Technical Analysis for MT - Arcelor Mittal

Grade Last Price % Change Price Change
D 30.24 -0.49% -0.15
MT closed down 0.49 percent on Friday, September 24, 2021, on 79 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish -0.49%
Calm After Storm Range Contraction -0.49%
NR7 Range Contraction -0.49%
Oversold Stochastic Weakness -0.49%
Slingshot Bearish Bearish Swing Setup 1.54%
Older End-of-Day Signals for MT ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 16 hours ago
2x Volume Pace about 20 hours ago
1.5x Volume Pace about 20 hours ago
Fell Below Previous Day's Low about 20 hours ago
Down 1% about 20 hours ago
View Earlier Intraday Alerts

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Arcelor Mittal Description

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.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Mining Steel Steel Products Coal Mining Cac 40 Rebar Thermal Coal Distribution Solutions Ibex 35 Plate Products Arcelormittal Machinery Industries Mining Products 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 36.58
52 Week Low 13.125
Average Volume 4,005,839
200-Day Moving Average 28.88
50-Day Moving Average 33.28
20-Day Moving Average 32.52
10-Day Moving Average 31.39
Average True Range 1.09
ADX 24.34
+DI 18.24
-DI 36.79
Chandelier Exit (Long, 3 ATRs) 31.58
Chandelier Exit (Short, 3 ATRs) 31.94
Upper Bollinger Bands 35.97
Lower Bollinger Band 29.07
Percent B (%b) 0.17
BandWidth 21.23
MACD Line -0.98
MACD Signal Line -0.62
MACD Histogram -0.355
Fundamentals Value
Market Cap 31.98 Billion
Num Shares 1.06 Billion
EPS 0.61
Price-to-Earnings (P/E) Ratio 49.33
Price-to-Sales 0.37
Price-to-Book 0.54
PEG Ratio 0.57
Dividend 0.20
Dividend Yield 0.66%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.04
Resistance 3 (R3) 31.06 30.81 30.91
Resistance 2 (R2) 30.81 30.60 30.80 30.86
Resistance 1 (R1) 30.52 30.48 30.67 30.51 30.82
Pivot Point 30.27 30.27 30.34 30.26 30.27
Support 1 (S1) 29.99 30.07 30.13 29.97 29.66
Support 2 (S2) 29.74 29.94 29.73 29.62
Support 3 (S3) 29.45 29.74 29.57
Support 4 (S4) 29.44