ARCELORMITTAL (MT.AS) Stock Technical Analysis
Europe • Euronext Amsterdam • AMS:MT • LU1598757687
Taking everything into account, MT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, MT did better than 96% of all other stocks. On top of that, MT also shows a nice and consistent pattern of rising prices.
- MT is part of the Metals & Mining industry. There are 44 other stocks in this industry. MT outperforms 74% of them.
- MT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MT has a been trading in the 40.04 - 51.64 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 1873240 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.
Although MT 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
26.48
We found 4 important support areas.
- Support @43.61 from a trend line in the daily time frame.
- Support @39.48 from a trend line in the daily time frame.
- Support @33.13 from a trend line in the weekly time frame.
- Support @26.75 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 MT.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MT.AS is up. |
| ChartMill Relative Strength | 96.98 | POSITIVE | MT.AS has a high relative strength, it outperformed 96.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MT.AS is above the rising 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) | 78.12 | OVERBOUGHT | The high RSI value suggests MT.AS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests MT.AS has a positive trend. |
| Stochastics (14,3) | 91.41 | OVERBOUGHT | The high Stochastics value suggests MT.AS may be overbought. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for MT.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 57.55 | POSITIVE | The high ADX value value for MT.AS suggests a strong trend. |
AMS:MT (2/6/2026, 7:00:00 PM)
51.2
+2.19 (+4.47%)
ARCELORMITTAL / MT.AS FAQ
What is the technical rating for MT stock?
ChartMill assigns a technical rating of 10 / 10 to MT.AS.
What is the trend direction for MT stock?
The current trend direction for ARCELORMITTAL (MT.AS) is Bullish.
What is the RSI signal for ARCELORMITTAL (MT.AS) stock?
ARCELORMITTAL (MT.AS) has an RSI value of 78.1209. This indicates that the stock is currently overbought.
What is the buy/sell signal for ARCELORMITTAL (MT.AS) stock?
The buy/sell signal for ARCELORMITTAL (MT.AS) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ARCELORMITTAL?
ARCELORMITTAL (MT.AS) has a support level at 43.61. Check the full technical report for our detailed analysis of MT.AS support and resistance levels.