ARCELORMITTAL (ARRD.DE) Stock Technical Analysis
FRA:ARRD - Deutsche Boerse Ag - LU1598757687 - Common Stock - Currency: EUR
Overall ARRD gets a technical rating of 10 out of 10. In the last year, ARRD was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
In the last month ARRD has a been trading in the 27.14 - 29.59 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ARRD has an average volume of 20994 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 86% of all stocks. On top of that, ARRD also shows a nice and consistent pattern of rising prices.
ARRD is one of the better performing stocks in the Metals & Mining industry, it outperforms 73% of 39 stocks in the same industry.
ARRD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARRD is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although ARRD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.51
30.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.84 to 26.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.27 from a trend line in the weekly time frame.
- Support @22.74 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 28.23 to 28.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.12 from a trend line in the daily time frame.
- A resistance zone ranging from 30.39 to 30.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ARRD.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARRD.DE is up. |
| ChartMill Relative Strength | 86.33 | POSITIVE | ARRD.DE has a high relative strength, it outperformed 86.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARRD.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARRD.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARRD.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.97 | NEUTRAL | The RSI value for ARRD.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ARRD.DE has a negative trend. |
| Stochastics (14,3) | 32.23 | NEUTRAL | The Stochastics value for ARRD.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for ARRD.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.73 | NEGATIVE | The low ADX value for ARRD.DE suggests a weak or negative trend. |
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)
FRA:ARRD (7/31/2025, 5:29:55 PM)
27.505
-0.76 (-2.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.67%
1 Week-2.99%
2 Weeks1%
1 Month1.33%
3 Month4.32%
6 Month16.97%
12 Month45.67%
2 Year7.62%
3 Year17.97%
5 Year201.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%2.22%
ATR Inc-48.71%
Range Today1.1
ADR(20)0.52
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.33
Mansfield0.51
10 Day High29.45
10 Day Low27.9
20 Day High29.59
20 Day Low27.14
52 Week High32.16
52 Week Low18.58
CS1 End28.23
CR1 Start28.42
Volume & EV
DER(3)-0.14%
DER(5)0.17%
Volume14.67K
Volume Incr2.02%
Vol(5)13.43K
Vol(50)20.99K