ARCELORMITTAL (MT.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:MT - LU1598757687 - Common Stock
Overall MT gets a technical rating of 10 out of 10. 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.
- 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 MT is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by MT over the past year are nicely spread over this period.
- MT 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 MT has a been trading in the 37.68 - 42.53 range, which is quite wide. It is currently trading near the high of this range.
- MT has an average volume of 1771990 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 66% of 43 stocks in the same industry.
MT has an excellent technical rating, but the quality of the setup is only medium 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
26.29
We found 5 important support areas.
- A support zone ranging from 41.19 to 41.23. 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 37.69 to 38.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.59 from a horizontal line in the daily time frame.
- Support @32.66 from a trend line in the weekly time frame.
- Support @26.56 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.03 to 42.14. 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 | 95 | POSITIVE | MT.AS has a high relative strength, it outperformed 95% 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) | 71.41 | OVERBOUGHT | The high RSI value suggests MT.AS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests MT.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.55 | OVERBOUGHT | The high Stochastics value suggests MT.AS may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for MT.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 41.34 | POSITIVE | The high ADX value value for MT.AS suggests a strong trend. |
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 |
|---|---|---|---|
| 42.15 | 41.18 | 0.97 (2.30%) | 25.00% |
| An entry @42.15. This is a Buy Stop order right above the resistance zone. | An exit @41.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.97 points, which is 2.30%. | For a 0.58% 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 (1/20/2026, 2:46:13 PM)
41.55
-0.49 (-1.17%)
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 71.411. 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 41.23 and a resistance level at 42.1. Check the full technical report for our detailed analysis of MT.AS support and resistance levels.