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(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 2024-10-28 View latest technical analysis

10 day averaged volume of Arcelormittal is 1218290

Date Daily Closing Price Open High Low Volume
28 Mon Oct 2024 24.94 24.33 24.97 24.27 0.986 times
25 Fri Oct 2024 24.02 24.00 24.24 23.93 1.433 times
24 Thu Oct 2024 23.84 23.88 23.88 23.61 0.85 times
23 Wed Oct 2024 23.51 23.62 23.87 23.39 0.876 times
22 Tue Oct 2024 24.04 24.03 24.08 23.84 0.997 times
21 Mon Oct 2024 23.86 24.26 24.29 23.80 1.256 times
18 Fri Oct 2024 24.33 24.47 24.50 24.28 0.976 times
17 Thu Oct 2024 23.89 23.86 23.99 23.81 0.72 times
16 Wed Oct 2024 24.05 23.96 24.10 23.94 0.843 times
15 Tue Oct 2024 23.78 23.99 24.10 23.75 1.021 times

My analysis of stock is bullish for shortterm, and stock might move up till 25.4 or till 26.3. Use a stoploss of 24.61 and if this stock hits its stoploss, then it can fall down till 23.85

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 23.39
Upside Target 24.97
Upside Target 25.38
Upside Target 25.59
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 24.48
Downside Intraday Target 24.03
Upside Intraday Target 25.18
Upside Intraday Target 25.43
Downside Intraday Target 24.73

Weekly technical analysis of Arcelormittal (MT)

Date Weekly Closing Price Open High Low Volume
28 Mon Oct 2024 24.94 24.33 24.97 24.27 0.182 times
25 Fri Oct 2024 24.02 24.26 24.29 23.39 1.18 times
18 Fri Oct 2024 24.33 24.51 24.76 23.75 0.779 times
11 Fri Oct 2024 24.85 25.29 25.59 24.35 0.747 times
04 Fri Oct 2024 25.68 26.16 26.39 25.38 1.21 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
28 Mon Oct 2024 24.94 26.23 26.37 23.39 0.897 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Arcelormittal ( (MT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Arcelormittal ( (MT) ) based on a short to mid 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 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 SELL signal for Arcelormittal in short term but the sell 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 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 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 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 24.03 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Arcelormittal ( (MT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Arcelormittal ( (MT) ) based on a short to mid 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 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 SELL signal for Arcelormittal in short term but the sell 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 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 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 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 24.03 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.

Daily charts

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