(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 2024-10-07 View latest technical analysis
10 day averaged volume of Arcelormittal is 1754780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 25.48 | 25.29 | 25.59 | 25.19 | 0.649 times |
| 04 Fri Oct 2024 | 25.68 | 25.63 | 25.74 | 25.52 | 0.804 times |
| 03 Thu Oct 2024 | 25.42 | 25.58 | 25.67 | 25.38 | 0.985 times |
| 02 Wed Oct 2024 | 25.82 | 25.99 | 26.11 | 25.78 | 1.354 times |
| 01 Tue Oct 2024 | 26.22 | 26.23 | 26.37 | 25.85 | 1.316 times |
| 30 Mon Sep 2024 | 26.26 | 26.16 | 26.39 | 26.08 | 1.016 times |
| 27 Fri Sep 2024 | 25.96 | 26.11 | 26.24 | 25.90 | 0.68 times |
| 26 Thu Sep 2024 | 25.93 | 25.91 | 26.13 | 25.88 | 1.168 times |
| 25 Wed Sep 2024 | 24.67 | 25.07 | 25.07 | 24.58 | 0.866 times |
| 24 Tue Sep 2024 | 25.01 | 24.84 | 25.10 | 24.74 | 1.193 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 25.8 as stoploss in an intra day sell trade for a target of 24.36. However, stock will show a bullish move above 25.8.
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 20.52 |
| Downside Target | 21.60 |
| Downside Target | 22.17 |
| Downside Target | 22.66 |
| Downside Target | 23.66 |
| Downside Target | 24.48 |
| Downside Target | 25.19 |
| Upside Target | 25.59 |
| Upside Target | 26.24 |
| Upside Target | 26.37 |
| Upside Target | 26.39 |
| Upside Target | 26.73 |
Intraday share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Intraday Target | 25.25 |
| Downside Intraday Target | 25.02 |
| Upside Intraday Target | 25.65 |
| Upside Intraday Target | 25.82 |
| Downside Intraday Target | 25.42 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 25.48 | 25.29 | 25.59 | 25.19 | 0.119 times |
| 04 Fri Oct 2024 | 25.68 | 26.16 | 26.39 | 25.38 | 1.21 times |
| 27 Fri Sep 2024 | 25.96 | 23.79 | 26.24 | 23.73 | 1.128 times |
| 20 Fri Sep 2024 | 23.97 | 22.88 | 24.48 | 22.78 | 0.896 times |
| 13 Fri Sep 2024 | 22.73 | 22.23 | 22.86 | 21.60 | 1.117 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 |
| 07 Mon Oct 2024 | 25.48 | 26.23 | 26.37 | 25.19 | 0.283 times |
| 30 Mon Sep 2024 | 26.26 | 22.91 | 26.39 | 21.60 | 0.777 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 |
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short 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.
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 Weak 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 25.67 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short 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.
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 Weak 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 25.67 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.