Stock Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
ArcelorMittal SA (NYSE:MT)
Crossroads (-60) - MT is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for MT
The long-term trend has been UP since Aug 11th, 2020 at 12.38
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 30.62
The short-term trend has been DOWN since Jun 15th, 2021 at 32.41
Smart Scan Analysis for MT
Based on our trend formula, MT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||37.5||Year High Date||2018-01-26|
|Year Low||21.87||Year Low Date||2018-11-27|
|52wk High||33.96||52wk High Date||2021-06-01|
|52wk Low||10.0401||52wk Low Date||2020-06-24|
|Year End Close||17.47||Average Volume||4,232,494|
|Shares Outstanding||1,021,904||Short Interest||30,303,534|
|% Institutional||45.8||Market Cap||16,910M|