ARCELORMITTAL (MT.AS)
LU1598757687 - Common Stock
We assign a technical rating of 0 out of 10 to MT. MT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
82% of all other stocks performed better in the past year than MT.
MT is one of the lesser performing stocks in the Metals & Mining industry. 63% of 39 stocks in the same industry do better.
MT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
MT has an average volume of 2275710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
MT has a poor technical rating and the quality of the setup is also not perfect 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
21.02
24.88
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.69 to 21.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @21.23 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.82 to 24.63. 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
CRS18.57
Mansfield-1.11
10 Day High22.83
10 Day Low20.96
20 Day High24.24
20 Day Low20.96
52 Week High26.95
52 Week Low18.43
Performance
1 Week2.34%
2 Weeks-1.04%
1 Month-10.05%
3 Month-2.85%
6 Month5.2%
12 Month-9.7%
2 Year-22.99%
3 Year-16.63%
5 Year63.52%
10 Year-13.98%
15 Year-73.06%
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)-0.01
RSI(14)41.84
LBB20.97
UBB22.69
ARCELORMITTAL
AMS:MT (1/14/2025, 7:00:00 PM)
21.84
+0.09 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.41%
1 Week2.34%
2 Weeks-1.04%
1 Month-10.05%
3 Month-2.85%
6 Month5.2%
12 Month-9.7%
2 Year-22.99%
3 Year-16.63%
5 Year63.52%
10 Year-13.98%
15 Year-73.06%
Volatility
ATR(14)0.46
ATR(20)%2.16%
ATR Inc9.44%
Range Today0.38
ADR(20)0.43
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.57
Mansfield-1.11
10 Day High22.83
10 Day Low20.96
20 Day High24.24
20 Day Low20.96
52 Week High26.95
52 Week Low18.43
CS1 End21.82
CR1 Start23.82
Volume & EV
DER(3)-0.06%
DER(5)-0.9%
Volume2.98M
Volume Incr5%
Vol(5)2.25M
Vol(50)2.28M