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Is MT building bullish momentum? Pocket Pivot shows up after surging 6.99%

Arcelor Mittal (MT) — Daily Technical Analysis & Swing Trading Signals · Jul 2, 2026, 20:05 ET
MT finished higher by 6.99% on Thursday, July 2nd, trading 1.5 times its typical volume. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 62.49, 61.59 & 61.0, with resistance at 63.98, 64.57 & 65.47. Technical indicators like Slow Stochastic reveal oversold momentum right now.

Current SwingTradeBot Technical Rating of MT: C

There’s more where that came from. See all of today’s signals for MT here.

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