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ARCELORMITTAL-NY REGISTERED (MT) Stock Technical Analysis

NYSE:MT - New York Stock Exchange, Inc. - US03938L2034

23.26  +0.08 (+0.35%)

After market: 23.26 0 (0%)

Technical Rating and Analysis

0

Overall MT gets a technical rating of 0 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
77% of all other stocks performed better in the past year than MT.
In the last month MT has a been trading in the 21.59 - 24.03 range, which is quite wide. It is currently trading near the high of this range.
MT has an average volume of 1595100 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 41% of 154 stocks in the same industry.
MT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MT is lagging the market.
Weekly and Daily overview Charts
MT Weekly chart
MT Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

21.45

26.78

We found 1 important support area.

  • 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.

We can see 3 important resistance areas.

  • A resistance zone ranging from 23.56 to 23.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 25.11 to 25.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 25.96 to 26.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.42
Mansfield-1.45
10 Day High23.48
10 Day Low21.59
20 Day High24.03
20 Day Low21.59
52 Week High28.95
52 Week Low20.52
Performance
1 Week5.44%
2 Weeks1.75%
1 Month-2.96%
3 Month-4.4%
6 Month3.15%
12 Month-12.42%
2 Year-24.82%
3 Year-21.58%
5 Year58.66%
10 Year-19.57%
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)0.15
RSI(14)50.27
LBB21.56
UBB23.66
MT Daily chart

ARCELORMITTAL-NY REGISTERED

NYSE:MT (1/17/2025, 8:16:20 PM)

After market: 23.26 0 (0%)

23.26

+0.08 (+0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.35%
1 Week5.44%
2 Weeks1.75%
1 Month-2.96%
3 Month-4.4%
6 Month3.15%
12 Month-12.42%
2 Year-24.82%
3 Year-21.58%
5 Year58.66%
10 Year-19.57%
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%1.81%
ATR Inc-32.45%
Range Today0.34
ADR(20)0.35
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.42
Mansfield-1.45
10 Day High23.48
10 Day Low21.59
20 Day High24.03
20 Day Low21.59
52 Week High28.95
52 Week Low20.52
CS1 End21.75
CR1 Start23.56
Volume & EV
DER(3)1.78%
DER(5)2.85%
Volume1.73M
Volume Incr24.44%
Vol(5)1.84M
Vol(50)1.60M