The Greedy Trader Weekly Analysis
Sign In Sep 26, 2014
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 9/19/2014
Sign In to see current Signals.
United States Steel Corp.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought industryRelative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overboughtLane's Stochastic bearish divergence
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtRelative Strength Index and MACD bearish divergenceDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price is above the upper Bollinger Band
Move cursor over the icon to see details.

It was a first positive week for the United States Steel Corp. (X). During the week, the X gained 5.27 points, or 13.20%, and closed at 45.19 on Friday, September 19, 2014. Weekly volume was 47% above average.

X is a member of Metals Fabrication Industry. Metals Fabrication is the fourth most overbought industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See X long-term trend chart]
A long-term uptrend had started on April 22, 2013 at 15.80 and reached 46.55 on September 17, 2014. X gained -30.75 points, or -194.62%, in 73 weeks. Price is near the trend high.

Medium-term trend: [See X medium-term trend chart]
A medium-term uptrend had started on June 3, 2014 at 22.47 and reached 46.55 on September 17, 2014. X gained -24.08 points, or -107.17%, in 15 weeks. The price is now at the 5.65% retracement level.

Weekly Technical Indicators: [See X weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since July 11, 2014. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See X short-term trend chart]
A short-term uptrend had started on August 28, 2014 at 37.31 and reached 46.55 on September 17, 2014. X gained -9.24 points, or -24.77%, in 20 days. The price is now at the 14.72% retracement level.

Daily Technical Indicators: [See X daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily Relative Strength Index and MACD have bearish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and MACD bearish divergence.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.70
Bearish
Williams' Percentage Range (W%R) 7.90
Strong Overbought
Lane's Stochastic (%D-Slow) 83.70
Overbought
Greed/Fear Indicator (GFI) 83.17
Overbought
Moving Average Converg./Diverg. (MACD) 2.02 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 97.84
Strong Overbought
Williams' Percentage Range (W%R) 3.30
Strong Overbought
Lane's Stochastic (%D-Slow) 93.22
Strong Overbought Bearish
Greed/Fear Indicator (GFI) 87.92
Overbought
Moving Average Converg./Diverg. (MACD) 2.33
Trading Signals
Description Value Chart
Daily Stochastic Crossing 45.69
Weekly Stochastic Crossing 45.24
Price 45.19
Upper Bollinger Band 45.15
20 Day Moving Average 40.16
Parabolic System 38.86
Lower Bollinger Band 35.32
50 Day Moving Average 35.22
Sector and Industry
Description Name Rank
Sector Industrial Goods 5
Industry Metals Fabrication 160
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 37.31
Low Date 08/28/2014
High 46.55
High Date 09/17/2014
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 22.47
Low Date 06/03/2014
High 46.55
High Date 09/17/2014
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 22.47
Low Date 06/03/2014
High 46.55
High Date 09/17/2014
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 15.80
Low Date 04/22/2013
High 46.55
High Date 09/17/2014
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 70.95
High Date 04/06/2010
Low 15.80
Low Date 04/22/2013
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2013 All rights reserved. Delta Software Technologies, Inc.
The Financial Ad Trader