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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Arcelor Mittal NY Registry Shares NEW (NYSE:MT)

Sidelines Mode (+55) - MT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

NYSE_MT
Open High Low MT Price Change
23.180 23.275 23.050 23.215 -0.035
Entry Signal

MarketClub’s Trade Triangles for MT

long term up The long-term trend has been UP since Nov 7th, 2024 at 26.385

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 23.820

short term up The short-term trend has been UP since Dec 26th, 2024 at 23.270

Smart Scan Analysis for MT

Based on our trend formula, MT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.180 23.275 23.050 23.215 -0.035
Prev. Close Volume Bid Ask Time
23.250 616266 2024-12-26 15:59:28
Year High37.5Year High Date2018-01-26
Year Low21.87Year Low Date2018-11-27
52wk High28.969952wk High Date2023-12-27
52wk Low20.5252wk Low Date2024-08-05
Year End Close17.47Average Volume1,430,096
Shares Outstanding1,021,904Short Interest30,303,534
% Institutional45.8Market Cap16,910M
Assets931,680,000MLiabilities398,600,000M
P/E Ratio22.165Beta2.43
Volatility45.39
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