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Next Resistance Level for U.S. Steel (X) is $17.84

By James Quinn

Shares of U.S. Steel (NYSE:X) have bullishly opened above the pivot of $17.13 today and have reached the first resistance level of $17.51. Should the shares continue to rise, the resistance pivots of $17.84 and $18.55 will be of interest.

Over the past year, U.S. Steel has traded in a range of $6.15 to $27.64 and is now at $17.60, 186% above that low. The 200-day and 50-day moving averages have moved 0.24% higher and 5.94% higher over the past week, respectively.

U.S. Steel (NYSE:X) is currently priced 23.6% above its average consensus analyst price target of $13.45. U.S. Steel shares have support at the 50-day moving average (MA) of $15.96 and additional support at the 200-day MA of $12.50.

SmarTrend is tracking the current trend status for U.S. Steel and will alert subscribers who have X in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts U.S. Steel

Ticker(s): X