(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 2024-02-06 View latest technical analysis
10 day averaged volume of Arcelormittal is 1332960
Date | Daily Closing Price | Open | High | Low | Volume |
06 Tue Feb 2024 | 27.38 | 27.18 | 27.48 | 27.16 | 0.787 times |
05 Mon Feb 2024 | 27.00 | 26.93 | 27.09 | 26.63 | 0.822 times |
02 Fri Feb 2024 | 27.66 | 27.69 | 27.83 | 27.56 | 1.45 times |
01 Thu Feb 2024 | 27.84 | 27.63 | 27.97 | 27.56 | 1.267 times |
31 Wed Jan 2024 | 27.47 | 28.08 | 28.16 | 27.47 | 1.171 times |
30 Tue Jan 2024 | 27.73 | 27.31 | 27.81 | 27.30 | 1.135 times |
29 Mon Jan 2024 | 27.61 | 27.47 | 27.65 | 27.27 | 0.568 times |
26 Fri Jan 2024 | 27.59 | 27.68 | 27.80 | 27.51 | 0.485 times |
25 Thu Jan 2024 | 27.57 | 27.56 | 27.65 | 27.32 | 0.805 times |
24 Wed Jan 2024 | 27.37 | 27.73 | 27.81 | 27.35 | 1.533 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 27.6 as stoploss in an intra day sell trade for a target of 27.08. However, stock will show a bullish move above 27.6.
Share price targets for Arcelormittal (MT)
Target Type | Value |
Downside Target | 21.30 |
Downside Target | 25.06 |
Downside Target | 26.59 |
Downside Target | 27.02 |
Downside Target | 27.27 |
Upside Target | 27.48 |
Upside Target | 27.81 |
Upside Target | 27.97 |
Upside Target | 28.16 |
Upside Target | 28.42 |
Upside Target | 29.01 |
Intraday share price targets for Arcelormittal (MT)
Target Type | Value |
Downside Intraday Target | 26.85 |
Downside Intraday Target | 26.31 |
Upside Intraday Target | 27.7 |
Upside Intraday Target | 28.01 |
Downside Intraday Target | 27.16 |
Weekly technical analysis of Arcelormittal (MT)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Tue Feb 2024 | 27.38 | 26.93 | 27.48 | 26.63 | 0.288 times |
02 Fri Feb 2024 | 27.66 | 27.47 | 28.16 | 27.27 | 1.216 times |
26 Fri Jan 2024 | 27.59 | 26.76 | 27.81 | 26.59 | 0.974 times |
19 Fri Jan 2024 | 26.56 | 26.35 | 26.71 | 25.85 | 4.852 times |
12 Fri Jan 2024 | 26.65 | 26.83 | 27.02 | 26.63 | 0.194 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 |
06 Tue Feb 2024 | 27.38 | 27.63 | 27.97 | 26.63 | 0.192 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 |
30 Thu Nov 2023 | 25.19 | 22.04 | 25.40 | 21.48 | 0.837 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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. Bears 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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 27.53 and Arcelormittal (MT) stock is trading below this level. This means that stock is falling with high volumes. 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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. Bears 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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 27.53 and Arcelormittal (MT) stock is trading below this level. This means that stock is falling with high volumes. 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.