United States Steel Corporation (X) stock is currently showing upward return of 4.68% throughout last week and witnessed bullish return of 17.50% in one month period. The stock price mounted 48.61% in three months and soared 79.07% for the last six months trading period.
X indicated a yearly up return of 21.85% while year-to-date (YTD) return printed 16.94% increasing outlook. The stock price moved -0.31% off its 50 Day low and changed 61.63% to its 50 Day high.
United States Steel Corporation (X) closed the Monday session at final price of $41.15 after traded 10238339 shares. The average volume was noted at 10496.36K shares while its relative volume was seen at 0.98. The stock has current RSI value of 76.15. The relative strength index (RSI) reflected overbought area when it is above 70 and notifies oversold level when it is below 30. Short Ratio of stock is 1.63. United States Steel Corporation is a part of Basic Materials sector and belongs to Steel & Iron industry.
The recent session has given its stock price a 121.83% positive lead over its 52-week low and showed downward move of -1.63%over its 52-week high. The stock price volatility remained at 3.26% in recent month and reaches at 3.71% for the week. The Average True Range (ATR) is also a measure of volatility is currently sitting at 1.22
United States Steel Corporation (X) Stock Price Analysis:
It is a positive indicator for investor portfolio value — when the price of a stock Investor owns goes up in value. On the other side it is not a negative indicator for Investor portfolio value when the price of a stock Investor owns moves down in value. After the giving short look at one day return of United States Steel Corporation it is observed that X reported gain return of 0.49% in last trading session.
United States Steel Corporation (X) stock price traded at a gap of 6.30% from an average price of last twenty days and stands at a distance of 20.89% away from it’s an average price of recent fifty days. Take a look at most-well known 200-day moving average which averages prices over the past 200 days. The 200-day moving average is the standby for long-term investors. At present time the stock is moving 54.24% away to its 200-day moving average. It goes without saying that investors should not rely solely on any one technique. However, applying moving-average strategies in conjunction with portfolio diversification and prudent money management may reduce one’s risk substantially.