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Stock Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

ArcelorMittal (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
59.26 59.71 58.61 58.85 -0.77
Entry Signal

MarketClub’s Trade Triangles for MTCN

long term up The long-term trend has been UP since Jun 1st, 2020 at 25.59

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 56.51

short term up The short-term trend has been UP since Feb 16th, 2021 at 56.51

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
59.26 59.71 58.61 58.85 -0.77
Prev. Close Volume Bid Ask Time
59.62 268163 2021-03-03 15:59:59
52wk High61.1552wk High Date2021-01-07
52wk Low25.3752wk Low Date2020-05-29
Average Volume54,948Assets825,250,000M
Liabilities466,870,000M
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