Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
US Steel Corporation's stock fell 0.61% in the last session, while trading alongside the downward trend line in the medium and short terms, with negative pressure from the 50-day SMA, countered by positive signals from the RSI while venting off oversold saturation in the RSI.
Therefore we expect more losses for the stock, targeting the pivotal support of 17.09, as long as the resistance of 21.90 holds on.
Expected trend for today: Bearish