Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

ArcelorMittal 5.50% Mandatorily Convertible Subordinated Notes due 2023 (NYSE:MTCN)

Long-Term Uptrend (+90) - MTCN is in a strong uptrend that is likely to continue. While MTCN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid MTCN?

MarketClub looks at technical strength and momentum to determine if the timing is right for MTCN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MTCN
Open High Low MTCN Price Change
86.42 86.83 86.30 86.83 +0.02
Entry Signal

MarketClub’s Trade Triangles for MTCN

long term up The long-term trend has been UP since Jan 11th, 2022 at 82.06

intermediate term up The intermediate-term trend has been UP since Dec 14th, 2021 at 72.29

short term up The short-term trend has been UP since Jan 4th, 2022 at 75.93

Smart Scan Analysis for MTCN

Based on our trend formula, MTCN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MTCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
86.42 86.83 86.30 86.83 +0.02
Prev. Close Volume Bid Ask Time
86.83 157203 2022-01-14 15:56:02
52wk High88.0352wk High Date2022-01-13
52wk Low49.5652wk Low Date2021-01-27
Average Volume240,974Assets880,910,000M
Liabilities409,750,000M
Get a free daily analysis and signals for ArcelorMittal 5.50% Mandatorily Convertible Subordinated Notes due 2023 (MTCN) - Request Your Free Report.