(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 2024-11-12 View latest technical analysis
10 day averaged volume of Arcelormittal is 1860190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 24.34 | 24.60 | 24.64 | 23.94 | 1.081 times |
| 11 Mon Nov 2024 | 25.59 | 25.58 | 25.69 | 25.51 | 0.861 times |
| 08 Fri Nov 2024 | 26.09 | 25.81 | 26.11 | 25.55 | 1.179 times |
| 07 Thu Nov 2024 | 26.51 | 26.53 | 26.89 | 26.47 | 1.512 times |
| 06 Wed Nov 2024 | 25.42 | 24.61 | 25.49 | 24.53 | 1.705 times |
| 05 Tue Nov 2024 | 25.18 | 24.90 | 25.20 | 24.88 | 0.405 times |
| 04 Mon Nov 2024 | 24.81 | 24.71 | 24.95 | 24.69 | 1.415 times |
| 01 Fri Nov 2024 | 24.58 | 24.72 | 24.77 | 24.47 | 0.597 times |
| 31 Thu Oct 2024 | 24.62 | 24.85 | 24.88 | 24.55 | 0.801 times |
| 30 Wed Oct 2024 | 24.57 | 24.33 | 24.82 | 24.31 | 0.854 times |
My analysis of stock is bearish for shortterm, and stock might move down till 23.9 or till 23. Use a stoploss of 24.65 and if the stock hits stoploss, then it can shoot up till 25.42
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 | 24.53 |
| Upside Target | 24.76 |
| Upside Target | 24.97 |
| Upside Target | 25.69 |
| Upside Target | 26.37 |
| Upside Target | 26.39 |
| Upside Target | 26.89 |
Intraday share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Intraday Target | 23.62 |
| Downside Intraday Target | 22.91 |
| Upside Intraday Target | 25.37 |
| Upside Intraday Target | 26.41 |
| Upside Intraday Target | 24.66 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 24.34 | 25.58 | 25.69 | 23.94 | 0.312 times |
| 08 Fri Nov 2024 | 26.09 | 24.71 | 26.89 | 24.53 | 1.741 times |
| 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 |
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 |
| 12 Tue Nov 2024 | 24.34 | 24.72 | 26.89 | 23.94 | 0.498 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Arcelormittal stock for short term is SELL. Signal strength is Strong and stock is gaining 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. 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 SELL signal for Arcelormittal in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 25.28 and Arcelormittal (MT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 negative.
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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Arcelormittal stock for short term is SELL. Signal strength is Strong and stock is gaining 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. 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 SELL signal for Arcelormittal in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 25.28 and Arcelormittal (MT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.