ARCELORMITTAL-NY REGISTERED (MT) Stock Technical Analysis
NYSE:MT - New York Stock Exchange, Inc. - US03938L2034 - Currency: USD
Overall MT gets a technical rating of 10 out of 10. 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.
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 87% of all stocks.
MT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MT is lagging the market slightly.
In the last month MT has a been trading in the 29.80 - 33.16 range, which is quite wide. It is currently trading near the high of this range.
MT has an average volume of 1527140 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 63% of 154 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MT has an excellent technical rating, it does not present a decent entry opportunity 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
32.84
When analyzing the support we can see 5 important areas.
- A support zone ranging from 29.96 to 31.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.64 from a trend line in the weekly time frame.
- Support @25.04 from a trend line in the daily time frame.
- Support @23.10 from a trend line in the weekly time frame.
- Support @21.67 from a horizontal line in the weekly 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 | 87.47 | POSITIVE | MT has a high relative strength, it outperformed 87.47% 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) | 66.2 | NEUTRAL | The RSI value for MT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests MT has a positive trend. |
| Stochastics (14,3) | 87.22 | OVERBOUGHT | The high Stochastics value suggests MT may be overbought. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for MT suggests some volalility. |
| Average Directional Index/ADX (14) | 7.78 | 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)
NYSE:MT (7/3/2025, 10:51:09 AM)
32.51
-0.54 (-1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.63%
1 Week6.58%
2 Weeks9.22%
1 Month9.73%
3 Month33.59%
6 Month48.94%
12 Month42.21%
2 Year14.52%
3 Year34.4%
5 Year201.28%
10 Year22.14%
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%2.14%
ATR Inc128.74%
Range Today0.37
ADR(20)0.5
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.47
Mansfield1.67
10 Day High33.16
10 Day Low29.86
20 Day High33.16
20 Day Low29.8
52 Week High34.9
52 Week Low20.52
CS1 End30.75
CR1 Start31.45
Volume & EV
DER(3)3.53%
DER(5)3.36%
Volume550.30K
Volume Incr9.13%
Vol(5)1.48M
Vol(50)1.53M