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Stock Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
Arcelor Mittal NY Registry Shares NEW (NYSE:MT)
Crossroads (+60) - MT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 May 11th, 2023 at 26.2400
The intermediate-term trend has been UP since Nov 15th, 2023 at 23.4500
The short-term trend has been UP since Nov 14th, 2023 at 22.8596
Smart Scan Analysis for MT
Based on our trend formula, MT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.440 | 25.480 | 25.210 | 25.265 | -0.175 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.440 | 1597687 | 2023-12-05 15:59:55 |
| Year High | 37.5 | Year High Date | 2018-01-26 |
| Year Low | 21.87 | Year Low Date | 2018-11-27 |
| 52wk High | 32.485 | 52wk High Date | 2023-03-03 |
| 52wk Low | 21.3 | 52wk Low Date | 2023-10-30 |
| Year End Close | 17.47 | Average Volume | 2,032,380 |
| Shares Outstanding | 1,021,904 | Short Interest | 30,303,534 |
| % Institutional | 45.8 | Market Cap | 16,910M |
| Assets | 937,390,000M | Liabilities | 383,330,000M |
| P/E Ratio | 5.0778 | Beta | 2.43 |
| Volatility | 45.39 |