ARCELORMITTAL (MT.AS) Stock Technical Analysis
Europe - AMS:MT - LU1598757687 - Common Stock
29.59 EUR
-0.11 (-0.37%)
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 88% of all other 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.
In the last month MT has a been trading in the 27.42 - 30.34 range, which is quite wide. It is currently trading near the high of this range.
MT has an average volume of 1613370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MT is an average performer in the Metals & Mining industry, it outperforms 62% of 38 stocks in the same industry.
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
22.92
30.78
When analyzing the support we can see 5 important areas.
- Support @29.55 from a trend line in the daily time frame.
- A support zone ranging from 28.08 to 28.85. 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 @24.80 from a trend line in the weekly time frame.
- Support @23.15 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @29.62 from a horizontal line in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for MT.AS is up. |
| ChartMill Relative Strength | 88.6 | POSITIVE | MT.AS has a high relative strength, it outperformed 88.6% 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) | 60.28 | 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. |
| Stochastics (14,3) | 82.89 | OVERBOUGHT | The high Stochastics value suggests MT.AS may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for MT.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.99 | NEGATIVE | The low ADX value for MT.AS 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 |
|---|---|---|---|
| 30.49 | 29.54 | 0.95 (3.12%) | 25.00% |
| An entry @30.49. This is a Buy Stop order right above the resistance zone. | An exit @29.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.95 points, which is 3.12%. | For a 0.78% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 (9/12/2025, 5:36:15 PM)
29.59
-0.11 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.37%
1 Week4.76%
2 Weeks4.06%
1 Month2.48%
3 Month13.88%
6 Month0.3%
12 Month44.67%
2 Year24.92%
3 Year43.72%
5 Year160.89%
10 Year112.49%
15 Year-56.81%
Volatility
ATR(14)0.69
ATR(20)%2.41%
ATR Inc26.74%
Range Today0.95
ADR(20)0.66
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.6
Mansfield0.44
10 Day High29.86
10 Day Low27.42
20 Day High30.34
20 Day Low27.42
52 Week High32.18
52 Week Low20.34
CS1 End29.62
CR1 Start30.37
Volume & EV
DER(3)-1.27%
DER(5)0.34%
Volume781.73K
Volume Incr33.34%
Vol(5)1.89M
Vol(50)1.61M