ARCELORMITTAL (MT.AS) Stock Technical Analysis
AMS:MT - Euronext Amsterdam - LU1598757687 - Common Stock - Currency: EUR
Overall MT gets a technical rating of 10 out of 10. 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.
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 90% of all 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 40 other stocks in this industry. MT outperforms 76% of them.
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 25.82 - 29.62 range, which is quite wide. It is currently trading near the high of this range.
MT has an average volume of 1678330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
22.42
29.54
We found 4 important support areas.
- A support zone ranging from 27.16 to 27.75. 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 @24.06 from a trend line in the weekly time frame.
- Support @22.65 from a trend line in the daily 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 | 90.84 | POSITIVE | MT.AS has a high relative strength, it outperformed 90.84% 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) | 63.96 | NEUTRAL | The RSI value for MT.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests MT.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.75 | OVERBOUGHT | The high Stochastics value suggests MT.AS may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for MT.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.82 | 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)
AMS:MT (7/15/2025, 11:00:09 AM)
29.25
+0.15 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.52%
1 Week4.98%
2 Weeks8.3%
1 Month8.58%
3 Month22.17%
6 Month28.08%
12 Month40.17%
2 Year10.65%
3 Year21.68%
5 Year211.56%
10 Year17.43%
15 Year-56.29%
Volatility
ATR(14)0.71
ATR(20)%2.45%
ATR Inc-44.43%
Range Today0.26
ADR(20)0.63
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.84
Mansfield1.05
10 Day High29.62
10 Day Low25.94
20 Day High29.62
20 Day Low25.82
52 Week High32.18
52 Week Low18.43
CS1 End27.75
CR1 StartN/A
Volume & EV
DER(3)0.78%
DER(5)-0.15%
Volume167.28K
Volume Incr-4.15%
Vol(5)1.80M
Vol(50)1.68M