Munafa Arcelormittal (MTCN) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow
Munafa Arcelormittal (MTCN) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow Arcelormittal intraday tips for today and tomorrow
Arcelormittal (MTCN) Indicator analysis
Recent prices of MTCN Arcelormittal are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 17 Wed May 2023 | 61.83 | 61.77 to 62.67 | 3.05% | 18.32 times |
| 16 Tue May 2023 | 60.00 | 60.00 to 61.84 | -3.86% | 8.12 times |
| 15 Mon May 2023 | 62.41 | 61.86 to 62.41 | 0.99% | 0.01 times |
| 12 Fri May 2023 | 61.80 | 61.80 to 62.46 | 0.49% | 0.03 times |
| 11 Thu May 2023 | 61.50 | 60.89 to 61.50 | -3.03% | 1.45 times |
| 10 Wed May 2023 | 63.42 | 62.57 to 64.57 | -2.16% | 0.04 times |
| 09 Tue May 2023 | 64.82 | 63.90 to 64.97 | 0.36% | 0.03 times |
| 08 Mon May 2023 | 64.59 | 64.55 to 65.74 | 1.24% | 0.03 times |
| 05 Fri May 2023 | 63.80 | 62.94 to 64.22 | 2.59% | 0.03 times |
| 04 Thu May 2023 | 62.19 | 61.98 to 64.47 | -5.66% | 0.17 times |
| 03 Wed May 2023 | 65.92 | 65.88 to 66.84 | -0.54% | 0.08 times |
| 02 Tue May 2023 | 66.28 | 65.01 to 66.29 | -0.08% | 0.03 times |
Arcelormittal MTCN intraday stock tips
17 Wednesday May Stock tips for Arcelormittal Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Arcelormittal MTCN gave a large move recently.
My analysis of Arcelormittal is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Arcelormittal stays below 61.9, but if it comes above 61.9, then a intra day buy could be more profitable.
If you take a sell trade below 61.9, then use 61.9 as stoploss and 59.1 as target. However if you take a buy trade in Arcelormittal, then use 61.9 as stoploss and 64.19 as target.
16 Tuesday May Stock tips for Arcelormittal Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Arcelormittal MTCN gave a large move recently.
Although my analysis for Arcelormittal is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 59, for a target of 62 or 64.44
15 Monday May Stock tips for Arcelormittal Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Arcelormittal MTCN gave a large move recently.
My analysis of Arcelormittal is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 62.4 as stoploss in an intra day buy trade for a target of 64.91. However, stock will show a bearish move below 62.4.
12 Friday May Stock tips for Arcelormittal Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Arcelormittal MTCN gave a large move recently.
My analysis of Arcelormittal is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Arcelormittal stays below 62.5, but if it comes above 62.5, then a intra day buy could be more profitable.
If you take a sell trade below 62.5, then use 62.5 as stoploss and 59.4 as target. However if you take a buy trade in Arcelormittal, then use 62.5 as stoploss and 65.17 as target.
11 Thursday May Stock tips for Arcelormittal Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Arcelormittal MTCN gave a large move recently.
My analysis of Arcelormittal is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Arcelormittal stays below 62.9, but if it comes above 62.9, then a intra day buy could be more profitable.
If you take a sell trade below 62.9, then use 62.9 as stoploss and 59.8 as target. However if you take a buy trade in Arcelormittal, then use 62.9 as stoploss and 65.52 as target.
10 Wednesday May Stock tips for Arcelormittal Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Arcelormittal MTCN gave a large move recently.
My analysis of Arcelormittal is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 63.4 as stoploss in an intra day buy trade for a target of 65.94. However, stock will show a bearish move below 63.4.
09 Tuesday May Stock tips for Arcelormittal Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
It appears as if Arcelormittal MTCN gave a large move recently.
My analysis of Arcelormittal is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 63.8 as stoploss in an intra day buy trade for a target of 66.21. However, stock will show a bearish move below 63.8.
Arcelormittal MTCN tips for tomorrow
Tomorrow's movement Prediction of Arcelormittal MTCN is showing signs of strength. Either there is a positive sentiment following this stock or an Elephant got in here.
Tomorrow's movement Prediction of Arcelormittal MTCN looks Bullish! There has been some positive changes in this stock and it appears that this sentiment can continue tomorrow.
Munafa value: 70
If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.
If the Munafa value is near 50, then the stock might show a sideways movement.


