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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Arcelor Mittal NY Registry Shares NEW (NYSE:MT)
Countertrend Down (-85) - MT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MT
The long-term trend has been DOWN since Mar 5th, 2024 at 25.130
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 26.860
The short-term trend has been UP since Apr 22nd, 2024 at 25.485
Smart Scan Analysis for MT
Based on our trend formula, MT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.430 | 25.925 | 25.325 | 25.810 | +0.420 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.810 | 1356507 | 2024-04-22 15:59:58 |
| Year High | 37.5 | Year High Date | 2018-01-26 |
| Year Low | 21.87 | Year Low Date | 2018-11-27 |
| 52wk High | 29.15 | 52wk High Date | 2023-07-31 |
| 52wk Low | 21.3 | 52wk Low Date | 2023-10-30 |
| Year End Close | 17.47 | Average Volume | 1,726,672 |
| Shares Outstanding | 1,021,904 | Short Interest | 30,303,534 |
| % Institutional | 45.8 | Market Cap | 16,910M |
| Assets | 939,170,000M | Liabilities | 399,560,000M |
| P/E Ratio | 23.6789 | Beta | 2.43 |
| Volatility | 45.39 |