(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.