(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 2024-11-01 View latest technical analysis
10 day averaged volume of Arcelormittal is 1331230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 24.58 | 24.72 | 24.77 | 24.47 | 0.834 times |
| 31 Thu Oct 2024 | 24.62 | 24.85 | 24.88 | 24.55 | 1.119 times |
| 30 Wed Oct 2024 | 24.57 | 24.33 | 24.82 | 24.31 | 1.193 times |
| 29 Tue Oct 2024 | 24.82 | 24.82 | 24.95 | 24.71 | 0.94 times |
| 28 Mon Oct 2024 | 24.94 | 24.33 | 24.97 | 24.27 | 0.903 times |
| 25 Fri Oct 2024 | 24.02 | 24.00 | 24.24 | 23.93 | 1.311 times |
| 24 Thu Oct 2024 | 23.84 | 23.88 | 23.88 | 23.61 | 0.778 times |
| 23 Wed Oct 2024 | 23.51 | 23.62 | 23.87 | 23.39 | 0.802 times |
| 22 Tue Oct 2024 | 24.04 | 24.03 | 24.08 | 23.84 | 0.912 times |
| 21 Mon Oct 2024 | 23.86 | 24.26 | 24.29 | 23.80 | 1.15 times |
My analysis of stock is bullish for shortterm, and stock might move up till 24.9 or till 25.4. Use a stoploss of 24.39 and if this stock hits its stoploss, then it can fall down till 23.91
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 20.52 |
| Downside Target | 21.60 |
| Downside Target | 22.17 |
| Downside Target | 23.39 |
| Upside Target | 24.76 |
| Upside Target | 24.77 |
| Upside Target | 24.97 |
| Upside Target | 25.38 |
| Upside Target | 25.59 |
| Upside Target | 26.37 |
| Upside Target | 26.39 |
Intraday share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Intraday Target | 24.24 |
| Downside Intraday Target | 23.91 |
| Upside Intraday Target | 24.94 |
| Upside Intraday Target | 25.31 |
| Upside Intraday Target | 24.61 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 24.58 | 24.33 | 24.97 | 24.27 | 1.007 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 |
| 01 Fri Nov 2024 | 24.58 | 24.72 | 24.77 | 24.47 | 0.034 times |
| 31 Thu Oct 2024 | 24.62 | 26.23 | 26.37 | 23.39 | 1.034 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 |
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 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 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 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 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 BUY signal for Arcelormittal in short term and the buy signal is strong.
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 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 but SELL signal is weak.
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 24.29 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 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 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 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 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 BUY signal for Arcelormittal in short term and the buy signal is strong.
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 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 but SELL signal is weak.
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 24.29 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.