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.
Warning: ARRD has an average volume of 21808 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 87% of all stocks. On top of that, ARRD also shows a nice and consistent pattern of rising prices.
ARRD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ARRD is lagging the market slightly.
In the last month ARRD has a been trading in the 25.95 - 29.59 range, which is quite wide. It is currently trading near the high of this range.
ARRD is part of the Metals & Mining industry. There are 39 other stocks in this industry, ARRD did better than 68% of them.
Besides having an excellent technical rating, ARRD also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.94
30.79
4 important support areas can be observed.
- A support zone ranging from 28.80 to 28.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.90 to 28.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @24.18 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @29.24 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 | 87.56 | POSITIVE | ARRD.DE has a high relative strength, it outperformed 87.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARRD.DE is above 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) | 57.76 | NEUTRAL | The RSI value for ARRD.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ARRD.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.55 | NEUTRAL | The Stochastics value for ARRD.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for ARRD.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.73 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 29.25 | 28.79 | 0.46 (1.57%) | 25.00% |
| An entry @29.25. This is a Buy Stop order right above the resistance zone. | An exit @28.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.46 points, which is 1.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.39%. |
- The distance between exit and entry is rather small compared to the average daily movement of ARRD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:ARRD (7/24/2025, 7:00:00 PM)
28.88
-0.25 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.86%
1 Week2.19%
2 Weeks-2.23%
1 Month6.88%
3 Month11.25%
6 Month21.86%
12 Month39.05%
2 Year9.98%
3 Year20.56%
5 Year207.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%2.53%
ATR Inc-25.61%
Range Today0.63
ADR(20)0.61
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.56
Mansfield0.78
10 Day High29.53
10 Day Low27.89
20 Day High29.59
20 Day Low25.95
52 Week High32.16
52 Week Low18.58
CS1 End28.86
CR1 Start29.24
Volume & EV
DER(3)-0.21%
DER(5)-0.12%
Volume19.24K
Volume Incr42.38%
Vol(5)18.82K
Vol(50)21.81K