Technical Analysis for MT - Arcelor Mittal

Grade Last Price % Change Price Change
grade F 20.45 -1.45% -0.30
MT closed down 1.45 percent on Monday, March 25, 2019, on 89 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical MT trend table...

Date Alert Name Type % Chg
Mar 25 Stochastic Reached Oversold Weakness 0.00%
Mar 25 Down 3 Days in a Row Weakness 0.00%
Mar 25 Oversold Stochastic Weakness 0.00%
Mar 22 MACD Bearish Signal Line Cross Bearish -1.45%
Mar 22 Expansion Breakdown Bearish Swing Setup -1.45%
Mar 22 Gapped Down Weakness -1.45%
Mar 21 Fell Below 20 DMA Bearish -7.34%
Mar 21 Fell Below 50 DMA Bearish -7.34%
Mar 20 Crossed Above 20 DMA Bullish -9.19%
Mar 20 Crossed Above 50 DMA Bullish -9.19%

Older signals for MT ...

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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 Economy Of Europe Plate Products 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
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 36.515
52 Week Low 19.5
Average Volume 2,832,768
200-Day Moving Average 26.3959
50-Day Moving Average 22.4064
20-Day Moving Average 22.0485
10-Day Moving Average 21.676
Average True Range 0.6476
ADX 12.11
+DI 24.3815
-DI 38.0723
Chandelier Exit (Long, 3 ATRs ) 21.8672
Chandelier Exit (Short, 3 ATRs ) 22.3428
Upper Bollinger Band 23.6981
Lower Bollinger Band 20.3989
Percent B (%b) 0.02
BandWidth 14.963376
MACD Line -0.3507
MACD Signal Line -0.2317
MACD Histogram -0.119
Fundamentals Value
Market Cap 20.86 Billion
Num Shares 1.02 Billion
EPS 3.18
Price-to-Earnings (P/E) Ratio 6.43
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) 20.99
Resistance 3 (R3) 21.03 20.90 20.90
Resistance 2 (R2) 20.90 20.76 20.88 20.87
Resistance 1 (R1) 20.67 20.67 20.61 20.63 20.84
Pivot Point 20.54 20.54 20.50 20.52 20.54
Support 1 (S1) 20.31 20.40 20.25 20.27 20.06
Support 2 (S2) 20.18 20.31 20.16 20.03
Support 3 (S3) 19.95 20.18 20.00
Support 4 (S4) 19.91