ArcelorMittal Shares Drop 11% in a Week, Testing a Key Support Level
ArcelorMittal shares experienced a significant decline this Thursday, March 12, trading at 47.13 euros during the session, down 3.4% from the previous day's close of 48.79 euros. This downturn is part of a challenging week for the steelmaker, with the stock losing nearly 11% over seven days. The movement occurs amid a general weakness in European markets, with the CAC 40 down 0.39% and the SBF 120 falling 0.34% during the session.
Short-Term Fragility as Shares Trade Below 50-Day Moving Average
ArcelorMittal SA's stock price is now trading below its 50-day moving average of 47.73 euros, signaling short-term fragility. The stock is approaching its technical support threshold at 45.74 euros, which could serve as a floor if selling pressure continues. Additionally, the RSI at 38 indicates a pronounced bearish momentum without yet reaching the oversold zone, typically set below 30. This decline contrasts with a still solid three-month performance, with the stock gaining 22.64%, and particularly over one year with an increase of 64.16%. The 200-day moving average at 35.25 euros remains well below the current price, confirming that the underlying trend is still bullish despite the recent correction.
Key Financial Milestone Approaching on April 30, 2026
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
The next major financial milestone for the Luxembourg-based steel group is set for April 30, 2026, when it will publish its first-quarter results. Until then, the lack of immediate catalysts leaves the stock vulnerable to market movements and positioning adjustments. The monthly volatility of ArcelorMittal SA stands at 17.24%, a relatively high level that reflects the amplitude of recent fluctuations. In European trading this Thursday, the session remained bearish: the DAX lost 0.10% and the FTSE 100 declined by 0.34%. In Asia, the Nikkei 225 closed down 1.04% and the Hang Seng ended 0.70% lower. The next checkpoint for observers of the stock will be its ability to maintain the 45.74 euros zone in the upcoming sessions, pending new fundamental elements during the quarterly publication.
Nous restons confiants dans les perspectives d'ArcelorMittal pour le reste de l'année.
Résultats du 1er trimestre démontrant une résilience avec des marges améliorées.
Risks mentioned
Les taux de change et autres charges financières nettes s'élevaient à 80 M$ au 1T 2026.
La dépense d'impôts sur le revenu pour le 1T 2026 était de 136 M$.
L'augmentation de la dette nette à 9,3 milliards $ pourrait affecter la perception des investisseurs.
Pressions sur le coût des matières premières en raison de l'inflation.
Opportunities identified
L'augmentation de la production d'acier brut à 13,3 Mt en 1T 2026.
Le programme d'investissement stratégique en cours offre un potentiel de croissance.
Le redémarrage des hauts-fourneaux inactifs à Fos et Dabrowa a été préparé.
Les investissements dans de nouveaux fours à arc électrique augurent de meilleures performances.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
