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Next Support Level for Us Steel Corp (X) is $23.27

By Shiri Gupta

Shares of Us Steel Corp (NYSE:X) have bearishly opened below the pivot of $24.04 today and have reached the first support level of $23.55. Investors may be interested in a cross of the next downside pivot targets of $23.27 and $22.50.

In the past 52 weeks, Us Steel Corp share prices have been bracketed by a low of $14.80 and a high of $41.83 and are now at $23.60, 59% above that low price. The 200-day and 50-day moving averages have moved 0.24% higher and 5.94% higher over the past week, respectively.

Potential upside of 11.9% exists for Us Steel Corp, based on a current level of $23.60 and analysts' average consensus price target of $26.42. Us Steel Corp 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 Us Steel Corp and will alert subscribers who have X in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts us steel corp

Ticker(s): X