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:
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 »
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