Second Opinion® Trade Trigger : ARCELORMITTAL (MT)
Trade Trigger stocks are breaking through significant resistance (bullish) or support (bearish) areas.
Report created after market close on 05/05/25

Neutral

MarketEdge® Second Opinion

$29.92

Entry Price

Downgraded

From Long on 04/10/2025

$26.97

Price At Downgrade

12.5%

Change Since Downgrade

Recommendation

Stock shows Mildly Deteriorating Conditions. SCORE = -2
If you are Long, hold current position. Do not initiate new position.
Stock is Not a Short Sale Candidate.

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Trade Activity for: 05/05/25

Close
 30.33
Change
 -0.31
Volume
 7530
Open
 30.46
High
30.58
Low
30.29

MarketEdge Indicators

Opinion Score
Power Rating
Mildly Deteriorating
Bearish Bullish
3

Annual Chart

Get Alerted
When MT
Changes Opinion

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Comment

The stock has outperformed the market over the last 50 trading days when compared to the S&P 500. The MACD-LT is indicating that the intermediate-term trend is bearish at this time. MT's chart formation is showing signs of reversing its recent trend. If the stock closes below $29.92 a change in trend will be confirmed.Upside momentum, as measured by the 14-day RSI indicator, remains positive. The stock is in a short-term overbought condition based on a Slow % K stochastic reading of 80 or higher. Over the last 50 trading sessions, there has been more volume on down days than on up days, indicating that MT is under distribution, which is a bearish condition. The stock is trading above a rising 50-day moving average. If MT falls below this important support level it could trigger additional selling pressure. MT could find secondary support at its rising 200-day moving average.

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Price Analysis

Yr. High/Yr. Low

34.9 20.52

MO Chg.(%)

 22.6%

Trend Line Resistance

 0

Trend Line Support

 28.97

Buy Stop

 29.92

Volatility(%)

 3.5

Position

 93

ADXR

 28

Volume Analysis

Avg Volume(00)

21589

MO Chg.(%)

-6%

U/D Ratio/Slope

 1.2 Down

On Balance Volume

Bullish

Positive OBV

Bullish

Negative OBV

Bearish

Money Flow (MF)

81

MF Slope

Bullish

Technical Analysis

Alpha/Beta

 0 1.11

B.Bands

30

MACD ST/LT

 Bullish Bearish

50-Day R.S.

1.16

Wilder's RSI

59

Sto. Fast/Slow

82 83

OBOS/RSV

-1 89

C-Rate

0
Moving Average Price % Slope
10 Day 29.65 102 Up
21 Day 27.74 109 Up
50 Day 29.37 103 Up
200 Day 25.44 119 Up

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