(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 2024-12-13 View latest technical analysis
10 day averaged volume of Arcelormittal is 1305958
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 24.71 | 25.29 | 25.31 | 24.65 | 1.771 times |
| 12 Thu Dec 2024 | 25.36 | 25.57 | 25.58 | 25.32 | 0.971 times |
| 11 Wed Dec 2024 | 25.84 | 25.76 | 25.91 | 25.61 | 0.652 times |
| 10 Tue Dec 2024 | 25.87 | 25.75 | 25.93 | 25.66 | 0.938 times |
| 09 Mon Dec 2024 | 25.74 | 26.15 | 26.35 | 25.70 | 1.326 times |
| 05 Thu Dec 2024 | 25.40 | 25.30 | 25.45 | 25.30 | 0.353 times |
| 26 Tue Nov 2024 | 23.94 | 24.35 | 24.38 | 23.82 | 1.3 times |
| 26 Tue Nov 2024 | 23.94 | 24.35 | 24.38 | 23.82 | 1.3 times |
| 25 Mon Nov 2024 | 24.86 | 25.07 | 25.28 | 24.85 | 1.154 times |
| 22 Fri Nov 2024 | 25.11 | 24.92 | 25.14 | 24.92 | 1.037 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 24.4 as stoploss in an intra day buy trade for a target of 25.09. However, stock will show a bearish move below 24.4.
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 20.52 |
| Downside Target | 21.60 |
| Downside Target | 23.39 |
| Downside Target | 24.65 |
| Upside Target | 25.45 |
| Upside Target | 25.62 |
| Upside 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 | 24.12 |
| Downside Intraday Target | 23.54 |
| Upside Intraday Target | 25.82 |
| Upside Intraday Target | 26.94 |
| Upside Intraday Target | 25.24 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 24.71 | 26.15 | 26.35 | 24.65 | 3.424 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 down 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 |
| 13 Fri Dec 2024 | 24.71 | 25.30 | 26.35 | 24.65 | 0.233 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short to mid 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 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 SELL. 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Arcelormittal in short term and SELL signal is strong!
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 24.96 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Arcelormittal ( (MT) ) based on a short to mid 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 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 SELL. 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Arcelormittal in short term and SELL signal is strong!
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 24.96 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.