Arcelormittal Stock Forecast

Buy or Hold candidate since Jul 10, 2026 Gain 4.93%

The ArcelorMittal stock price gained 5.54% on the last trading day (Thursday, 30th Jul 2026), rising from $65.70 to $69.34. During the last trading day the stock fluctuated 4.37% from a day low at $66.45 to a day high of $69.35. The price has been going up and down for this period, and there has been a 6.06% gain for the last 2 weeks. Volume fell on the last day by -39 thousand shares and in total, 2 million shares were bought and sold for approximately $123.07 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.30% during the next 3 months and, with a 90% probability hold a price between $63.69 and $77.89 at the end of this 3-month period.

MT Signals & Forecast

Mostly positive signals in the chart today. The ArcelorMittal stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $67.05 and $65.05. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, July 01, 2026, and so far it has risen 17.01%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for ArcelorMittal stock

ArcelorMittal finds support from accumulated volume at $68.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.91 between high and low, or 4.37%. For the last week, the stock has had daily average volatility of 3.05%.

Our recommended stop-loss: $65.69 (-5.26%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 20 days ago.)

Trading Expectations (MT) For The Upcoming Trading Day Of Friday 31st

For the upcoming trading day on Friday, 31st we expect ArcelorMittal to open at $68.38, and during the day (based on 14 day Average True Range), to move between $68.25 and $70.43, which gives a possible trading interval of +/-$2.18 (+/-3.20%) up or down from last closing price. If ArcelorMittal takes out the full calculated possible swing range there will be an estimated 3.20% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $69.52 (0.26%) than the support at $68.60 (1.07%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Dividend Warning For MT

Dividend coming up for MT: Ex-dividend date (Friday 7th August, 2026) is 7 days away. The dividend is $0.150.

Is ArcelorMittal stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for ArcelorMittal stock to perform well in the short-term.

Current score: 4.305 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 31, 2026 - $68.38 ( 1.39%).

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