Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. United States Steel Corp shares valued at $131,250 were purchased by Jaycox Kenneth E on Sep 18 ’24. At $37.50 per share, Jaycox Kenneth E acquired 3,500 shares.
As published in a research note from Morgan Stanley on February 03, 2025, United States Steel Corp [X] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $39 from $39. As of September 09, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for X. Earlier on September 06, 2024, Exane BNP Paribas upgraded its rating. Their new recommendation was “an Outperform” for X stock which previously was a “a Neutral”.
Analyzing X Stock Performance
During the last five days, there has been a surge of approximately 7.50%. Over the course of the year, United States Steel Corp shares have jumped approximately 15.53%. Shares of the company reached a 52-week high of $39.68 on 02/06/25 and a 52-week low of $29.87 on 01/03/25. A 50-day SMA is recorded $35.54, while a 200-day SMA reached $37.24. Nevertheless, trading volume fell to 10.35 million shares from 3.61 million shares the previous day.
Support And Resistance Levels for United States Steel Corp (X)
According to the 24-hour chart, there is a support level at 38.29, which, if violated, would cause prices to drop to 37.30. In the upper region, resistance lies at 39.97. The next price resistance is at 40.66. RSI (Relative Strength Index) is 66.69 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.32, which suggests the price will increase in the coming days. Percent R is at 10.43%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
