ARCELORMITTAL (ARRD.DE) Stock Technical Analysis
FRA:ARRD - Deutsche Boerse Ag - LU1598757687 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to ARRD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARRD is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ARRD is one of the better performing stocks in the market, outperforming 92% of all stocks.
ARRD is part of the Metals & Mining industry. There are 37 other stocks in this industry. ARRD outperforms 75% of them.
ARRD is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month ARRD has a been trading in the 26.42 - 32.16 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ARRD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.58
30.79
4 important support areas can be observed.
- A support zone ranging from 27.79 to 27.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @26.53 from a horizontal line in the daily time frame.
- A support zone ranging from 22.16 to 22.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.80 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.83
Mansfield2.75
10 Day High32.16
10 Day Low26.42
20 Day High32.16
20 Day Low26.42
52 Week High32.16
52 Week Low18.58
Performance
1 Week11.07%
2 Weeks12.68%
1 Month11.28%
3 Month26.25%
6 Month52.83%
12 Month28.08%
2 Year9.54%
3 Year4.13%
5 Year255.78%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.27
RSI(14)63.57
LBB24.94
UBB31.34
FRA:ARRD (3/7/2025, 7:00:00 PM)
30.49
-1.67 (-5.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.19%
1 Week11.07%
2 Weeks12.68%
1 Month11.28%
3 Month26.25%
6 Month52.83%
12 Month28.08%
2 Year9.54%
3 Year4.13%
5 Year255.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.13
ATR(20)%3.28%
ATR Inc94.27%
Range Today1.25
ADR(20)0.72
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.83
Mansfield2.75
10 Day High32.16
10 Day Low26.42
20 Day High32.16
20 Day Low26.42
52 Week High32.16
52 Week Low18.58
CS1 End27.87
CR1 StartN/A
Volume & EV
DER(3)-0.03%
DER(5)0.03%
Volume108.99K
Volume Incr201.79%
Vol(5)122.38K
Vol(50)32.58K