In a filing, United States Steel Corp revealed its Former Director Jaycox Kenneth E acquired Company’s shares for reported $0.13 million on Sep 18 ’24. In the deal valued at $37.50 per share,3,500 shares were bought.
JP Morgan downgraded its United States Steel Corp [X] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who decreased its forecast for the stock in late March from “an Outperform” to “a Market perform”. Morgan Stanley also remained covering X and has decreased its forecast on February 03, 2025 with a “an Equal-weight” recommendation from previously “an Overweight” rating.
Price Performance Review of X
On Monday, United States Steel Corp [NYSE:X] saw its stock fall -6.14% to $39.01. Over the last five days, the stock has lost -2.62%. United States Steel Corp shares have risen nearly 14.77% since the year began. Nevertheless, the stocks have fallen -0.31% over the past one year. While a 52-week high of $46.18 was reached on 04/09/25, a 52-week low of $26.92 was recorded on 01/03/25. SMA at 50 days reached $39.83, while 200 days put it at $37.87.
Levels Of Support And Resistance For X Stock
The 24-hour chart illustrates a support level at 38.07, which if violated will result in even more drops to 37.13. On the upside, there is a resistance level at 40.45. A further resistance level may holdings at 41.89. The Relative Strength Index (RSI) on the 14-day chart is 43.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.54%. Stochastics %K at 46.94% indicates the stock is a holding.
How much short interest is there in United States Steel Corp?
A steep rise in short interest was recorded in United States Steel Corp stocks on 2025-03-31, dropping by -0.26 million shares to a total of 15.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 16.23 million shares. There was a decline of -1.6%, which implies that there is a negative sentiment for the stock.
