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Stock Trend Analysis Report

Prepared for you on Wednesday, February 19, 2020.

ArcelorMittal SA (NYSE:MT)

Countertrend Up (+85) - MT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NYSE_MT
Open High Low MT Price Change
16.71 16.84 16.57 16.81 +0.19
Entry Signal

MarketClub’s Trade Triangles for MT

long term up The long-term trend has been UP since Nov 7th, 2019 at 17.33

intermediate term up The intermediate-term trend has been UP since Feb 6th, 2020 at 17.05

short term down The short-term trend has been DOWN since Feb 13th, 2020 at 17.65

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).

+85
Smart Scan Analysis for MT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.71 16.84 16.57 16.81 +0.19
Prev. Close Volume Bid Ask Time
16.42 2894323 2020-02-19 15:59:55
Year High37.5Year High Date2018-01-26
Year Low21.87Year Low Date2018-11-27
52wk High24.2452wk High Date2019-02-06
52wk Low12.5352wk Low Date2019-08-15
Year End Close17.47Average Volume2,224,270
Shares Outstanding1,021,904Short Interest30,303,534
% Institutional45.8Market Cap16,910M
Assets912,490,000MLiabilities491,630,000M
P/E Ratio3.5Beta2.43
Volatility45.39
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