The market has been high on US Bancorp (USB) stock recently. USB gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
US Bancorp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on USB!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With USB Stock Today?
US Bancorp (USB) stock is trading at $39.37 as of 3:00 PM on Friday, Dec 1, a gain of $1.23, or 3.21% from the previous closing price of $38.14. The stock has traded between $37.84 and $39.51 so far today. Volume today is below average. So far 6,514,582 shares have traded compared to average volume of 10,364,058 shares.
More About US Bancorp
U.S. Bancorp with nearly 70000 employees and $554 billion in assets as of December 31 2020 is the parent company of U.S. Bank National Association the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams branches and ATM network with digital tools that allow customers to bank when where and how they prefer. U.S. Bank is committed to serving its millions of retail business wealth management payment commercial corporate and investment customers across the country and around the world as a trusted and responsible financial partner. This commitment continues to earn a spot on the Ethisphere Institutes Worlds Most Ethical Companies list and puts U.S. Bank in the top 5% of global companies assessed on the CDP A List for climate change action. Visit usbank.com for more.
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