UNITED STATES STEEL - 15 min. - Technical analysis published on 06/09/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 26.05 USD
My targets
28.32 USD (+3.27%)
28.81 USD (+5.07%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on UNITED STATES STEEL as long as the price remains well above 26.05 USD. The buyers' bullish objective is set at 28.32 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 28.81 USD. If there is any crossing, the next objective would be the resistance located at 29.97 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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This analysis was given by highliber. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The UNITED STATES STEEL price is 27.42 USD. On the day, this instrument gained +3.82% and was between 25.89 USD and 27.76 USD. This implies that the price is at +5.91% from its lowest and at -1.22% from its highest.25.89
27.76
27.42
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of UNITED STATES STEEL in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of triangle
Type : Bearish
Timeframe : 15 minutes
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 23.74 | 24.91 | 26.17 | 27.42 | 27.81 | 28.81 | 29.97 |
Change (%) | -13.42% | -9.15% | -4.56% | - | +1.42% | +5.07% | +9.30% |
Change | -3.68 | -2.51 | -1.25 | - | +0.39 | +1.39 | +2.55 |
Level | Major | Major | Major | - | Minor | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 24.15 | 24.66 | 25.54 | 26.05 | 26.93 | 27.44 | 28.32 |
Camarilla | 26.03 | 26.16 | 26.28 | 26.41 | 26.54 | 26.67 | 26.79 |
Woodie | 24.33 | 24.75 | 25.72 | 26.14 | 27.11 | 27.53 | 28.50 |
Fibonacci | 24.66 | 25.19 | 25.52 | 26.05 | 26.58 | 26.91 | 27.44 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 23.07 | 24.01 | 25.13 | 26.07 | 27.19 | 28.13 | 29.25 |
Camarilla | 25.69 | 25.88 | 26.07 | 26.26 | 26.45 | 26.64 | 26.83 |
Woodie | 23.17 | 24.06 | 25.23 | 26.12 | 27.29 | 28.18 | 29.35 |
Fibonacci | 24.01 | 24.79 | 25.28 | 26.07 | 26.85 | 27.34 | 28.13 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 15.68 | 19.34 | 22.64 | 26.30 | 29.60 | 33.26 | 36.56 |
Camarilla | 24.02 | 24.65 | 25.29 | 25.93 | 26.57 | 27.21 | 27.84 |
Woodie | 15.49 | 19.25 | 22.45 | 26.21 | 29.41 | 33.17 | 36.37 |
Fibonacci | 19.34 | 22.00 | 23.65 | 26.30 | 28.96 | 30.61 | 33.26 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 68.53 | |
MACD (12,26,9): | 0.2900 | |
Directional Movement: | 31.99 | |
AROON (14): | 100.00 | |
DEMA (21): | 27.40 | |
Parabolic SAR (0,02-0,02-0,2): | 26.95 | |
Elder Ray (13): | 0.40 | |
Super Trend (3,10): | 26.82 | |
Zig ZAG (10): | 27.59 | |
VORTEX (21): | 1.2900 | |
Stochastique (14,3,5): | 91.73 | |
TEMA (21): | 27.55 | |
Williams %R (14): | -10.34 | |
Chande Momentum Oscillator (20): | 0.56 | |
Repulse (5,40,3): | 1.1500 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1400 | |
Courbe Coppock: | 5.42 |
MA7: | 26.35 | |
MA20: | 25.56 | |
MA50: | 24.64 | |
MA100: | 21.93 | |
MAexp7: | 27.25 | |
MAexp20: | 27.05 | |
MAexp50: | 26.63 | |
MAexp100: | 26.34 | |
Price / MA7: | +4.06% | |
Price / MA20: | +7.28% | |
Price / MA50: | +11.28% | |
Price / MA100: | +25.03% | |
Price / MAexp7: | +0.62% | |
Price / MAexp20: | +1.37% | |
Price / MAexp50: | +2.97% | |
Price / MAexp100: | +4.10% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on UNITED STATES STEEL at the time of the analysis were as follows:
- U. S. Steel Announces Sale of Transtar, LLC to Fortress Transportation and Infrastructure Investors LLC for $640 Million
- Thinking about trading options or stock in General Motors, United States Steel, Tilray, Marathon Digital, or Virgin Galactic?
- Thinking about trading options or stock in Nio, United States Steel, Draftkings, Tilray, or Ford?
- Thinking about buying stock in Sundial Growers, Ocugen, Seanergy Maritime, Zomedica, or United States Steel?
- United States Steel Corporation Declares Dividend
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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