(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 2025-01-24 View latest technical analysis
10 day averaged volume of Arcelormittal is 1842490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Jan 2025 | 24.90 | 24.81 | 24.96 | 24.73 | 1.336 times |
| 23 Thu Jan 2025 | 24.00 | 23.67 | 24.11 | 23.50 | 1.146 times |
| 22 Wed Jan 2025 | 23.29 | 23.39 | 23.54 | 23.23 | 0.771 times |
| 21 Tue Jan 2025 | 23.93 | 23.96 | 24.02 | 23.81 | 1.032 times |
| 17 Fri Jan 2025 | 23.26 | 23.19 | 23.48 | 23.14 | 0.939 times |
| 17 Fri Jan 2025 | 23.26 | 23.19 | 23.48 | 23.14 | 0.939 times |
| 16 Thu Jan 2025 | 23.18 | 23.27 | 23.35 | 23.12 | 0.737 times |
| 15 Wed Jan 2025 | 23.23 | 23.15 | 23.24 | 22.91 | 1.016 times |
| 14 Tue Jan 2025 | 22.44 | 22.45 | 22.51 | 22.34 | 1.48 times |
| 13 Mon Jan 2025 | 22.29 | 21.88 | 22.33 | 21.86 | 0.819 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 24.6, for a target of 23.7 or 22.89
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 21.59 |
| Downside Target | 23.48 |
| Downside Target | 23.76 |
| Upside Target | 24.96 |
| 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 | 23.77 |
| Downside Intraday Target | 22.63 |
| Upside Intraday Target | 25.5 |
| Upside Intraday Target | 26.09 |
| Downside Intraday Target | 24.36 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri Jan 2025 | 24.90 | 23.96 | 24.96 | 23.23 | 4.562 times |
| 17 Fri Jan 2025 | 23.26 | 23.19 | 23.48 | 23.14 | 0.188 times |
| 17 Fri Jan 2025 | 23.26 | 21.88 | 23.48 | 21.86 | 1.98 times |
| 10 Fri Jan 2025 | 22.06 | 21.75 | 22.28 | 21.59 | 0.761 times |
| 08 Wed Jan 2025 | 21.82 | 22.19 | 22.39 | 21.59 | 1.145 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 |
| 24 Fri Jan 2025 | 24.90 | 23.12 | 24.96 | 21.59 | 1.543 times |
| 31 Tue Dec 2024 | 23.13 | 25.30 | 26.35 | 22.77 | 0.635 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Arcelormittal stock for short term is BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Arcelormittal in short term and BUY signal is strong.
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
Stock of Arcelormittal is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.42 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 negative.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Arcelormittal stock for short term is BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Arcelormittal in short term and BUY signal is strong.
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
Stock of Arcelormittal is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.42 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.