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Us Steel Corp (X) Crosses Pivot Point Resistance at $10.48

By David Diaz

Shares of Us Steel Corp (NYSE:X) have bullishly opened above the pivot of $10.25 today and have reached the first resistance level of $10.48. Analysts will be watching for a cross of the next upside pivot targets of $10.81 and $11.37.

Us Steel Corp (NYSE:X) has potential upside of 36.0% based on a current price of $10.14 and analysts' consensus price target of $13.79. Us Steel Corp shares should first meet resistance at the 50-day moving average (MA) of $11.71 and find additional resistance at the 200-day MA of $16.26.

Over the past year, Us Steel Corp has traded in a range of $9.93 to $29.84 and is now at $10.14, 2% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 3.1%.

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