(MT) Arcelormittal complete technical analysis [charts+indicators] | Buy/Sell Arcelormittal | (MT) share price targets
Complete technical analysis of Arcelormittal (MT) by charts plus indicators, forecast predictions and share price targets for Arcelormittal (MT)
Arcelormittal trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-12-11 View latest technical analysis
10 day averaged volume of Arcelormittal is 1366660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 25.84 | 25.76 | 25.91 | 25.61 | 0.623 times |
| 10 Tue Dec 2024 | 25.87 | 25.75 | 25.93 | 25.66 | 0.897 times |
| 09 Mon Dec 2024 | 25.74 | 26.15 | 26.35 | 25.70 | 1.267 times |
| 05 Thu Dec 2024 | 25.40 | 25.30 | 25.45 | 25.30 | 0.337 times |
| 26 Tue Nov 2024 | 23.94 | 24.35 | 24.38 | 23.82 | 1.242 times |
| 26 Tue Nov 2024 | 23.94 | 24.35 | 24.38 | 23.82 | 1.242 times |
| 25 Mon Nov 2024 | 24.86 | 25.07 | 25.28 | 24.85 | 1.102 times |
| 22 Fri Nov 2024 | 25.11 | 24.92 | 25.14 | 24.92 | 0.991 times |
| 21 Thu Nov 2024 | 25.29 | 25.03 | 25.38 | 24.97 | 0.927 times |
| 20 Wed Nov 2024 | 25.08 | 25.13 | 25.25 | 24.99 | 1.128 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 25.9 as stoploss in an intra day sell trade for a target of 25.18. However, stock will show a bullish move above 25.9.
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 20.52 |
| Downside Target | 21.60 |
| Downside Target | 23.39 |
| Downside Target | 24.87 |
| Downside Target | 25.61 |
| Downside Target | 25.62 |
| Downside Target | 25.69 |
| Upside Target | 26.35 |
| Upside Target | 26.37 |
| Upside Target | 26.39 |
| Upside Target | 26.89 |
Intraday share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Intraday Target | 25.52 |
| Downside Intraday Target | 25.19 |
| Upside Intraday Target | 26.26 |
| Upside Intraday Target | 26.67 |
| Upside Intraday Target | 25.93 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 25.84 | 26.15 | 26.35 | 25.61 | 1.765 times |
| 05 Thu Dec 2024 | 25.40 | 24.35 | 25.45 | 23.82 | 0.673 times |
| 26 Tue Nov 2024 | 23.94 | 25.07 | 25.28 | 23.82 | 0.464 times |
| 22 Fri Nov 2024 | 25.11 | 25.28 | 25.62 | 24.87 | 0.752 times |
| 15 Fri Nov 2024 | 25.27 | 25.58 | 25.69 | 23.76 | 0.794 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Arcelormittal (MT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 25.84 | 25.30 | 26.35 | 25.30 | 0.127 times |
| 26 Tue Nov 2024 | 23.94 | 24.72 | 26.89 | 23.76 | 1.029 times |
| 31 Thu Oct 2024 | 24.62 | 26.23 | 26.37 | 23.39 | 1.034 times |
| 30 Mon Sep 2024 | 26.26 | 22.91 | 26.39 | 21.60 | 0.777 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Arcelormittal (MT)
Price action analysis of Arcelormittal ( (MT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Arcelormittal ( (MT) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Arcelormittal stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Arcelormittal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Arcelormittal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Arcelormittal in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Arcelormittal is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.01 and Arcelormittal (MT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Arcelormittal (MT) stock. Volume based technical analysis of Arcelormittal (MT) stock is negative.
Arcelormittal Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Arcelormittal ( (MT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Arcelormittal ( (MT) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Arcelormittal stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Arcelormittal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Arcelormittal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Arcelormittal in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Arcelormittal is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.01 and Arcelormittal (MT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Arcelormittal (MT) stock. Volume based technical analysis of Arcelormittal (MT) stock is negative.
Arcelormittal Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.