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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.
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MarketClub’s Trade Triangles for MT
The long-term trend has been UP since Nov 7th, 2019 at 17.33
The intermediate-term trend has been UP since Feb 6th, 2020 at 17.05
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).
| 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 High | 37.5 | Year High Date | 2018-01-26 |
| Year Low | 21.87 | Year Low Date | 2018-11-27 |
| 52wk High | 24.24 | 52wk High Date | 2019-02-06 |
| 52wk Low | 12.53 | 52wk Low Date | 2019-08-15 |
| Year End Close | 17.47 | Average Volume | 2,224,270 |
| Shares Outstanding | 1,021,904 | Short Interest | 30,303,534 |
| % Institutional | 45.8 | Market Cap | 16,910M |
| Assets | 912,490,000M | Liabilities | 491,630,000M |
| P/E Ratio | 3.5 | Beta | 2.43 |
| Volatility | 45.39 |