ARCELORMITTAL-NY REGISTERED (MT) Stock Technical Analysis
NYSE:MT - New York Stock Exchange, Inc. - US03938L2034 - Currency: USD
We assign a technical rating of 9 out of 10 to MT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
MT is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so MT slightly outperforms the market at the moment.
In the last month MT has a been trading in the 23.20 - 30.84 range, which is quite wide. It is currently trading near the high of this range.
MT has an average volume of 2586510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MT is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
MT is an average performer in the Metals & Mining industry, it outperforms 69% of 154 stocks in the same industry.
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
21.45
30.95
When analyzing the support we can see 6 important areas.
- Support @30.02 from a trend line in the daily time frame.
- Support @26.55 from a horizontal line in the daily time frame.
- Support @25.63 from a trend line in the weekly time frame.
- Support @23.93 from a trend line in the daily time frame.
- Support @22.73 from a trend line in the weekly time frame.
- A support zone ranging from 21.67 to 21.75. 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
CRS90.67
Mansfield2.1
10 Day High30.84
10 Day Low26.18
20 Day High30.84
20 Day Low23.2
52 Week High34.9
52 Week Low20.52
Performance
1 Week3.58%
2 Weeks12.52%
1 Month13.69%
3 Month24%
6 Month24.65%
12 Month16.86%
2 Year22.81%
3 Year-5.29%
5 Year218.5%
10 Year-4.73%
15 YearN/A
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)0.43
RSI(14)60.7
LBB25.7
UBB31.51
30.64
+0.94 (+3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.16%
1 Week3.58%
2 Weeks12.52%
1 Month13.69%
3 Month24%
6 Month24.65%
12 Month16.86%
2 Year22.81%
3 Year-5.29%
5 Year218.5%
10 Year-4.73%
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%4.42%
ATR Inc-7.94%
Range Today0.39
ADR(20)1.01
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.67
Mansfield2.1
10 Day High30.84
10 Day Low26.18
20 Day High30.84
20 Day Low23.2
52 Week High34.9
52 Week Low20.52
CS1 End30.02
CR1 StartN/A
Volume & EV
DER(3)7.08%
DER(5)4.13%
Volume1.45M
Volume Incr-23.99%
Vol(5)1.80M
Vol(50)2.59M