• Return to Headlines

Shares of X Down 23.3% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Us Steel Corp (NYSE:X) on March 5th, 2019 at $22.02. In approximately 1 month, Us Steel Corp has returned 23.30% as of today's recent price of $16.89.

In the past 52 weeks, shares of Us Steel Corp have traded between a low of $16.50 and a high of $39.23 and are now at $16.89, which is 2% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.7% while the 50-day MA has declined 2%.

United States Steel Corporation operates as an integrated steel producer. The Company manufactures flat-rolled and tubular products with production operations in North America and Europe. United States Steel serves the automotive, appliance, container, industrial machinery, construction, and oil and gas industries.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Us Steel Corp.

Log in and add Us Steel Corp (X) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights us steel corp

Ticker(s): X