Steel

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>X stock price is currently trading at $30.99 with a drop of 0.91% in the last 24 hours.</a> </li> 
 <li> <span>2</span> <a>US Steel Corporation has a current market cap of $6.91 Billion.</a> </li> 
 <li> <span>3</span> <a>X stock is trading above the key moving averages showing strength on the charts.</a> </li> 
</ul> 
<p>X price shows an impressive surge over the past sessions and maintained the gains above the 100-day SMA near the cluster of $30 in the bullish territory.&nbsp;</p> 
<p>The chart shows bullish momentum at present. Moreover, price action favors the buyers, and long buildup activity was noted on the charts.</p> 
<p>X price is in an upward trajectory to $30.99, which if surpassed, the price will touch the highs of $35.00. Conversely, the lower trajectory is near $26.00, which, if it breaks, the price will revisit the 200-day EMA near $22.50.</p> 
<p>At press time, US Steel Corporation was trading at $30.99 with an intraday gain of 0.91%, showing bullishness. Moreover, the 24-hour trading volume is $14.214 Million. However, the market cap of U S Steel Corporation is $6.91 Billion. The day high of X is $31.65, and the day low at $30.41 indicates a narrow trading range.</p> 
<h2 class="wp-block-heading" id="strong-short-term-charts-price-analysis-strong"><strong>Short-Term Charts Price Analysis</strong></h2> 
<p>On the 4-hour charts, X price is bullish and is sustaining between the $31.65 – $30.41 range with the significant volume. However, the trend is strong, and buyers are attempting to break the zone and are trying to sustain above the round spot of $31.00.</p> 
<p>The RSI curve is near 70, near overbought, forming a positive crossover due to the surge in price, which impacts a positive outlook on the charts.</p> 
<p>The MACD indicator showed a bullish crossover, but the green bars were nearing the end. A crossover is imminent. However, the price could turn bullish.</p> 
<h3 class="wp-block-heading" id="strong-technical-analysis-of-x-stock-price-in-1-d-timeframe-strong"><strong>Technical Analysis of X Stock Price in 1-D Timeframe</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh4.googleusercontent.com/rc24H0dtiX2Cv0QhUFIDLDai-6gIMod4g2zX3EPzdpMZrccv7WQ1ps8HWvlHXSUsD-Hf0AMTfs6eWUCP330Vt8qHVc0_FmeTvWPkHWOc7J7zhJ4YkKQY5C3YjZeBIhRllr1x2DyYu-M52KFFAcaGq2Y" alt="X Stock Impact on the Market: X Stock Price Prediction for 2023"> 
  <figcaption class="wp-element-caption">
    Source: X.1D.NYSE by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>Currently, X stock is trading above the 50 and 200-day SMAs simple moving averages, which are supporting the price momentum.&nbsp;</p> 
<p>However, if buying volume adds up, then the price might support bullish momentum by making higher highs. Hence, the X price is expected to move upwards giving bullish views over the daily time frame chart.</p> 
<p>The current value of RSI is 71 points. The 14 SMA is above the median line at 65.88 points which indicates that the<a href="https://www.thecoinrepublic.com/2023/08/19/general-electric-ge-stock-to-breach-120-00-barrier-but-when/" rel="noopener noreferrer nofollow"> X stock is bullish</a>.</p> 
<p>The MACD line at 1.51 and the signal line at 0.7663 are above the zero line. A bullish crossover is observed in the MACD indicator which signals power in the momentum of the US Steel Corporation stock price.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p>Price action suggests that the investors and traders are extremely bullish on the 1-Day time frame. The price action reflects a bullish perspective at the moment. Technical oscillators also support the strong bullish trend. The MACD, RSI, and EMA are emphasizing positive signs and imply that the uptrend may continue in the US Steel Corporation stock price.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support Levels:</strong> Nearest support levels are $26.74 and $26.00.</li> 
</ul> 
<ul> 
 <li><strong>Resistance Levels:</strong> Nearest resistance levels are $31.57 and $32.53.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The analysis provided in this article is for informational and educational purposes only. Do not rely on this information as financial, investment, or trading advice. Investing and trading in stock involves risk. Please assess your situation and risk tolerance before making any investment decisions.</p>

X Stock Impact on the Market: X Stock Price Prediction for 2023

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