(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 2024-07-17 View latest technical analysis
10 day averaged volume of Arcelormittal is 1387150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Jul 2024 | 23.25 | 23.23 | 23.46 | 23.18 | 1.207 times |
| 16 Tue Jul 2024 | 23.13 | 22.70 | 23.18 | 22.64 | 1.413 times |
| 15 Mon Jul 2024 | 23.44 | 23.69 | 23.81 | 23.42 | 1.382 times |
| 12 Fri Jul 2024 | 23.56 | 23.47 | 23.65 | 23.47 | 1.171 times |
| 11 Thu Jul 2024 | 23.13 | 22.74 | 23.33 | 22.71 | 1.569 times |
| 10 Wed Jul 2024 | 22.59 | 22.53 | 22.62 | 22.47 | 0.787 times |
| 09 Tue Jul 2024 | 22.35 | 22.56 | 22.64 | 22.34 | 0.952 times |
| 08 Mon Jul 2024 | 23.00 | 23.16 | 23.23 | 22.92 | 0.745 times |
| 05 Fri Jul 2024 | 23.24 | 23.48 | 23.48 | 23.15 | 0.561 times |
| 03 Wed Jul 2024 | 23.29 | 23.34 | 23.46 | 23.21 | 0.71 times |
My analysis of stock is bullish for shortterm, and stock might move up till 23.6 or till 24. Use a stoploss of 23.17 and if this stock hits its stoploss, then it can fall down till 22.78
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 22.34 |
| Downside Target | 23.15 |
| Upside Target | 23.81 |
| Upside Target | 24.08 |
| 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 | 22.66 |
| Downside Intraday Target | 22.06 |
| Upside Intraday Target | 23.83 |
| Upside Intraday Target | 24.4 |
| Downside Intraday Target | 23.23 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Jul 2024 | 23.25 | 23.69 | 23.81 | 22.64 | 0.766 times |
| 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 |
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 |
| 17 Wed Jul 2024 | 23.25 | 23.22 | 23.81 | 22.34 | 0.426 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 neutral. A longer time frame might give a better analysis.
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 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 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 SELL. 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 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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 23.13 and Arcelormittal (MT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 SELL. 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 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 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 23.13 and Arcelormittal (MT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.