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(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.

10 day averaged volume of Arcelormittal is 1647320

Date Daily Closing Price Open High Low Volume
18 Mon Mar 2024 26.45 26.78 26.79 26.39 1.124 times
15 Fri Mar 2024 26.42 26.52 26.70 26.24 1.067 times
14 Thu Mar 2024 26.41 26.86 26.89 26.26 1.074 times
13 Wed Mar 2024 26.96 26.65 27.09 26.65 1.029 times
12 Tue Mar 2024 27.05 27.02 27.07 26.71 1.41 times
11 Mon Mar 2024 26.15 25.91 26.18 25.83 0.9 times
08 Fri Mar 2024 26.09 26.23 26.28 26.03 0.616 times
07 Thu Mar 2024 26.02 25.95 26.19 25.89 0.914 times
06 Wed Mar 2024 25.38 25.48 25.62 25.36 0.673 times
05 Tue Mar 2024 25.14 25.24 25.41 25.08 1.034 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 26.6 as stoploss in an intra day sell trade for a target of 26.17. However, stock will show a bullish move above 26.6.

Share price targets for Arcelormittal (MT)

Target Type Value
Downside Target 21.48
Downside Target 25.08
Downside Target 26.39
Upside Target 26.50
Upside Target 26.61
Upside Target 26.79
Upside Target 27.09
Upside Target 28.42
Upside Target 28.95
Upside Target 29.01

Intraday share price targets for Arcelormittal (MT)

Target Type Value
Downside Intraday Target 26.3
Downside Intraday Target 26.14
Upside Intraday Target 26.7
Upside Intraday Target 26.94
Upside Intraday Target 26.54

Weekly technical analysis of Arcelormittal (MT)

Date Weekly Closing Price Open High Low Volume
18 Mon Mar 2024 26.45 26.78 26.79 26.39 0.205 times
15 Fri Mar 2024 26.42 25.91 27.09 25.83 1.213 times
08 Fri Mar 2024 26.09 25.75 26.28 25.08 1.14 times
01 Fri Mar 2024 25.93 26.12 26.50 25.88 1.046 times
23 Fri Feb 2024 26.42 26.35 26.61 26.15 0.665 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
18 Mon Mar 2024 26.45 26.05 27.09 25.08 0.58 times
29 Thu Feb 2024 26.08 27.63 28.95 25.97 1.12 times
31 Wed Jan 2024 27.47 28.22 28.42 25.85 0.807 times
29 Fri Dec 2023 28.39 25.22 29.01 25.13 0.843 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 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 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

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 26.28 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 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 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

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 26.28 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.

Daily charts

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Daily chart
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