


Technical Sentiment Analysis for ArcelorMittal SA (MT) As of 2026-05-29, ArcelorMittal SA (MT) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 9 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MT stands at 66.18, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.598, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 96.313 and the Commodity Channel Index (CCI) at 152.036 further confirm a 5.63 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MT is trading above its 60-day moving average of $58.205 and above its 200-day long-term moving average of $48.397. Key price levels to watch include the immediate resistance at $70.618 and strong support at $59.138. A break above $70.618 could signal a bull continuation, while falling below $59.138 may test the next Fibonacci floor at $53.209.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 47.658 | 53.209 | 59.138 | 64.689 | 70.618 | 76.169 | 82.098 |
| Fibonacci | 53.209 | 57.594 | 60.304 | 64.689 | 69.074 | 71.784 | 76.169 |
2026-05-29
| Name | Value |
|---|---|
| RSI_14 | 66.18 |
| STOCHk_14_3_3 | 96.313 |
| STOCHd_14_3_3 | 97.451 |
| CCI_20 | 152.036 |
| AO_5_34 | 6.108 |
| MOM_10 | 5.63 |
| MACD_12_26_9 | 2.598 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 68.442 | Buy |
| MA_10 | 65.067 | Buy |
| MA_20 | 62.997 | Buy |
| MA_60 | 58.205 | Buy |
| MA_200 | 48.397 | Buy |
| MA_250 | 45.114 | Buy |