ARCELORMITTAL (MT.AS) Stock Technical Analysis
AMS:MT - Euronext Amsterdam - LU1598757687 - Common Stock - Currency: EUR
Overall MT gets a technical rating of 9 out of 10. In the last year, MT was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that MT is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, MT also shows a nice and consistent pattern of rising prices.
MT 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 MT is lagging the market slightly.
MT has an average volume of 1737630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MT is part of the Metals & Mining industry. There are 39 other stocks in this industry, MT did better than 68% of them.
In the last month MT has a been trading in the 26.35 - 30.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although MT has an excellent technical rating, the quality of the presented setup is not ideal 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
22.74
30.78
4 important support areas can be observed.
- A support zone ranging from 27.22 to 28.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.85 to 26.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.52 from a trend line in the weekly time frame.
- Support @22.97 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.37 to 30.48. 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 MT.AS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MT.AS is neutral. |
| ChartMill Relative Strength | 86.13 | POSITIVE | MT.AS has a high relative strength, it outperformed 86.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MT.AS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MT.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MT.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.16 | NEUTRAL | The RSI value for MT.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests MT.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.1 | NEUTRAL | The Stochastics value for MT.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for MT.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.94 | NEUTRAL | The ADX value for MT.AS suggests a possible start of a new 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 |
|---|---|---|---|
| 28.95 | 27.90 | 1.05 (3.63%) | 25.00% |
| An entry @28.95. This is a Buy Stop order right above the 10 day moving average. | An exit @27.90. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.05 points, which is 3.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The distance between exit and entry is rather small compared to the average daily movement of MT. 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.
AMS:MT (8/21/2025, 7:00:00 PM)
28.53
-0.73 (-2.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.49%
1 Week-1.55%
2 Weeks2.11%
1 Month-1.21%
3 Month7.86%
6 Month5.47%
12 Month36.83%
2 Year16.31%
3 Year20.1%
5 Year169.1%
10 Year37.05%
15 Year-56.47%
Volatility
ATR(14)0.8
ATR(20)%2.79%
ATR Inc1.03%
Range Today0.97
ADR(20)0.72
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.13
Mansfield0.48
10 Day High30.34
10 Day Low27.91
20 Day High30.34
20 Day Low26.35
52 Week High32.18
52 Week Low19.65
CS1 End28.27
CR1 Start30.37
Volume & EV
DER(3)3.78%
DER(5)1.68%
Volume1.36M
Volume Incr-13.12%
Vol(5)1.46M
Vol(50)1.74M