Arcelormittal Stock Forecast

Sell candidate since Jul 07, 2026 Loss -0.30%

The ArcelorMittal stock price fell by -0.396% on the last day (Thursday, 9th Jul 2026) from $63.21 to $62.96. During the last trading day the stock fluctuated 2.97% from a day low at $61.71 to a day high of $63.54. The price has been going up and down for this period, and there has been a 2.42% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -99 thousand shares and in total, 2 million shares were bought and sold for approximately $124.28 million.

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 7.97% during the next 3 months and, with a 90% probability hold a price between $64.46 and $79.57 at the end of this 3-month period.

MT Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, July 01, 2026, and so far it has risen 6.24%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ArcelorMittal stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $65.47. On a fall, the stock will find some support from the short-term average at $62.51. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for ArcelorMittal stock

ArcelorMittal finds support from accumulated volume at $62.06 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 $1.83 between high and low, or 2.97%. For the last week, the stock has had daily average volatility of 2.67%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MT) For The Upcoming Trading Day Of Friday 10th

For the upcoming trading day on Friday, 10th we expect ArcelorMittal to open at $62.74, and during the day (based on 14 day Average True Range), to move between $61.83 and $64.09, which gives a possible trading interval of +/-$2.26 (+/-3.65%) up or down from last closing price. If ArcelorMittal takes out the full calculated possible swing range there will be an estimated 3.65% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $62.06 (1.43%) than the resistance at $64.11 (1.83%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Dividend Warning For MT

Dividend coming up for MT: Ex-dividend date (Friday 7th August, 2026) is 27 days away. The dividend is $0.150.

Is ArcelorMittal stock A Buy?

ArcelorMittal holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.844 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 10, 2026 - $62.74 ( 0.355%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk