Technical Analysis for MT - Arcelor Mittal

Grade Last Price % Change Price Change
grade C 10.94 3.01% 0.32
MT closed up 3.01 percent on Thursday, July 2, 2020, on 58 percent of normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
Historical MT trend table...

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Gapped Up Strength 0.00%
20 DMA Resistance Bearish 3.01%
Pocket Pivot Bullish Swing Setup 1.96%
Outside Day Range Expansion 1.96%
Crossed Above 50 DMA Bullish 3.50%
Fell Below 50 DMA Bearish 7.68%
180 Bearish Setup Bearish Swing Setup 7.68%
Stochastic Reached Oversold Weakness 7.68%
Oversold Stochastic Weakness 7.68%

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Profile

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa, and CIS; Distribution Solutions; and Mining. It produces a range of finished and semi-finished steel products. The company offers flat products, including sheet and plate products; and long products, such as bars, rods, and structural shapes, as well as produces pipes and tubes for various applications. ArcelorMittal sells its steel products primarily in local markets and through its centralized marketing organization in approximately 170 countries. The company provides its steel products to the automotive, appliance, engineering, construction, and machinery industries. It also produces various types of mining products, including iron ore lump, fines, concentrate, and sinter feed, as well as coking, PCI, and thermal coal. ArcelorMittal has iron ore mining activities in Algeria, Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States; and coal mining activities in Kazakhstan, Russia, and the United States. The company was formerly known as Mittal Steel Company N.V. and changed its name to ArcelorMittal upon completing its merger with Arcelor in September 2007. The company was founded in 1976 and is headquartered in Luxembourg.
Mining Steel Steel Products Cac 40 Ibex 35 Plate Products Arcelormittal Economy Of Europe Machinery Industries Semi Finished Steel Products

Is MT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 18.89
52 Week Low 6.64
Average Volume 7,391,065
200-Day Moving Average 13.48
50-Day Moving Average 10.29
20-Day Moving Average 10.79
10-Day Moving Average 10.54
Average True Range 0.59
ADX 9.26
+DI 29.74
-DI 24.42
Chandelier Exit (Long, 3 ATRs ) 10.60
Chandelier Exit (Short, 3 ATRs ) 11.70
Upper Bollinger Band 11.75
Lower Bollinger Band 9.83
Percent B (%b) 0.58
BandWidth 17.77
MACD Line 0.10
MACD Signal Line 0.12
MACD Histogram -0.0228
Fundamentals Value
Market Cap 11.16 Billion
Num Shares 1.02 Billion
EPS 3.18
Price-to-Earnings (P/E) Ratio 3.44
Price-to-Sales 0.48
Price-to-Book 0.88
PEG Ratio 1.10
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.56
Resistance 3 (R3) 11.60 11.45 11.45
Resistance 2 (R2) 11.45 11.29 11.42 11.42
Resistance 1 (R1) 11.19 11.19 11.12 11.15 11.38
Pivot Point 11.04 11.04 11.00 11.01 11.04
Support 1 (S1) 10.78 10.88 10.71 10.74 10.50
Support 2 (S2) 10.63 10.78 10.60 10.46
Support 3 (S3) 10.37 10.63 10.43
Support 4 (S4) 10.33