(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 2024-01-18 View latest technical analysis
10 day averaged volume of Arcelormittal is 1434720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 26.70 | 26.56 | 26.71 | 26.38 | 1.186 times |
| 17 Wed Jan 2024 | 26.06 | 25.95 | 26.12 | 25.85 | 1.385 times |
| 16 Tue Jan 2024 | 26.15 | 26.35 | 26.41 | 26.07 | 1.134 times |
| 12 Fri Jan 2024 | 26.65 | 26.83 | 27.02 | 26.63 | 0.904 times |
| 12 Fri Jan 2024 | 26.65 | 26.83 | 27.02 | 26.63 | 0.904 times |
| 11 Thu Jan 2024 | 26.68 | 26.87 | 26.95 | 26.50 | 0.969 times |
| 10 Wed Jan 2024 | 27.19 | 27.16 | 27.28 | 26.98 | 0.994 times |
| 09 Tue Jan 2024 | 27.01 | 27.30 | 27.36 | 27.00 | 1.027 times |
| 08 Mon Jan 2024 | 27.90 | 27.82 | 27.93 | 27.63 | 0.755 times |
| 05 Fri Jan 2024 | 27.79 | 27.56 | 28.03 | 27.53 | 0.953 times |
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 21.30 |
| Downside Target | 24.01 |
| Downside Target | 25.06 |
| Downside Target | 26.50 |
| Upside Target | 27.30 |
| Upside Target | 27.43 |
| Upside Target | 27.93 |
| Upside Target | 28.28 |
| Upside Target | 28.42 |
| Upside Target | 28.58 |
| Upside Target | 29.01 |
Intraday share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Intraday Target | 26.13 |
| Downside Intraday Target | 25.56 |
| Upside Intraday Target | 26.99 |
| Upside Intraday Target | 27.28 |
| Downside Intraday Target | 26.42 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 26.70 | 26.35 | 26.71 | 25.85 | 4.1 times |
| 12 Fri Jan 2024 | 26.65 | 26.83 | 27.02 | 26.63 | 0.194 times |
| 12 Fri Jan 2024 | 26.65 | 27.82 | 27.93 | 26.50 | 1.145 times |
| 05 Fri Jan 2024 | 27.79 | 28.22 | 28.42 | 27.30 | 5.555 times |
| 29 Fri Dec 2023 | 28.39 | 28.56 | 28.58 | 28.28 | 0.318 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Arcelormittal (MT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 26.70 | 28.22 | 28.42 | 25.85 | 0.513 times |
| 29 Fri Dec 2023 | 28.39 | 25.22 | 29.01 | 25.13 | 0.843 times |
| 30 Thu Nov 2023 | 25.19 | 22.04 | 25.40 | 21.48 | 0.837 times |
| 31 Tue Oct 2023 | 22.02 | 24.93 | 25.06 | 21.30 | 1.46 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 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 Strong 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Arcelormittal in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 26.81 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 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 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 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 Strong 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Arcelormittal in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 26.81 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.