(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 2024-09-20 View latest technical analysis
10 day averaged volume of Arcelormittal is 1446720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 23.97 | 24.07 | 24.07 | 23.72 | 1.094 times |
| 19 Thu Sep 2024 | 24.36 | 24.45 | 24.48 | 24.17 | 1.34 times |
| 18 Wed Sep 2024 | 23.50 | 23.51 | 23.98 | 23.33 | 0.923 times |
| 17 Tue Sep 2024 | 23.29 | 23.35 | 23.43 | 23.17 | 0.715 times |
| 16 Mon Sep 2024 | 22.86 | 22.88 | 22.95 | 22.78 | 0.794 times |
| 13 Fri Sep 2024 | 22.73 | 22.58 | 22.86 | 22.58 | 0.676 times |
| 12 Thu Sep 2024 | 22.38 | 22.08 | 22.39 | 22.06 | 1.073 times |
| 11 Wed Sep 2024 | 22.13 | 22.05 | 22.15 | 21.60 | 1.309 times |
| 10 Tue Sep 2024 | 21.75 | 22.02 | 22.02 | 21.60 | 1.444 times |
| 09 Mon Sep 2024 | 22.16 | 22.23 | 22.38 | 22.14 | 0.927 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 23.7, but if it comes below 23.7, then a intra day sell could be more profitable.
If you take a sell trade below 23.7, then use 23.7 as stoploss and 22.94 as target. However if you take a buy trade in stock , then use 23.7 as stoploss and 24.6 as target.
Share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Target | 20.52 |
| Downside Target | 21.60 |
| Downside Target | 22.66 |
| Downside Target | 23.66 |
| Downside Target | 23.81 |
| Upside Target | 24.48 |
| Upside Target | 24.88 |
| Upside Target | 26.55 |
| Upside Target | 26.73 |
Intraday share price targets for Arcelormittal (MT)
| Target Type | Value |
| Downside Intraday Target | 23.01 |
| Downside Intraday Target | 22.04 |
| Upside Intraday Target | 24.71 |
| Upside Intraday Target | 25.44 |
| Downside Intraday Target | 23.74 |
Weekly technical analysis of Arcelormittal (MT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 23.97 | 22.88 | 24.48 | 22.78 | 0.896 times |
| 13 Fri Sep 2024 | 22.73 | 22.23 | 22.86 | 21.60 | 1.117 times |
| 06 Fri Sep 2024 | 22.22 | 22.91 | 22.95 | 22.00 | 6.503 times |
| 30 Fri Aug 2024 | 23.62 | 23.62 | 23.66 | 23.39 | 0.163 times |
| 30 Fri Aug 2024 | 23.62 | 23.43 | 23.66 | 23.20 | 0.745 times |
Price has moved up 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 |
| 20 Fri Sep 2024 | 23.97 | 22.91 | 24.48 | 21.60 | 0.538 times |
| 30 Fri Aug 2024 | 23.62 | 22.42 | 23.66 | 20.52 | 1.158 times |
| 31 Wed Jul 2024 | 22.86 | 23.22 | 23.81 | 22.17 | 0.85 times |
| 28 Fri Jun 2024 | 22.93 | 26.42 | 26.73 | 22.66 | 1.369 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 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Arcelormittal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Arcelormittal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Arcelormittal in short term but SELL signal is weak.
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
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 22.89 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 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 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Arcelormittal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Arcelormittal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Arcelormittal in short term but SELL signal is weak.
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
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 22.89 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.