechnicalAnalysisChannel.com

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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