ARCELORMITTAL (MT.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:MT - LU1598757687 - Common Stock
We assign a technical rating of 10 out of 10 to MT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MT is showing a nice and steady performance.
Although MT has an excellent technical rating, it does not present a decent entry opportunity 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
25.65
We found 5 important support areas.
- A support zone ranging from 33.57 to 35.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.32 to 32.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 31.01 to 31.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.45 from a horizontal line in the daily time frame.
- Support @25.91 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 | 95.05 | POSITIVE | MT.AS has a high relative strength, it outperformed 95.05% 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) | 68.37 | NEUTRAL | The RSI value for MT.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests MT.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.36 | OVERBOUGHT | The high Stochastics value suggests MT.AS may be overbought. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for MT.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 23.9 | NEUTRAL | The ADX value for MT.AS suggests a possible start of a new trend. |
AMS:MT (12/2/2025, 7:00:00 PM)
37.32
-0.12 (-0.32%)
ARCELORMITTAL / MT.AS FAQ
What is the technical rating for MT stock?
ChartMill assigns a technical rating of 10 / 10 to MT.AS.
Can you provide the trend direction for ARCELORMITTAL?
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 68.3658. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ARCELORMITTAL?
The MACD indicator for ARCELORMITTAL (MT.AS) has a value of 0.234924, indicating a bearish trend.
What is the short term momentum for ARCELORMITTAL (MT.AS) stock?
The short term momentum for ARCELORMITTAL (MT.AS) is positive.