(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 2024-10-09 View latest technical analysis
10 day averaged volume of Arcelormittal is 1765190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 24.62 | 24.58 | 24.76 | 24.53 | 0.464 times |
| 08 Tue Oct 2024 | 24.63 | 24.73 | 24.75 | 24.35 | 1.213 times |
| 07 Mon Oct 2024 | 25.48 | 25.29 | 25.59 | 25.19 | 0.646 times |
| 04 Fri Oct 2024 | 25.68 | 25.63 | 25.74 | 25.52 | 0.799 times |
| 03 Thu Oct 2024 | 25.42 | 25.58 | 25.67 | 25.38 | 0.979 times |
| 02 Wed Oct 2024 | 25.82 | 25.99 | 26.11 | 25.78 | 1.346 times |
| 01 Tue Oct 2024 | 26.22 | 26.23 | 26.37 | 25.85 | 1.308 times |
| 30 Mon Sep 2024 | 26.26 | 26.16 | 26.39 | 26.08 | 1.01 times |
| 27 Fri Sep 2024 | 25.96 | 26.11 | 26.24 | 25.90 | 0.676 times |
| 26 Thu Sep 2024 | 25.93 | 25.91 | 26.13 | 25.88 | 1.161 times |
My analysis of stock is bearish for shortterm, and stock might move down till 23.4 or till 22. Use a stoploss of 24.63 and if the stock hits stoploss, then it can shoot up till 25.83
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 | 24.35 |
| Upside Target | 25.38 |
| 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 | 24.12 |
| Downside Intraday Target | 23.61 |
| Upside Intraday Target | 25.36 |
| Upside Intraday Target | 26.09 |
| Upside Intraday Target | 24.85 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 24.62 | 25.29 | 25.59 | 24.35 | 0.427 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 |
| 09 Wed Oct 2024 | 24.62 | 26.23 | 26.37 | 24.35 | 0.377 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Arcelormittal in short term but the sell signal is initial and weak.
Arcelormittal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Arcelormittal in short term but BUY signal is weak.
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
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 25.66 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 has given negative 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Arcelormittal in short term but the sell signal is initial and weak.
Arcelormittal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Arcelormittal in short term but BUY signal is weak.
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
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 25.66 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 has given negative 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.