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Takip Edin: @UscMarketsAMSYF Stock Forecast & ArcelorMittal S.A. Chart Analysis
This article provides a detailed analysis of AMSYF-ArcelorMittal S.A. stock including a forecast for AMSYF shares. It features ArcelorMittal S.A. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
AMSYF Historical Data Review
AMSYF Current Price Performance Analysis
The ArcelorMittal S.A. - AMSYF stock traded on the American stock market, on 06-05-2024, closed at 26.89$ with no change compared to the previous day.
Last month, the price of AMSYF was 26.89 dollars on 05-06-2024, and did not change a month later.
Last year, the price of AMSYF was 26.05 dollars on 06-06-2023, and changed by %3.22 increased in value, to 26.89 dollars increased within a year.
The price of ArcelorMittal S.A. stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
AMSYF with AI Stock Forecast & Price Target
On the AMSYF chart ArcelorMittal S.A. price was recorded as 26.89 Dollars on 06/05/2024.
The artificial intelligence's forecast on AMSYF stock is as follows.
The artificial intelligence's prediction error margin for AMSYF stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for ArcelorMittal S.A. stock over the next 4 months is: 22.9 Dollars.
The commentary on AMSYF stock Target Price: Highest: 27.37 Dollars is predicted.
The commentary on AMSYF stock Target Price: Lowest: 19.358 Dollars is predicted.
Resistance Price where ArcelorMittal S.A. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-10-2024 | 27.370 |
| 09-18-2024 | 24.421 |
| 11-27-2024 | 22.633 |
| 02-10-2025 | 21.450 |
Support Price where ArcelorMittal S.A. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-29-2024 | 23.662 |
| 10-28-2024 | 21.165 |
| 01-16-2025 | 20.832 |
| 03-27-2025 | 19.358 |
The commentary on AMSYF stock: The target price can generally be said to be on the decline.
The commentary on AMSYF stock: Fluctuations in the target price can be expected in the coming days.
The target price for ArcelorMittal S.A. stock by the end of 2024 is predicted to be 21.231 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on AMSYF stock, and the 2024 target price predictions for ArcelorMittal S.A. are detailed above.
The technical analysis and charts for the commentary on AMSYF stock are below.
AMSYF Support & Resistance and Trend Analysis
AMSYF stock you have reviewed the technical analysis support resistance charts regarding.
AMSYF : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the AMSYF review, the ArcelorMittal S.A. support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
ArcelorMittal S.A. Support and Resistance Prices:
| AMSYF Support Level Price | AMSYF Resistance Level Price |
|---|---|
| 26.37 | 27.52 |
| 27.30 |
AMSYF Technical Analysis: SMA, RSI, MACD
Upon reviewing the AMSYF chart, buy and sell signals have been generated in the ArcelorMittal S.A. technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for AMSYF stock are as follows:- AMSYF technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for ArcelorMittal S.A. gave a 'Buy' signal when the RSI was at 2.667, with the current RSI value at nan.
- The technical analysis for AMSYF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for ArcelorMittal S.A. issued a 'Buy' signal when the MACD was at -0.038, with the current MACD value being: -0.015
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for ArcelorMittal S.A. stock: Click here to read more predictions on Antofagasta plc stock.
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