ARCELORMITTAL (MT.AS) Stock Technical Analysis
AMS:MT - Euronext Amsterdam - LU1598757687 - Common Stock - Currency: EUR
Taking everything into account, MT scores 4 out of 10 in our technical rating. MT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month MT has a been trading in the 25.74 - 27.62 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
MT has an average volume of 1886850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, MT turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
MT is an average performer in the Metals & Mining industry, it outperforms 60% of 36 stocks in the same industry.
MT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MT is lagging the market slightly.
Although the technical rating is only medium, MT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 25.85, a Stop Loss order could be placed below this zone.
More info and screens
22.25
28.45
When analyzing the support we can see 3 important areas.
- Support @25.85 from a horizontal line in the daily time frame.
- Support @23.69 from a trend line in the weekly time frame.
- A support zone ranging from 22.47 to 22.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 26.24 to 26.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.36 from a horizontal line in the weekly time frame.
- Resistance @28.17 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for MT.AS is neutral. |
| ChartMill Relative Strength | 68.69 | NEUTRAL | MT.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MT.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MT.AS is below 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) | 45.38 | NEUTRAL | The RSI value for MT.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests MT.AS has a negative trend. |
| Stochastics (14,3) | 32.94 | NEUTRAL | The Stochastics value for MT.AS is a neutral value. |
| 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) | 14.03 | 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 (6/20/2025, 7:00:00 PM)
26.18
+0.33 (+1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.28%
1 Week0.38%
2 Weeks-1.62%
1 Month-1.02%
3 Month-10.1%
6 Month17.61%
12 Month19.16%
2 Year5.01%
3 Year21.71%
5 Year179.4%
10 Year-0.07%
15 Year-58.85%
Volatility
ATR(14)0.65
ATR(20)%2.5%
ATR Inc43.97%
Range Today0.5
ADR(20)0.53
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.69
Mansfield0.59
10 Day High27.44
10 Day Low25.78
20 Day High27.62
20 Day Low25.74
52 Week High32.18
52 Week Low18.43
CS1 End25.85
CR1 Start26.24
Volume & EV
DER(3)1.1%
DER(5)1.3%
Volume5.61M
Volume Incr51.98%
Vol(5)2.37M
Vol(50)1.89M