Free Point and Figure charts Mechel Steel Group Oao American MTL.P share NYSE Stock Exchange

Stock MTL.P - Share Mechel Steel Group Oao American trades in NYSE

Daily Support: 0.97
Daily Resistance: 1.35
5 Day Moving Average is 1.55
20 Day Moving Average is 2.02

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Fri 25 Feb 2022	14.29%	1.49	1.20	1.50	1.12	15.33 times
Thu 24 Feb 2022	-35.98%	1.05	1.05	1.20	0.76	14.03 times
Wed 23 Feb 2022	-8.89%	1.80	1.64	1.80	1.64	0.75 times
Tue 22 Feb 2022	-11.76%	1.81	1.80	1.92	1.48	5.39 times
Fri 18 Feb 2022	0%	2.04	2.04	2.13	2.01	0.66 times
Fri 18 Feb 2022	-4.67%	2.04	2.04	2.13	2.01	0.66 times
Thu 17 Feb 2022	-5.31%	2.19	2.14	2.19	2.11	0.5 times
Wed 16 Feb 2022	1.35%	2.25	2.26	2.28	2.21	1.43 times
Tue 15 Feb 2022	5.69%	2.29	2.23	2.29	2.19	0.58 times
Mon 14 Feb 2022	-1.86%	2.19	2.11	2.20	2.09	0.78 times

Point & Figure Charts for Mechel Steel Group Oao American MTL.P

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Mechel Steel Group Oao American MTL.P and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Mechel Steel Group Oao American MTL.P stock.