TRADE

AS OF

May 17 closing price

Price

$26.45

Change

+$0.03 (+0.11%)

Capitalization

21.3B

75 days until earnings call

OUR PRODUCTS

MOBILE APPS

GENERAL INFO

MT Stock ArcelorMittal (MT, $26.4) price may drop as it broke higher Bollinger Band on May 16, 2024

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05/17/24

MT - ArcelorMittal

Bollinger signal

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Odds of DOWN Trend

Price: $26.4

Daily change: +$0.74 (+2.88%)

Daily volume: 2M

Capitalization: $20.7B

Industry: Steel

This price move could be a signal that MT may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 50 similar cases where MT's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:

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published General Information

General Information

an operator of mines, manufactures and distributes carbon steel and stainless steel products

Industry Steel

Profile

Fundamentals

Details

Industry

Steel

Address

24-26, Boulevard dâ€™Avranches

Phone

+352 47921

Employees

126756

Web

http://www.arcelormittal.com