ARCELORMITTAL (ARRD.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:ARRD - LU1598757687 - Common Stock
Taking everything into account, ARRD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ARRD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: ARRD has an average volume of 13374 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ARRD did better than 96% of all other stocks. On top of that, ARRD also shows a nice and consistent pattern of rising prices.
- ARRD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ARRD has a been trading in the 37.73 - 46.45 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.
- ARRD is part of the Metals & Mining industry. There are 45 other stocks in this industry, ARRD did better than 68% of them.
- 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
26.34
4 important support areas can be observed.
- A support zone ranging from 41.16 to 41.59. 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 38.23 to 38.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.79 from a trend line in the weekly time frame.
- Support @26.61 from a trend line in the weekly time frame.
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 | 96.09 | POSITIVE | ARRD.DE has a high relative strength, it outperformed 96.09% 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) | 79.03 | OVERBOUGHT | The high RSI value suggests ARRD.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests ARRD.DE has a positive trend. |
| Stochastics (14,3) | 95.89 | OVERBOUGHT | The high Stochastics value suggests ARRD.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for ARRD.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 49.84 | POSITIVE | The high ADX value value for ARRD.DE suggests a strong trend. |
FRA:ARRD (1/23/2026, 7:00:00 PM)
45.87
-0.31 (-0.67%)
ARCELORMITTAL / ARRD.DE FAQ
Can you provide the ChartMill technical rating for ARCELORMITTAL?
ChartMill assigns a technical rating of 10 / 10 to ARRD.DE.
Can you provide the trend direction for ARCELORMITTAL?
The current trend direction for ARCELORMITTAL (ARRD.DE) is Bullish.
Can you provide the RSI signal for ARCELORMITTAL?
ARCELORMITTAL (ARRD.DE) has an RSI value of 79.0314. This indicates that the stock is currently overbought.
What is the short term momentum for ARCELORMITTAL (ARRD.DE) stock?
The short term momentum for ARCELORMITTAL (ARRD.DE) is positive.
Can you provide the buy/sell signal for ARCELORMITTAL?
The buy/sell signal for ARCELORMITTAL (ARRD.DE) is buy as both the short term and long term trends are positive.