Technical Analysis for 0RP9 - ArcelorMittal SA

Grade Last Price % Change Price Change
D 23.88 1.19% 0.28
0RP9 closed up 1.19 percent on Friday, April 26, 2024, on 0 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.
Earnings due: May 2
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish 1.19%
Pocket Pivot Bullish Swing Setup 1.19%
Volume Surge Other 1.19%
Narrow Range Bar Range Contraction 1.19%
Stochastic Reached Oversold Weakness 1.19%
Gapped Up Strength 1.19%
Oversold Stochastic Weakness 1.19%
Narrow Range Bar Range Contraction 1.75%
Below Lower BB Weakness 1.75%

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Profile

ArcelorMittal SA Description

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and pulverized coal injections coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine; and coal mining activities in Kazakhstan. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.


Classification

Is 0RP9 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 27.3977
52 Week Low 17.2892
Average Volume 76,831
200-Day Moving Average 24.07
50-Day Moving Average 24.76
20-Day Moving Average 25.03
10-Day Moving Average 24.88
Average True Range 0.49
RSI (14) 39.39
ADX 31.31
+DI 22.60
-DI 32.10
Chandelier Exit (Long, 3 ATRs) 24.47
Chandelier Exit (Short, 3 ATRs) 24.95
Upper Bollinger Bands 26.66
Lower Bollinger Band 23.40
Percent B (%b) 0.15
BandWidth 13.02
MACD Line -0.16
MACD Signal Line 0.09
MACD Histogram -0.2455
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.26
Resistance 3 (R3) 24.21 24.05 24.19
Resistance 2 (R2) 24.05 23.95 24.07 24.17
Resistance 1 (R1) 23.96 23.89 24.01 24.01 24.15
Pivot Point 23.80 23.80 23.82 23.82 23.80
Support 1 (S1) 23.71 23.70 23.76 23.76 23.61
Support 2 (S2) 23.55 23.64 23.57 23.59
Support 3 (S3) 23.46 23.55 23.57
Support 4 (S4) 23.51