(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 2024-03-14 View latest technical analysis
10 day averaged volume of Arcelormittal is 1544200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 26.41 | 26.86 | 26.89 | 26.26 | 1.146 times |
| 13 Wed Mar 2024 | 26.96 | 26.65 | 27.09 | 26.65 | 1.098 times |
| 12 Tue Mar 2024 | 27.05 | 27.02 | 27.07 | 26.71 | 1.504 times |
| 11 Mon Mar 2024 | 26.15 | 25.91 | 26.18 | 25.83 | 0.96 times |
| 08 Fri Mar 2024 | 26.09 | 26.23 | 26.28 | 26.03 | 0.657 times |
| 07 Thu Mar 2024 | 26.02 | 25.95 | 26.19 | 25.89 | 0.975 times |
| 06 Wed Mar 2024 | 25.38 | 25.48 | 25.62 | 25.36 | 0.718 times |
| 05 Tue Mar 2024 | 25.14 | 25.24 | 25.41 | 25.08 | 1.103 times |
| 04 Mon Mar 2024 | 25.63 | 25.75 | 25.82 | 25.57 | 1.369 times |
| 01 Fri Mar 2024 | 25.93 | 26.05 | 26.13 | 25.88 | 0.772 times |
My analysis of stock is bullish for shortterm, and stock might move up till 26.8 or till 27.5. Use a stoploss of 26.26 and if this stock hits its stoploss, then it can fall down till 25.71
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 21.48 |
| Downside Target | 25.08 |
| Upside Target | 26.50 |
| Upside Target | 26.61 |
| Upside Target | 26.74 |
| Upside Target | 27.09 |
| Upside Target | 28.42 |
| Upside Target | 28.81 |
| Upside Target | 28.95 |
| Upside Target | 29.01 |
Intraday share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Intraday Target | 25.8 |
| Downside Intraday Target | 25.18 |
| Upside Intraday Target | 27.06 |
| Upside Intraday Target | 27.7 |
| Upside Intraday Target | 26.44 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 26.41 | 25.91 | 27.09 | 25.83 | 0.977 times |
| 08 Fri Mar 2024 | 26.09 | 25.75 | 26.28 | 25.08 | 1.14 times |
| 01 Fri Mar 2024 | 25.93 | 26.12 | 26.50 | 25.88 | 1.046 times |
| 23 Fri Feb 2024 | 26.42 | 26.35 | 26.61 | 26.15 | 0.665 times |
| 16 Fri Feb 2024 | 27.40 | 28.67 | 28.81 | 26.74 | 1.039 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 |
| 14 Thu Mar 2024 | 26.41 | 26.05 | 27.09 | 25.08 | 0.473 times |
| 29 Thu Feb 2024 | 26.08 | 27.63 | 28.95 | 25.97 | 1.12 times |
| 31 Wed Jan 2024 | 27.47 | 28.22 | 28.42 | 25.85 | 0.807 times |
| 29 Fri Dec 2023 | 28.39 | 25.22 | 29.01 | 25.13 | 0.843 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Arcelormittal in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 26.13 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 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Arcelormittal in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 26.13 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.