The Greedy Trader Weekly Analysis
Sign In Feb 27, 2015
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
- 2/20/2015
Sign In to see current Signals.
United States Steel Corp.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold industryStochastic signal line moved above oversold area
Daily :The price has fallen below the Parabolic SARPrice has crossed below the 50 Day Moving AverageThe price is close to the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the first negative week for the United States Steel Corp. (X). During the week, the X dropped -1.74 points, or -6.60%, and closed at 24.62 on Friday, February 20, 2015. X was trading at average weekly trading volume.

X is a member of Metals Fabrication Industry. Metals Fabrication is the fourth most oversold 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. The price is now at the 71.32% retracement level.

Medium-term trend: [See X medium-term trend chart]
A medium-term downtrend had started on September 17, 2014 at 46.55 and reached 20.13 on January 26, 2015. X lost 26.42 points, or 56.76%, in 18 weeks. The price is now at the 16.99% retracement level.

Weekly Technical Indicators: [See X weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since October 10, 2014. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See X short-term trend chart]
A short-term downtrend had started on February 13, 2015 at 26.60 and reached 24.15 on February 19, 2015. X lost 2.45 points, or 9.21%, in 6 days. The price is now at the 19.18% retracement level.

Daily Technical Indicators: [See X daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since January 23, 2015. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 is close to the moving average in the center of the Bollinger Bands. 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.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.94
Williams' Percentage Range (W%R) 31.70
Lane's Stochastic (%D-Slow) 66.55
Greed/Fear Indicator (GFI) 61.94
Moving Average Converg./Diverg. (MACD) -0.15
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 28.66
Williams' Percentage Range (W%R) 80.00
Lane's Stochastic (%D-Slow) 26.67
Greed/Fear Indicator (GFI) 28.35
Moving Average Converg./Diverg. (MACD) -1.33
Trading Signals
Description Value Chart
Upper Bollinger Band 27.62
Parabolic System 26.58
Daily Stochastic Crossing 25.46
50 Day Moving Average 25.10
Price 24.62
20 Day Moving Average 24.04
Weekly Stochastic Crossing 22.59
Lower Bollinger Band 21.52
Sector and Industry
Description Name Rank
Sector Industrial Goods 6
Industry Metals Fabrication 4
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 26.60
High Date 02/13/2015
Low 24.15
Low Date 02/19/2015
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 20.13
Low Date 01/26/2015
High 26.60
High Date 02/13/2015
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 46.55
High Date 09/17/2014
Low 20.13
Low Date 01/26/2015
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