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Stock Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

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

Sidelines Mode (-55) - MTCN 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 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
65.1900 65.5854 65.1653 65.5800 -0.6000
Entry Signal

MarketClub’s Trade Triangles for MTCN

long term up The long-term trend has been UP since Nov 11th, 2022 at 61.20

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2023 at 69.00

short term up The short-term trend has been UP since Mar 21st, 2023 at 64.44

Smart Scan Analysis for MTCN

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

-55
Smart Scan Analysis for MTCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.1900 65.5854 65.1653 65.5800 -0.6000
Prev. Close Volume Bid Ask Time
66.1800 922 2023-03-24 11:43:47
52wk High80.552wk High Date2022-03-25
52wk Low46.4152wk Low Date2022-09-28
Average Volume10,228Assets912,160,000M
Liabilities396,530,000M
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