• Return to Headlines

Shares of Us Steel Corp Rank the Highest in Terms of Relative Performance in the Steel Industry (X , STLD , CMC , NUE , ATI )

By James Quinn

We looked at the Steel industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Us Steel Corp (NYSE:X ) ranks first with a gain of 4.51%; Steel Dynamics (NASDAQ:STLD ) ranks second with a gain of 2.46%; and Commercial Metal (NYSE:CMC ) ranks third with a gain of 2.43%.

Nucor Corp (NYSE:NUE ) follows with a gain of 2.01% and Allegheny Tech (NYSE:ATI ) rounds out the top five with a gain of 1.42%.

SmarTrend recommended that its subscribers protect gains by selling shares of Us Steel Corp on March 5th, 2019 by issuing a Downtrend alert when the shares were trading at $22.02. Since that call, shares of Us Steel Corp have fallen 37.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance us steel corp Steel Dynamics commercial metal nucor corp allegheny tech