MT makes notable crossover below critical moving average
During Thursday’s trading, shares of ArcelorMittal SA (symbol: MT) broke below their 200-day moving average of $26.34 and switched hands to just $25.90 per share. Shares of ArcelorMittal SA are currently trading around 3.5% on the day. The chart below shows the performance of MT stocks over a year, compared to the 200-day moving average:
Looking at the chart above, MT’s low in its 52-week range is $19.25 per share, with $33.77 as a 52-week high – compare to a last trade of $26.13.
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