(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 2024-11-21 View latest technical analysis
10 day averaged volume of Arcelormittal is 1847620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 25.29 | 25.03 | 25.38 | 24.97 | 0.686 times |
| 20 Wed Nov 2024 | 25.08 | 25.13 | 25.25 | 24.99 | 0.835 times |
| 19 Tue Nov 2024 | 25.48 | 24.90 | 25.54 | 24.87 | 0.642 times |
| 18 Mon Nov 2024 | 25.56 | 25.28 | 25.62 | 25.27 | 0.845 times |
| 15 Fri Nov 2024 | 25.27 | 25.28 | 25.39 | 25.16 | 1.302 times |
| 14 Thu Nov 2024 | 24.49 | 24.95 | 24.98 | 24.48 | 0.92 times |
| 13 Wed Nov 2024 | 23.77 | 24.08 | 24.16 | 23.76 | 0.793 times |
| 12 Tue Nov 2024 | 24.34 | 24.60 | 24.64 | 23.94 | 1.088 times |
| 11 Mon Nov 2024 | 25.59 | 25.58 | 25.69 | 25.51 | 0.867 times |
| 08 Fri Nov 2024 | 26.09 | 25.81 | 26.11 | 25.55 | 1.187 times |
My analysis of stock is bullish for shortterm, and stock might move up till 25.7 or till 26.5. Use a stoploss of 25.02 and if this stock hits its stoploss, then it can fall down till 24.37
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 | 24.87 |
| Downside Target | 24.97 |
| 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 | 24.9 |
| Downside Intraday Target | 24.51 |
| Upside Intraday Target | 25.65 |
| Upside Intraday Target | 26.01 |
| Downside Intraday Target | 25.26 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 25.29 | 25.28 | 25.62 | 24.87 | 0.605 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 |
| 21 Thu Nov 2024 | 25.29 | 24.72 | 26.89 | 23.76 | 0.838 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Arcelormittal in short term but the sell signal is initial and weak.
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 but buying is losing 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 25.11 and Arcelormittal (MT) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Arcelormittal in short term but the sell signal is initial and weak.
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 but buying is losing 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 25.11 and Arcelormittal (MT) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.