ArcelorMittal : Getting stronger again!! Go for the best!ArcelorMittal, the world's leading steel and mining producer, present in 60 countries and with primary steel production facilities in 16 countries, presents a CLEARLY BULLISH technical outlook.
If we look at the H1 chart above, the trend is clearly bullish, as are its upper timeframes, H4, Daily, a
4.19 BRL
7.22 B BRL
336.62 B BRL
About ARCELORMITTAL SA
Sector
Industry
CEO
Aditya Mittal
Website
Headquarters
Luxembourg
Founded
2001
ISIN
BRARMTBDR008
FIGI
BBG001721K09
ArcelorMittal SA is a holding company, which engages in steelmaking and mining activities. It operates through the following business segments: NAFTA; Brazil; Europe; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA segment consists of flat products such as slabs, hot-rolled coil, cold-rolled coil, coated steel, and plate. The Brazil segment covers wire rod, bar and rebars, billets, blooms, and wire drawing. The Europe segment offers hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. The ACIS segment produces a combination of flat, long, and tubular products. The Mining segment focuses on steel operations. The company was founded by Lakshmi Niwas Mittal in 1976 and is headquartered in Luxembourg.
ArcelorMittal (MT) Stock Chart & Technical Analysis GraphWithin a 100K Account Balance the split on Trade & Risk Management = 1/10% - 1/20% margin as an Execution Range, to set up an Order Entry and select a per Trade on Average, to avoid any drawdown hit regarding to Stop Loss & to execute Risk on Management Specifics. Trail Stop efforts are a Focus of A
ARCELOR MITTALFirst of all, I don't like Spanish stocks at all, but hey, a client has bought stocks at the current price and I gave him the following analysis.
We would have to be consistent even though it is respecting the average, and position a lower operation to average in case the asset once again seeks the
Position #1 – ArcelorMittal SA – 19.07.2023LIMIT BUY @ 24.80 EUR
TP @ 30.50 EUR (22.98%)
SL @ 23.00 EUR (-7.26%)
Technical Analysis
This stock has formed a Continuation Wedge pattern (Bullish), providing a target price for the intermediate-term in the range of 30.50 to 32.00, the Momentum oscillator has crossed above 0, thereby signaling a
MT technical Breakdown on watchIf retail earnings come in negative this stock could see further weakness.
A head & shoulders pattern has triggered which means we have to be aware of continued weakness to the downside.
A close above the neckline negates the pattern but being below key moving averages does not display signs of
ARCELORMITTAL MTS Bullish DivergenceArcelorMittal has activated a divergence with both MACD and RSI and with target price at 30.985€. I'd set the stop loss below 19.42€ because the structure would get inactivated. This is a short term structure but just as a reminder this company has a double bottom activated with target price to 54.1
MT to break higher?ArcelorMittal - 30d expiry - We look to Buy a break of 26.51 (stop at 25.56)
Daily signals are bullish.
26.47 has been pivotal.
Our short term bias remains positive.
The bias is to break to the upside.
There is no clear indication that the upward move is coming to an end.
We are trading withi
Arcelormittal to break a resistance. ArcelorMittal - 30d expiry - We look to Buy a break of 22.52 (stop at 21.59)
Prices have reacted from 19.40.
A break of the recent high at 22.40 should result in a further move higher.
Short term bias has turned positive.
The RSI is trending higher.
This stock has seen good sales growth.
Our
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
MT5829553
ArcelorMittal SA 6.35% 17-JUN-2054Yield to maturity
7.11%
Maturity date
Jun 17, 2054
US3938LAS3
ARCELORMITTAL 2041Yield to maturity
7.01%
Maturity date
Mar 1, 2041
US3938LAZ7
ARCELORMITTAL 15/25Yield to maturity
6.52%
Maturity date
Jun 1, 2025
ARRA
ARCELORMITTAL 2039Yield to maturity
6.43%
Maturity date
Oct 15, 2039
MT5829552
ArcelorMittal SA 6.0% 17-JUN-2034Yield to maturity
5.97%
Maturity date
Jun 17, 2034
US3938LBF0
ARCELORMITT. 22/32Yield to maturity
5.86%
Maturity date
Nov 29, 2032
MT4858475
ArcelorMittal SA 4.25% 16-JUL-2029Yield to maturity
5.37%
Maturity date
Jul 16, 2029
US3938LBE3
ARCELORMITT. 22/27Yield to maturity
5.34%
Maturity date
Nov 29, 2027
US3938LBA1
ARCELORMITT. 19/26Yield to maturity
5.19%
Maturity date
Mar 11, 2026
XS295418303
ARCELORMITT. 24/31 MTNYield to maturity
4.17%
Maturity date
Dec 13, 2031
XS295418184
ARCELORMITT. 24/28 MTNYield to maturity
3.39%
Maturity date
Dec 13, 2028
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