US Bancorp (USB) Downgrade Alert, Watch for 23.7% Technical Uptrend Reversal
Oct 26, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: U.S. Bancorp (USB)
US Bancorp (NYSE:USB) downgraded to Sell from Neutral at Rochdale. The stock closed Friday at $24.95 on volume of 13,937,835 shares, below average daily volume of 17,802,066.
US Bancorp is currently above its 50-day moving average of $22.32 and above its 200-day moving average of $18.27.
SmarTrend is bullish on shares of USB and our subscribers received an Uptrend alert on July 30, 2009 at $20.17, which has returned 23.7% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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News Provided by COMTEX
Company: U.S. Bancorp (USB)
Related terms: market, nyse, securities
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