ArcelorMittal Shares Take a Breather After Nearly 120% Annual Rally
The Luxembourg-based steelmaker stands out in a well-oriented Parisian market. The stock slightly retreats after an exceptional spring marked by several financial operations and a spectacular rally. The consolidation remains contained considering the performance accumulated over the past months.
Measured Consolidation in the Lower CAC 40 Following the Spring Rally
ArcelorMittal shares fall by 0.37% to €58.52, while the CAC 40 gains 0.82% at 8,266 points. The stock is among the few declines in the flagship Paris index, alongside Dassault Systèmes and Bureau Veritas.
This slight decline follows last Friday's correction, already documented at -3.44%, after the rally that had brought the stock to a five-year high at the end of May.
Over a week, the stock has lost 2.56%, a logical breather given the gains accumulated over the past three months.
Mid-Term Momentum Intact Despite Today's Dip
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.
Despite today's drop, the stock remains 2.81% above its 20-day moving average (€56.92) and 11.11% above its 50-day moving average (€52.67). The gap to the 200-day moving average reaches nearly 38%, illustrating the magnitude of the bullish journey in recent months.
The RSI at 59 remains in neutral territory, with no immediate overheating signal. The annual performance stands at nearly 120%, supported this year by the issuance of a billion-dollar bond in May and the sale of 10% of Vallourec's capital at €24 per share.
The resistance threshold identified at €62.14 remains the next technical milestone to watch, with the reference support placed at €47.59.
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.
