(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 2024-07-19 View latest technical analysis
10 day averaged volume of Arcelormittal is 1526160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 22.55 | 22.87 | 22.88 | 22.52 | 0.984 times |
| 18 Thu Jul 2024 | 22.82 | 23.25 | 23.28 | 22.76 | 1.105 times |
| 17 Wed Jul 2024 | 23.25 | 23.23 | 23.46 | 23.18 | 1.097 times |
| 16 Tue Jul 2024 | 23.13 | 22.70 | 23.18 | 22.64 | 1.284 times |
| 15 Mon Jul 2024 | 23.44 | 23.69 | 23.81 | 23.42 | 1.256 times |
| 12 Fri Jul 2024 | 23.56 | 23.47 | 23.65 | 23.47 | 1.064 times |
| 11 Thu Jul 2024 | 23.13 | 22.74 | 23.33 | 22.71 | 1.426 times |
| 10 Wed Jul 2024 | 22.59 | 22.53 | 22.62 | 22.47 | 0.715 times |
| 09 Tue Jul 2024 | 22.35 | 22.56 | 22.64 | 22.34 | 0.865 times |
| 08 Mon Jul 2024 | 23.00 | 23.16 | 23.23 | 22.92 | 0.677 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.7, but if it comes above 22.7, then a intra day buy could be more profitable.
If you take a sell trade below 22.7, then use 22.7 as stoploss and 22.3 as target. However if you take a buy trade in stock , then use 22.7 as stoploss and 23.06 as target.
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 22.34 |
| Upside 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 | 22.11 |
| Downside Intraday Target | 21.67 |
| Upside Intraday Target | 23.4 |
| Upside Intraday Target | 24.25 |
| Upside Intraday Target | 22.96 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 22.55 | 23.69 | 23.81 | 22.52 | 1.206 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 |
| 19 Fri Jul 2024 | 22.55 | 23.22 | 23.81 | 22.34 | 0.503 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 gaining momentum.
MACD generated a BUY signal for Arcelormittal in short term but the buy 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 red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 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 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Arcelormittal in short term but the buy 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 red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.