(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 2024-09-17 View latest technical analysis
10 day averaged volume of Arcelormittal is 1603390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 23.29 | 23.35 | 23.43 | 23.17 | 0.645 times |
| 16 Mon Sep 2024 | 22.86 | 22.88 | 22.95 | 22.78 | 0.717 times |
| 13 Fri Sep 2024 | 22.73 | 22.58 | 22.86 | 22.58 | 0.61 times |
| 12 Thu Sep 2024 | 22.38 | 22.08 | 22.39 | 22.06 | 0.968 times |
| 11 Wed Sep 2024 | 22.13 | 22.05 | 22.15 | 21.60 | 1.181 times |
| 10 Tue Sep 2024 | 21.75 | 22.02 | 22.02 | 21.60 | 1.303 times |
| 09 Mon Sep 2024 | 22.16 | 22.23 | 22.38 | 22.14 | 0.836 times |
| 06 Fri Sep 2024 | 22.22 | 22.33 | 22.44 | 22.10 | 0.722 times |
| 05 Thu Sep 2024 | 22.35 | 22.65 | 22.73 | 22.20 | 1.076 times |
| 04 Wed Sep 2024 | 22.05 | 22.08 | 22.29 | 22.00 | 1.007 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 23.4 as stoploss in an intra day sell trade for a target of 22.83. However, stock will show a bullish move above 23.4.
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 20.52 |
| Downside Target | 21.60 |
| Downside Target | 22.66 |
| Upside Target | 23.43 |
| Upside Target | 23.66 |
| Upside Target | 23.81 |
| Upside Target | 24.88 |
| Upside Target | 26.55 |
| Upside Target | 26.73 |
Intraday share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Intraday Target | 22.9 |
| Downside Intraday Target | 22.52 |
| Upside Intraday Target | 23.55 |
| Upside Intraday Target | 23.82 |
| Downside Intraday Target | 23.17 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 23.29 | 22.88 | 23.43 | 22.78 | 0.278 times |
| 13 Fri Sep 2024 | 22.73 | 22.23 | 22.86 | 21.60 | 1.117 times |
| 06 Fri Sep 2024 | 22.22 | 22.91 | 22.95 | 22.00 | 6.503 times |
| 30 Fri Aug 2024 | 23.62 | 23.62 | 23.66 | 23.39 | 0.163 times |
| 30 Fri Aug 2024 | 23.62 | 23.43 | 23.66 | 23.20 | 0.745 times |
Price has moved up 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 |
| 17 Tue Sep 2024 | 23.29 | 22.91 | 23.43 | 21.60 | 0.419 times |
| 30 Fri Aug 2024 | 23.62 | 22.42 | 23.66 | 20.52 | 1.158 times |
| 31 Wed Jul 2024 | 22.86 | 23.22 | 23.81 | 22.17 | 0.85 times |
| 28 Fri Jun 2024 | 22.93 | 26.42 | 26.73 | 22.66 | 1.369 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Arcelormittal ( (MT) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but the buy signal is initial and weak.
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 green color and prices are above the green 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 22.31 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Arcelormittal ( (MT) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but the buy signal is initial and weak.
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 green color and prices are above the green 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 22.31 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.