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. 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.
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
26.11
We found 5 important support areas.
- A support zone ranging from 39.05 to 40.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @37.30 from a trend line in the daily time frame.
- A support zone ranging from 36.58 to 36.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.19 from a trend line in the weekly time frame.
- Support @26.37 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 | 95.57 | POSITIVE | MT.AS has a high relative strength, it outperformed 95.57% 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) | 64.42 | NEUTRAL | The RSI value for MT.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MT.AS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.89 | NEUTRAL | The Stochastics value for MT.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for MT.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 34.36 | POSITIVE | The high ADX value value for MT.AS suggests a strong trend. |
AMS:MT (1/9/2026, 7:00:00 PM)
40.38
+0.12 (+0.3%)
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 64.4231. This indicates that the stock is currently neutral.
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 40.16. Check the full technical report for our detailed analysis of MT.AS support and resistance levels.