ARCELORMITTAL-NY REGISTERED (MT) Stock Technical Analysis
USA - NYSE:MT - US03938L2034
39.57 USD
+0.41 (+1.05%)
39.57 USD
0 (0%)
We assign a technical rating of 10 out of 10 to MT. Both in the recent history as in the last year, MT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MT is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, MT also shows a nice and consistent pattern of rising prices.
MT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MT has a been trading in the 36.70 - 40.03 range, which is quite wide. It is currently trading near the high of this range.
MT has an average volume of 1358360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MT is an average performer in the Metals & Mining industry, it outperforms 47% of 154 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Although MT has an excellent technical rating, it does not offer a high 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
29.66
39.97
We found 4 important support areas.
- A support zone ranging from 38.08 to 38.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.36 to 37.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.07 from a trend line in the daily time frame.
- Support @29.96 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MT is up. |
| ChartMill Relative Strength | 89.6 | POSITIVE | MT has a high relative strength, it outperformed 89.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.42 | NEUTRAL | The RSI value for MT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.97 | NEUTRAL | The Stochastics value for MT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for MT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.59 | NEGATIVE | The low ADX value for MT suggests a weak or negative trend. |
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)
39.57
+0.41 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.05%
1 Week3.67%
2 Weeks-0.08%
1 Month3.18%
3 Month17.84%
6 Month28.85%
12 Month56.59%
2 Year57.09%
3 Year46.28%
5 Year117.9%
10 Year171.4%
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%2.15%
ATR Inc56.16%
Range Today0.65
ADR(20)0.66
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.6
3 months CRS86
6 months CRS83.55
Mansfield1.58
10 Day High40.03
10 Day Low36.7
20 Day High40.03
20 Day Low36.7
52 Week High41.28
52 Week Low21.59
CS1 End38.57
CR1 StartN/A
Volume & EV
DER(3)-0.04%
DER(5)0.31%
Volume1.37M
Volume Incr50.25%
Vol(5)1.93M
Vol(50)1.36M
ARCELORMITTAL-NY REGISTERED / MT FAQ
What is the technical rating for MT stock?
ChartMill assigns a technical rating of 10 / 10 to MT.
Can you provide the trend direction for ARCELORMITTAL-NY REGISTERED?
The current trend direction for ARCELORMITTAL-NY REGISTERED (MT) is Bullish.
What is the RSI signal for ARCELORMITTAL-NY REGISTERED (MT) stock?
ARCELORMITTAL-NY REGISTERED (MT) has an RSI value of 59.424. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ARCELORMITTAL-NY REGISTERED?
The MACD indicator for ARCELORMITTAL-NY REGISTERED (MT) has a value of -0.0889838, indicating a bearish trend.
What is the short term momentum for ARCELORMITTAL-NY REGISTERED (MT) stock?
The short term momentum for ARCELORMITTAL-NY REGISTERED (MT) is positive.