(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 2024-07-12 View latest technical analysis
10 day averaged volume of Arcelormittal is 1167860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 23.56 | 23.47 | 23.65 | 23.47 | 1.391 times |
| 11 Thu Jul 2024 | 23.13 | 22.74 | 23.33 | 22.71 | 1.864 times |
| 10 Wed Jul 2024 | 22.59 | 22.53 | 22.62 | 22.47 | 0.935 times |
| 09 Tue Jul 2024 | 22.35 | 22.56 | 22.64 | 22.34 | 1.13 times |
| 08 Mon Jul 2024 | 23.00 | 23.16 | 23.23 | 22.92 | 0.884 times |
| 05 Fri Jul 2024 | 23.24 | 23.48 | 23.48 | 23.15 | 0.666 times |
| 03 Wed Jul 2024 | 23.29 | 23.34 | 23.46 | 23.21 | 0.844 times |
| 03 Wed Jul 2024 | 23.29 | 23.34 | 23.46 | 23.21 | 0.844 times |
| 02 Tue Jul 2024 | 22.87 | 22.78 | 22.94 | 22.67 | 0.79 times |
| 01 Mon Jul 2024 | 22.83 | 23.22 | 23.25 | 22.76 | 1.011 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 23.7 as stoploss in an intra day sell trade for a target of 23.25. However, stock will show a bullish move above 23.7.
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 22.34 |
| Downside Target | 23.15 |
| Upside Target | 24.08 |
| Upside Target | 24.10 |
| Upside Target | 24.73 |
| Upside Target | 24.88 |
| Upside Target | 25.08 |
| Upside Target | 26.55 |
| Upside Target | 26.73 |
| Upside Target | 27.84 |
| Upside Target | 28.22 |
Intraday share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Intraday Target | 22.72 |
| Downside Intraday Target | 21.87 |
| Upside Intraday Target | 24.03 |
| Upside Intraday Target | 24.49 |
| Downside Intraday Target | 23.18 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 23.56 | 23.16 | 23.65 | 22.34 | 4.108 times |
| 05 Fri Jul 2024 | 23.24 | 23.34 | 23.48 | 23.15 | 0.571 times |
| 03 Wed Jul 2024 | 23.29 | 23.22 | 23.46 | 22.67 | 0.337 times |
| 28 Fri Jun 2024 | 22.93 | 23.94 | 24.08 | 22.66 | 1.362 times |
| 21 Fri Jun 2024 | 23.65 | 23.62 | 24.10 | 23.28 | 1.631 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 |
| 12 Fri Jul 2024 | 23.56 | 23.22 | 23.65 | 22.34 | 0.292 times |
| 28 Fri Jun 2024 | 22.93 | 26.42 | 26.73 | 22.66 | 1.369 times |
| 31 Fri May 2024 | 26.49 | 25.05 | 26.55 | 24.88 | 0.857 times |
| 30 Tue Apr 2024 | 25.01 | 27.74 | 28.22 | 24.73 | 1.131 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 gaining 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Arcelormittal in short term and BUY signal is strong.
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 23.03 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 gaining 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Arcelormittal in short term and BUY signal is strong.
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 23.03 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.