(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 2025-01-08 View latest technical analysis
10 day averaged volume of Arcelormittal is 1393177
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 21.82 | 21.75 | 21.88 | 21.59 | 1.85 times |
| 08 Wed Jan 2025 | 21.82 | 21.75 | 21.88 | 21.59 | 1.85 times |
| 07 Tue Jan 2025 | 21.95 | 22.19 | 22.19 | 21.86 | 1.146 times |
| 06 Mon Jan 2025 | 22.03 | 22.19 | 22.39 | 21.98 | 1.383 times |
| 03 Fri Jan 2025 | 22.19 | 22.46 | 22.49 | 22.04 | 1.581 times |
| 02 Thu Jan 2025 | 22.86 | 23.12 | 23.23 | 22.81 | 0.874 times |
| 31 Tue Dec 2024 | 23.13 | 23.18 | 23.31 | 22.94 | 0.632 times |
| 30 Mon Dec 2024 | 22.93 | 23.03 | 23.05 | 22.77 | 0.739 times |
| 27 Fri Dec 2024 | 23.14 | 23.06 | 23.19 | 22.98 | 0.852 times |
| 26 Thu Dec 2024 | 23.23 | 23.18 | 23.27 | 23.05 | 0.534 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.2, but if it comes above 22.2, then a intra day buy could be more profitable.
If you take a sell trade below 22.2, then use 22.2 as stoploss and 20.9 as target. However if you take a buy trade in stock , then use 22.2 as stoploss and 23.27 as target.
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 21.59 |
| Upside Target | 23.27 |
| Upside Target | 23.31 |
| Upside Target | 23.39 |
| Upside Target | 23.76 |
| Upside Target | 24.78 |
| 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 | 21.65 |
| Downside Intraday Target | 21.47 |
| Upside Intraday Target | 21.94 |
| Upside Intraday Target | 22.05 |
| Downside Intraday Target | 21.76 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 21.82 | 21.75 | 21.88 | 21.59 | 0.423 times |
| 08 Wed Jan 2025 | 21.82 | 22.19 | 22.39 | 21.59 | 1.145 times |
| 03 Fri Jan 2025 | 22.19 | 23.03 | 23.31 | 22.04 | 1.437 times |
| 27 Fri Dec 2024 | 23.14 | 22.95 | 23.27 | 22.87 | 0.469 times |
| 20 Fri Dec 2024 | 23.18 | 24.68 | 24.78 | 22.80 | 1.07 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 |
| 08 Wed Jan 2025 | 21.82 | 23.12 | 23.23 | 21.59 | 0.566 times |
| 31 Tue Dec 2024 | 23.13 | 25.30 | 26.35 | 22.77 | 0.635 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 |
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Arcelormittal ( (MT) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Arcelormittal stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Arcelormittal in short term and the sell signal is strong.
Arcelormittal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Arcelormittal in short term
RSI is generating a BUY signal in short term but buying is losing 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 22.3 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Arcelormittal ( (MT) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Arcelormittal stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Arcelormittal in short term and the sell signal is strong.
Arcelormittal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Arcelormittal in short term
RSI is generating a BUY signal in short term but buying is losing 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 22.3 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.