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ARCELORMITTAL (MT.AS) Stock Technical Analysis

AMS:MT - Euronext Amsterdam - LU1598757687 - Common Stock - Currency: EUR

30.48  -1.69 (-5.25%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to MT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MT is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MT did better than 92% of all other stocks.
MT is one of the better performing stocks in the Metals & Mining industry, it outperforms 72% of 37 stocks in the same industry.
MT 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 MT has a been trading in the 26.03 - 32.18 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.
MT has an average volume of 3169110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ARCELORMITTAL / MT Weekly stock chart
ARCELORMITTAL / MT Daily stock chart
Setup Rating and Analysis

2

Although MT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

21.60

30.78

We found 4 important support areas.

  • A support zone ranging from 27.81 to 27.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @26.54 from a horizontal line in the daily time frame.
  • Support @24.02 from a horizontal line in the weekly time frame.
  • A support zone ranging from 21.82 to 22.29. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.72
Mansfield2.75
10 Day High32.18
10 Day Low26.41
20 Day High32.18
20 Day Low26.03
52 Week High32.18
52 Week Low18.43
Performance
1 Week11.08%
2 Weeks12.68%
1 Month11.4%
3 Month26.21%
6 Month52.4%
12 Month27.66%
2 Year9.36%
3 Year4.03%
5 Year251.92%
10 Year15.78%
15 Year-67.04%
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
LBB24.92
UBB31.36
ARCELORMITTAL / MT Daily stock chart

ARCELORMITTAL

AMS:MT (3/7/2025, 7:00:00 PM)

30.48

-1.69 (-5.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.25%
1 Week11.08%
2 Weeks12.68%
1 Month11.4%
3 Month26.21%
6 Month52.4%
12 Month27.66%
2 Year9.36%
3 Year4.03%
5 Year251.92%
10 Year15.78%
15 Year-67.04%
Volatility
ATR(14)1.18
ATR(20)%3.68%
ATR Inc70.96%
Range Today1.29
ADR(20)0.93
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.72
Mansfield2.75
10 Day High32.18
10 Day Low26.41
20 Day High32.18
20 Day Low26.03
52 Week High32.18
52 Week Low18.43
CS1 End27.87
CR1 StartN/A
Volume & EV
DER(3)-1.15%
DER(5)-0.47%
Volume4.32M
Volume Incr85.9%
Vol(5)6.41M
Vol(50)3.17M