Technical Analysis for MT - Arcelor Mittal

Grade Last Price % Change Price Change
grade F 13.11 3.31% 0.42
MT closed up 3.31 percent on Friday, August 16, 2019, on 71 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

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

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 3.31%
Doji - Bullish? Reversal 3.31%
New 52 Week Low Weakness 3.31%
Wide Bands Range Expansion 3.31%
Oversold Stochastic Weakness 3.31%
New 52 Week Closing Low Bearish 3.64%
New Downtrend Bearish 3.64%

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, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 32.73
52 Week Low 12.53
Average Volume 2,686,469
200-Day Moving Average 20.2401
50-Day Moving Average 16.203
20-Day Moving Average 15.096
10-Day Moving Average 13.601
Average True Range 0.6098
ADX 26.41
+DI 23.7584
-DI 41.5761
Chandelier Exit (Long, 3 ATRs ) 16.1306
Chandelier Exit (Short, 3 ATRs ) 14.3594
Upper Bollinger Band 18.4732
Lower Bollinger Band 11.7188
Percent B (%b) 0.21
BandWidth 44.742978
MACD Line -1.0425
MACD Signal Line -0.8333
MACD Histogram -0.2092
Fundamentals Value
Market Cap 13.37 Billion
Num Shares 1.02 Billion
EPS 3.18
Price-to-Earnings (P/E) Ratio 4.12
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) 13.82
Resistance 3 (R3) 13.75 13.44 13.70
Resistance 2 (R2) 13.44 13.26 13.48 13.66
Resistance 1 (R1) 13.28 13.15 13.36 13.35 13.62
Pivot Point 12.97 12.97 13.02 13.01 12.97
Support 1 (S1) 12.81 12.79 12.89 12.88 12.60
Support 2 (S2) 12.50 12.68 12.54 12.56
Support 3 (S3) 12.34 12.50 12.52
Support 4 (S4) 12.41