UNITED STATES STEEL CORP (X) Technical Analysis
NYSE:X • US9129091081
Current stock price
X Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to X. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, X is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that X is one of the better performing stocks in the market, outperforming 92% of all stocks.
- X is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month X has a been trading in the 40.66 - 54.91 range, which is quite wide. It is currently trading near the high of this range.
- X has an average volume of 9430570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- X is an average performer in the Metals & Mining industry, it outperforms 68% of 163 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
X Weekly and Daily overview Charts
X Setup Rating and Analysis
Although X has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
X Support and Resistance Analysis
32.53
We found 3 important support areas.
- A support zone ranging from 51.75 to 52.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.63 from a trend line in the daily time frame.
- Support @32.86 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.85 to 54.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
X Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for X is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for X is up. |
| ChartMill Relative Strength | 92.11 | POSITIVE | X has a high relative strength, it outperformed 92.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of X is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of X is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of X is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.55 | NEUTRAL | The RSI value for X is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests X has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.5 | NEUTRAL | The Stochastics value for X is a neutral value. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for X suggests some volalility. |
| Average Directional Index/ADX (14) | 36.15 | POSITIVE | The high ADX value value for X suggests a strong trend. |
X Chart- and CandleStick Pattern Analysis
X Technicals: Chart, Performance Metrics, Trend & Indicators
54.84
-0.01 (-0.02%)
UNITED STATES STEEL CORP / X TA FAQ
Can you provide the ChartMill technical rating for UNITED STATES STEEL CORP?
ChartMill assigns a technical rating of 10 / 10 to X.
What is the trend direction for X stock?
The current trend direction for UNITED STATES STEEL CORP (X) is Bullish.
Can you provide the RSI signal for UNITED STATES STEEL CORP?
UNITED STATES STEEL CORP (X) has an RSI value of 69.5544. This indicates that the stock is currently neutral.
What is the MACD signal for X stock?
The MACD indicator for UNITED STATES STEEL CORP (X) has a value of -0.119405, indicating a bearish trend.
What is the support and resistance level for X stock?
UNITED STATES STEEL CORP (X) has a support level at 52.18 and a resistance level at 54.85. Check the full technical report for our detailed analysis of X support and resistance levels.