MT
Price
$23.21
Change
-$0.76 (-3.17%)
Updated
Dec 18 closing price
49 days until earnings call
SLX
Price
$61.42
Change
-$2.36 (-3.70%)
Updated
Dec 18 closing price
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MT vs SLX

Header iconMT vs SLX Comparison
Open Charts MT vs SLXBanner chart's image
ArcelorMittal
Price$23.21
Change-$0.76 (-3.17%)
Volume$2.05M
CapitalizationN/A
VanEck Steel ETF
Price$61.42
Change-$2.36 (-3.70%)
Volume$12.42K
CapitalizationN/A
MT vs SLX Comparison Chart
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MT
Daily Signalchanged days ago
Gain/Loss if bought
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SLX
Daily Signalchanged days ago
Gain/Loss if bought
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MT vs. SLX commentary
Dec 19, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is MT is a Hold and SLX is a Sell.

COMPARISON
Comparison
Dec 19, 2024
Stock price -- (MT: $23.21)
Brand notoriety:
Market capitalization --

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

MT’s FA Score shows that 2 FA rating(s) are green while.

  • MT’s FA Score: 2 green, 3 red.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

MT’s TA Score shows that 5 TA indicator(s) are bullish.

  • MT’s TA Score: 5 bullish, 4 bearish.

Price Growth

MT (@Steel) experienced а -10.18% price change this weekfor the same time period.

The average weekly price growth across all stocks in the @Steel industry was -5.22%. For the same industry, the average monthly price growth was -3.77%, and the average quarterly price growth was -2.95%.

Reported Earning Dates

MT is expected to report earnings on Feb 06, 2025.

Industries' Descriptions

@Steel (-5.22% weekly)

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

SUMMARIES
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FUNDAMENTALS RATINGS
MT: Fundamental Ratings
MT
OUTLOOK RATING
1..100
56
VALUATION
overvalued / fair valued / undervalued
1..100
12
Undervalued
PROFIT vs RISK RATING
1..100
59
SMR RATING
1..100
98
PRICE GROWTH RATING
1..100
59
P/E GROWTH RATING
1..100
3
SEASONALITY SCORE
1..100
50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
MTSLX
RSI
ODDS (%)
Bullish Trend 1 day ago
73%
Bullish Trend 3 days ago
83%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
70%
Bullish Trend 3 days ago
87%
Momentum
ODDS (%)
Bearish Trend 1 day ago
66%
Bearish Trend 3 days ago
80%
MACD
ODDS (%)
Bearish Trend 1 day ago
70%
Bearish Trend 3 days ago
84%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
70%
Bearish Trend 3 days ago
85%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
66%
Bearish Trend 3 days ago
85%
Advances
ODDS (%)
Bullish Trend 10 days ago
70%
Bullish Trend 18 days ago
89%
Declines
ODDS (%)
Bearish Trend 1 day ago
71%
Bearish Trend 3 days ago
86%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
76%
Bullish Trend 3 days ago
82%
Aroon
ODDS (%)
N/A
Bearish Trend 3 days ago
78%
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MT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
SLX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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SLX and

Correlation & Price change

A.I.dvisor indicates that over the last year, SLX has been closely correlated with STLD. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if SLX jumps, then STLD could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SLX
1D Price
Change %
SLX100%
-3.70%
STLD - SLX
76%
Closely correlated
-1.53%
CMC - SLX
74%
Closely correlated
-5.39%
RS - SLX
71%
Closely correlated
-4.14%
MT - SLX
71%
Closely correlated
-3.17%
CLF - SLX
70%
Closely correlated
-3.54%
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