MT NEWS why is Arcelormittal price falling or rising

MT NEWS reasons for why stock price of Arcelormittal is falling or rising

MT Arcelormittal is falling or rising technical reasons

Technical analysis forecast of Arcelormittal Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Arcelormittal MT at this time. Stock is rising and might rise more.

It appears as if Arcelormittal MT gave a large move recently.

Stock of Arcelormittal (MT) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Arcelormittal is bullish for shortterm, and stock might move up till 25.6 or till 26.3. Use a stoploss of 25 and if this stock hits its stoploss, then it can fall down till 24.39

MT Arcelormittal is falling or rising NEWS fundamental reasons

Pre-Market Earnings Report for November 12, 2024 : AZN, ROIV, RGEN, LEGN, AXSM, SGRY, CAMT, SATS, ZLAB, FA, SWTX, NMRA The following companies are expected to report earnings prior to market open on 11/12/2024. Visit our Earnings Calendar for a full list of expected earnings releases.Astrazeneca PLC (AZN)is reporting for the quarter ending September 30, 2024. The consensu - NEWS as on 2024-11-11 nasdaq.com

India's coal import rises 8% to 140.60 MT in Apr-Sept India imported more coal in the first half of this financial year. The import figure reached 140.60 million tonnes. This is a 7.8 percent increase compared to the same period last year. However, September saw a dip in imports. Domestic coal production incr - NEWS as on 2024-11-10 indiatimes.com

Coal ministry 'optimistic' about achieving production target of over 170 MT in FY25 India's coal ministry is confident about surpassing its coal production target of 170 million tonnes from captive and commercial mines in the current fiscal year. This optimism stems from the 33% production surge witnessed between April and November, reach - NEWS as on 2024-11-09 indiatimes.com

More announcements and NEWS

MT Arcelormittal current price & indicator signals

Moving Averages for Arcelormittal

  • 5Day Average: 25.3
  • 12Day Average: 25.22
  • 20Day Average: 25.08
  • 50Day Average: 24.77
  • 100Day Average: 23.65
  • 150Day Average: 24.05
  • 200Day Average: 24.65

MT Indicators & signals

Indicator MACD (12,26,9)

25.1, 24.92, 0.2
Indicator MACD is in positive zone

Indicator ADX (14)

0, 29.69, 29.69
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MT Arcelormittal are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 25.11 24.92 to 25.14 -0.71% 0.8 times
21 Thu Nov 2024 25.29 24.97 to 25.38 0.84% 0.75 times
20 Wed Nov 2024 25.08 24.99 to 25.25 -1.57% 0.91 times
19 Tue Nov 2024 25.48 24.87 to 25.54 -0.31% 0.7 times
18 Mon Nov 2024 25.56 25.27 to 25.62 1.15% 0.92 times
15 Fri Nov 2024 25.27 25.16 to 25.39 3.18% 1.42 times
14 Thu Nov 2024 24.49 24.48 to 24.98 3.03% 1 times
13 Wed Nov 2024 23.77 23.76 to 24.16 -2.34% 0.87 times
12 Tue Nov 2024 24.34 23.94 to 24.64 -4.88% 1.19 times
11 Mon Nov 2024 25.59 25.51 to 25.69 -1.92% 0.95 times
08 Fri Nov 2024 26.09 25.55 to 26.11 -1.58% 1.29 times
07 Thu Nov 2024 26.51 26.47 to 26.89 4.29% 1.66 times

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