ARCELORMITTAL-NY REGISTERED (MT) Stock Technical Analysis
NYSE:MT - New York Stock Exchange, Inc. - US03938L2034 - Currency: USD
Overall MT gets a technical rating of 3 out of 10. Although MT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MT has an average volume of 2791820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, MT did better than 88% of all other 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 60% of 152 stocks in the same industry.
MT is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so MT is still doing slightly better than the market.
In the last month MT has a been trading in the 23.20 - 32.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
21.45
28.16
When analyzing the support we can see 6 important areas.
- A support zone ranging from 25.96 to 25.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.74 from a horizontal line in the weekly time frame.
- A support zone ranging from 23.47 to 23.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.64 from a trend line in the weekly time frame.
- Support @22.28 from a trend line in the daily 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.24 to 27.88. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS88.05
Mansfield1.61
10 Day High27.38
10 Day Low23.2
20 Day High32.19
20 Day Low23.2
52 Week High34.9
52 Week Low20.52
Performance
1 Week6.87%
2 Weeks1.04%
1 Month-14.91%
3 Month17.07%
6 Month11.92%
12 Month7.25%
2 Year-4.36%
3 Year-6.87%
5 Year148%
10 Year-15.09%
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
RSI(14)46.76
LBB23.41
UBB29.95
26.55
-0.68 (-2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.5%
1 Week6.87%
2 Weeks1.04%
1 Month-14.91%
3 Month17.07%
6 Month11.92%
12 Month7.25%
2 Year-4.36%
3 Year-6.87%
5 Year148%
10 Year-15.09%
15 YearN/A
Volatility
ATR(14)1.46
ATR(20)%4.61%
ATR Inc-58.95%
Range Today1.08
ADR(20)0.95
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.05
Mansfield1.61
10 Day High27.38
10 Day Low23.2
20 Day High32.19
20 Day Low23.2
52 Week High34.9
52 Week Low20.52
CS1 End25.97
CR1 Start27.24
Volume & EV
DER(3)1.06%
DER(5)-0.03%
Volume1.02M
Volume Incr-20.54%
Vol(5)1.90M
Vol(50)2.79M