(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 2024-04-05 View latest technical analysis
10 day averaged volume of Arcelormittal is 1500720
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Apr 2024 | 27.27 | 27.27 | 27.42 | 27.13 | 0.734 times |
04 Thu Apr 2024 | 27.36 | 27.96 | 27.98 | 27.34 | 0.929 times |
03 Wed Apr 2024 | 27.73 | 27.57 | 27.83 | 27.49 | 1.151 times |
02 Tue Apr 2024 | 27.54 | 27.72 | 27.82 | 27.36 | 1.184 times |
01 Mon Apr 2024 | 27.55 | 27.74 | 27.85 | 27.48 | 0.912 times |
28 Thu Mar 2024 | 27.58 | 27.51 | 27.64 | 27.40 | 1.104 times |
27 Wed Mar 2024 | 27.81 | 27.21 | 27.84 | 27.21 | 1.404 times |
26 Tue Mar 2024 | 27.01 | 27.15 | 27.23 | 27.00 | 0.991 times |
25 Mon Mar 2024 | 27.09 | 27.11 | 27.32 | 27.09 | 0.912 times |
22 Fri Mar 2024 | 26.90 | 27.10 | 27.15 | 26.90 | 0.62 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 27.5 as stoploss in an intra day sell trade for a target of 26.99. However, stock will show a bullish move above 27.5.
Share price targets for Arcelormittal (MT)
Target Type | Value |
Downside Target | 25.08 |
Downside Target | 25.83 |
Downside Target | 27.00 |
Downside Target | 27.15 |
Upside Target | 27.84 |
Upside Target | 27.98 |
Upside Target | 28.42 |
Upside Target | 28.95 |
Upside Target | 29.01 |
Intraday share price targets for Arcelormittal (MT)
Target Type | Value |
Downside Intraday Target | 26.94 |
Downside Intraday Target | 26.61 |
Upside Intraday Target | 27.79 |
Upside Intraday Target | 28.31 |
Upside Intraday Target | 27.46 |
Weekly technical analysis of Arcelormittal (MT)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Apr 2024 | 27.27 | 27.74 | 27.98 | 27.13 | 1.113 times |
28 Thu Mar 2024 | 27.58 | 27.11 | 27.84 | 27.00 | 0.96 times |
22 Fri Mar 2024 | 26.90 | 26.78 | 27.15 | 26.30 | 0.764 times |
15 Fri Mar 2024 | 26.42 | 25.91 | 27.09 | 25.83 | 1.213 times |
08 Fri Mar 2024 | 26.09 | 25.75 | 26.28 | 25.08 | 1.14 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Arcelormittal (MT)
Date | Monthly Closing Price | Open | High | Low | Volume |
05 Fri Apr 2024 | 27.27 | 27.74 | 27.98 | 27.13 | 0.236 times |
28 Thu Mar 2024 | 27.58 | 26.05 | 27.84 | 25.08 | 0.927 times |
29 Thu Feb 2024 | 26.08 | 27.63 | 28.95 | 25.97 | 1.12 times |
31 Wed Jan 2024 | 27.47 | 28.22 | 28.42 | 25.85 | 0.807 times |
Scroll below to view daily charts
Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Arcelormittal ( (MT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Arcelormittal stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Arcelormittal in short term and the buy signal is strong.
Arcelormittal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and SELL 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
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 27.43 and Arcelormittal (MT) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Arcelormittal ( (MT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Arcelormittal stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Arcelormittal in short term and the buy signal is strong.
Arcelormittal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and SELL 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
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 27.43 and Arcelormittal (MT) stock is trading below this level. This means that stock is falling with high volumes. 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.