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Us Steel Corp Bearish Moving Average Crossover Alert (X)

By Shiri Gupta

Us Steel Corp (NYSE:X) crossed under its 10-day moving average of $35.95 on a volume of 6.8 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Us Steel Corp has traded in a range of $18.55 to $47.64 and is now at $34.58, 86% above that low. The 200-day and 50-day moving averages have moved 1.04% higher and 2.22% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Us Steel Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Us Steel Corp in search of a potential trend change.

Keywords: moving crosses us steel corp

Ticker(s): X