What chart pattern is ChartPattern.io tracking on U.S. Bancorp?
ChartPattern.io is currently tracking Bearish Flag on U.S. Bancorp in the Financials stock. Secondary context includes Symmetrical Triangle and Rectangle.
Live Financials stock scanner page for U.S. Bancorp. Review the bearish flag setup, chart structure, and trade levels in one place.
Technical analysis of U.S. Bancorp (USB) reveals a significant setup. With a last close of $62.84, volatility remains active (0.69%). The primary technical feature is a Bearish Flag formation. The trend indicator is reading 11.3/100, suggesting moderate momentum. A potential breakout level is identified at $60.8, targeting $51.64 with support near $63.71 (R:R 3.15).
USB is part of the Financials stock on ChartPattern.io. The scanner currently highlights Bearish Flag as the leading setup, with an entry near $60.80, a stop around $63.71, and a target near $51.64.
Bearish Flag
64/100 CP Index
Entry $60.80 · Stop $63.71 · Target $51.64
Momentum is building with this Bearish Flag. See the live chart action.
Bearish continuation pattern.
Consolidation. Can break either way.
Sideways movement between parallel supports.
Bearish continuation if preceding move was down.
What is your outlook on USB?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on USB.
ChartPattern.io is currently tracking Bearish Flag on U.S. Bancorp in the Financials stock. Secondary context includes Symmetrical Triangle and Rectangle.
The current trade plan points to an entry near $60.80, a stop near $63.71, and a target near $51.64.
U.S. Bancorp currently leans bullish. The page is showing a CP Index of 64/100, which helps summarize the current technical setup.