UNITED STATES STEEL
UNITED STATES STEEL
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Stocks
Ticker: X
ISIN:

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

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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

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by highliber. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

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.

Central Gaps

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:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard24.1524.6625.5426.0526.9327.4428.32
Camarilla26.0326.1626.2826.4126.5426.6726.79
Woodie24.3324.7525.7226.1427.1127.5328.50
Fibonacci24.6625.1925.5226.0526.5826.9127.44


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.0724.0125.1326.0727.1928.1329.25
Camarilla25.6925.8826.0726.2626.4526.6426.83
Woodie23.1724.0625.2326.1227.2928.1829.35
Fibonacci24.0124.7925.2826.0726.8527.3428.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.6819.3422.6426.3029.6033.2636.56
Camarilla24.0224.6525.2925.9326.5727.2127.84
Woodie15.4919.2522.4526.2129.4133.1736.37
Fibonacci19.3422.0023.6526.3028.9630.6133.26

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 : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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