UNITED STATES STEEL CORP (X) Stock Technical Analysis
NYSE:X - New York Stock Exchange, Inc. - US9129091081 - Common Stock - Currency: USD
Taking everything into account, X scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, X has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, X did better than 92% of all other stocks.
X is part of the Metals & Mining industry. There are 154 other stocks in this industry. X outperforms 76% of them.
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.
Volume is considerably higher in the last couple of days.
Although X has an excellent technical rating, it does not present a decent entry opportunity 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
32.53
55.41
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.
We found 1 important resistance 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
54.84
-0.01 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.02%
1 Week1.76%
2 Weeks2.01%
1 Month31.76%
3 Month34.08%
6 Month81.95%
12 Month49.63%
2 Year119.27%
3 Year206.2%
5 Year659.56%
10 Year165.96%
15 Year42.26%
Volatility
ATR(14)1.01
ATR(20)%3.03%
ATR Inc41.51%
Range Today0.11
ADR(20)1.44
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.11
Mansfield3.29
10 Day High54.91
10 Day Low51.47
20 Day High54.91
20 Day Low40.66
52 Week High54.91
52 Week Low26.92
CS1 End52.18
CR1 Start54.85
Volume & EV
DER(3)-3.51%
DER(5)-1.35%
Volume15.28M
Volume Incr11.61%
Vol(5)13.26M
Vol(50)9.43M