(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 2024-12-10 View latest technical analysis
10 day averaged volume of Arcelormittal is 1400259
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 25.87 | 25.75 | 25.93 | 25.66 | 0.875 times |
| 09 Mon Dec 2024 | 25.74 | 26.15 | 26.35 | 25.70 | 1.236 times |
| 05 Thu Dec 2024 | 25.40 | 25.30 | 25.45 | 25.30 | 0.329 times |
| 26 Tue Nov 2024 | 23.94 | 24.35 | 24.38 | 23.82 | 1.212 times |
| 26 Tue Nov 2024 | 23.94 | 24.35 | 24.38 | 23.82 | 1.212 times |
| 25 Mon Nov 2024 | 24.86 | 25.07 | 25.28 | 24.85 | 1.076 times |
| 22 Fri Nov 2024 | 25.11 | 24.92 | 25.14 | 24.92 | 0.967 times |
| 21 Thu Nov 2024 | 25.29 | 25.03 | 25.38 | 24.97 | 0.905 times |
| 20 Wed Nov 2024 | 25.08 | 25.13 | 25.25 | 24.99 | 1.101 times |
| 19 Tue Nov 2024 | 25.48 | 24.90 | 25.54 | 24.87 | 0.846 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 25.9 as stoploss in an intra day sell trade for a target of 25.15. However, stock will show a bullish move above 25.9.
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 20.52 |
| Downside Target | 21.60 |
| Downside Target | 23.39 |
| Downside Target | 24.87 |
| Downside Target | 25.62 |
| Downside Target | 25.66 |
| Downside Target | 25.69 |
| Upside Target | 26.35 |
| 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 | 25.57 |
| Downside Intraday Target | 25.27 |
| Upside Intraday Target | 26.26 |
| Upside Intraday Target | 26.65 |
| Upside Intraday Target | 25.96 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 25.87 | 26.15 | 26.35 | 25.66 | 1.37 times |
| 05 Thu Dec 2024 | 25.40 | 24.35 | 25.45 | 23.82 | 0.673 times |
| 26 Tue Nov 2024 | 23.94 | 25.07 | 25.28 | 23.82 | 0.464 times |
| 22 Fri Nov 2024 | 25.11 | 25.28 | 25.62 | 24.87 | 0.752 times |
| 15 Fri Nov 2024 | 25.27 | 25.58 | 25.69 | 23.76 | 0.794 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 |
| 10 Tue Dec 2024 | 25.87 | 25.30 | 26.35 | 25.30 | 0.101 times |
| 26 Tue Nov 2024 | 23.94 | 24.72 | 26.89 | 23.76 | 1.029 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Arcelormittal stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 SELL signal for Arcelormittal in short term but SELL signal is weak.
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 24.99 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Arcelormittal stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 SELL signal for Arcelormittal in short term but SELL signal is weak.
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 24.99 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.