(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 2024-11-18 View latest technical analysis
10 day averaged volume of Arcelormittal is 2074520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 25.56 | 25.28 | 25.62 | 25.27 | 0.753 times |
| 15 Fri Nov 2024 | 25.27 | 25.28 | 25.39 | 25.16 | 1.159 times |
| 14 Thu Nov 2024 | 24.49 | 24.95 | 24.98 | 24.48 | 0.82 times |
| 13 Wed Nov 2024 | 23.77 | 24.08 | 24.16 | 23.76 | 0.707 times |
| 12 Tue Nov 2024 | 24.34 | 24.60 | 24.64 | 23.94 | 0.969 times |
| 11 Mon Nov 2024 | 25.59 | 25.58 | 25.69 | 25.51 | 0.772 times |
| 08 Fri Nov 2024 | 26.09 | 25.81 | 26.11 | 25.55 | 1.057 times |
| 07 Thu Nov 2024 | 26.51 | 26.53 | 26.89 | 26.47 | 1.356 times |
| 06 Wed Nov 2024 | 25.42 | 24.61 | 25.49 | 24.53 | 1.529 times |
| 05 Tue Nov 2024 | 25.18 | 24.90 | 25.20 | 24.88 | 0.363 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 25.6 as stoploss in an intra day sell trade for a target of 24.8. However, stock will show a bullish move above 25.6.
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 |
| Downside Target | 24.97 |
| Downside Target | 25.27 |
| Upside Target | 25.62 |
| 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 | 25.35 |
| Downside Intraday Target | 25.13 |
| Upside Intraday Target | 25.7 |
| Upside Intraday Target | 25.83 |
| Downside Intraday Target | 25.48 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 25.56 | 25.28 | 25.62 | 25.27 | 0.17 times |
| 15 Fri Nov 2024 | 25.27 | 25.58 | 25.69 | 23.76 | 0.794 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 |
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 |
| 18 Mon Nov 2024 | 25.56 | 24.72 | 26.89 | 23.76 | 0.716 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 up 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 neutral. A longer time frame might give a better analysis.
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 gaining 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 but buying is losing 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 25.33 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 neutral. A longer time frame might give a better analysis.
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 gaining 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 but buying is losing 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 25.33 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.