ARCELORMITTAL (MT.AS)
LU1598757687 - Common Stock
Taking everything into account, MT scores 0 out of 10 in our technical rating. MT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
80% of all other stocks performed better in the past year than MT.
MT is part of the Metals & Mining industry. There are 41 other stocks in this industry, of which 70% are performing better than MT.
In the last month MT has a been trading in the 23.50 - 26.34 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MT has an average volume of 2537330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MT is lagging the market slightly.
The technical rating of MT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.45
26.81
We found 1 important support area.
- Support @20.66 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 24.77 to 25.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.69 to 25.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 26.30 to 26.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.92
Mansfield-1.03
10 Day High26.34
10 Day Low23.5
20 Day High26.34
20 Day Low23.5
52 Week High26.95
52 Week Low19.91
Performance
1 Week-6.81%
2 Weeks-7.36%
1 Month-2.4%
3 Month-1.59%
6 Month16.13%
12 Month-8.04%
2 Year-15.35%
3 Year-1.86%
5 Year23.14%
10 Year-32.22%
15 Year-53.55%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.23
RSI(14)35.8
LBB23.61
UBB26.73
ARCELORMITTAL
AMS:MT (4/19/2024, 5:35:15 PM)
23.83
+0.03 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.13%
1 Week-6.81%
2 Weeks-7.36%
1 Month-2.4%
3 Month-1.59%
6 Month16.13%
12 Month-8.04%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.66
ATR(20)%2.46%
ATR Inc
Range Today0.45
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High26.34
10 Day Low23.5
20 Day High26.34
20 Day Low23.5
52 Week High26.95
52 Week Low19.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume853.64K
Volume Incr76.77%
Vol(5)4.07M
Vol(50)2.54M