Score 9.5 (out of 10): US BANCORP poised to seasonally rally by +6% during the next 90 days.

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What’s Going On Here?

U.S. Bank recently released its 2021 Environmental, Social, Governance (ESG) report highlighting the bank’s work across key environmental, social and governance initiatives including the bank’s continued focus on climate and human capital strategies.

Why Now?

US BANCORP indicates an interesting 90 days seasonal set up. During similar occasions, US BANCORP shares had a median return of +6% – based on 9 historical occasions with 9 of those showing positive returns (100%). This buy signal for US BANCORP received a high score of 9.5 (out of 10). This insight was generated with last price of 47.07.

What’s This Company About?

US BANCORP is in the Super-Regional Banks-US business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. Ticker symbol: USB US.

What’s My Risk / Reward and Time Horizon?

We found 90 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 49.89 (+6%) has been reached. Based on US BANCORP’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 45.37 (last price at 47.07), which is equivalent to a -3.6% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ under (2), etc.

Previous episodes:

10.4% (September-2021), 8.5% (September-2020), 7.5% (September-2019), 5.9% (September-2018), 2.4% (September-2017), 4.3% (September-2016), 6.1% (September-2015), 5.4% (September-2014), 10.6% (September-2013)

Historical Chart:

Summary:

NameUS BANCORP
ViewUp
Star (1 to 10)9.5
Target6%
Time90 days
Hit Rate100%

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