For its latest trading sesion, U.S. Bancorp (USB) spiked up by 0.5% – here is what that looked like (as of 2019-10-29):
Why are these moves happning?? 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 -0.013, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.552, an Accumulation/Distribution Index (ADI) of 0.552, an On-Balance Volume (OBV) of 191.013, and a Chaiikin Money Flow (CMF) of -56.74. 2.355
Now let’s plug these indicators in. According to Trading View, putting it all together gets the following:
That is what an analysis of technical indicators seems to indicate for U.S. Bancorp (USB). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
2335 Holt Street, SAINT CROIX IN 47576