MT
ArcelorMittal S.A. Basic Materials - Steel Investor Relations →
ArcelorMittal S.A. (MT) closed at $56.85 as of 2026-05-01, trading 93.4% above its 200-week moving average of $29.40. The stock is currently moving closer to the line, down from 104.3% last week. The 14-week RSI sits at 53, indicating neutral momentum.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.89 ratio) is neutral — neither side is clearly dominating.
Over the past 1451 weeks of data, MT has crossed below its 200-week moving average 13 times. On average, these episodes lasted 66 weeks. Historically, investors who bought MT at the start of these episodes saw an average one-year return of +5.3%.
With a market cap of $43.3 billion, MT is a large-cap stock. The stock trades at 1.6x book value.
The company has been aggressively buying back shares, reducing its share count by 5.5% over the past three years.
Over the past 27.8 years, a hypothetical investment of $100 in MT would have grown to $255, compared to $1042 for the S&P 500. MT has returned 3.4% annualized vs 8.8% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -58.8% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: MT vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MT Crosses Below the Line?
Across 13 historical episodes, buying MT when it crossed below its 200-week moving average produced an average return of +5.8% after 12 months (median +8.0%), compared to +13.3% for the S&P 500 over the same periods. 54% of those episodes were profitable after one year. After 24 months, the average return was +9.0% vs +33.9% for the index.
Each line shows $100 invested at the moment MT crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MT has crossed below its 200-week MA 13 times with an average 1-year return of +5.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 1998 | Dec 1999 | 76 | 75.6% | -30.3% | +106.2% |
| Jan 2000 | Sep 2003 | 189 | 91.9% | -77.2% | +154.7% |
| Sep 2008 | Jan 2017 | 433 | 74.5% | -19.6% | -21.8% |
| Jan 2017 | Feb 2017 | 1 | 2.0% | +44.2% | +162.8% |
| Apr 2017 | Jul 2017 | 13 | 15.8% | +48.2% | +183.2% |
| Nov 2018 | Jan 2019 | 9 | 9.9% | -23.7% | +173.2% |
| Feb 2019 | Feb 2019 | 1 | 3.6% | -18.3% | +183.3% |
| Mar 2019 | Dec 2020 | 93 | 66.3% | -37.5% | +197.8% |
| Sep 2022 | Oct 2022 | 4 | 7.5% | +22.5% | +195.7% |
| Oct 2023 | Nov 2023 | 5 | 9.1% | +11.3% | +161.7% |
| Apr 2024 | May 2024 | 4 | 0.7% | +9.4% | +132.5% |
| Jun 2024 | Feb 2025 | 35 | 19.4% | +22.1% | +132.7% |
| Mar 2025 | Apr 2025 | 1 | 6.3% | +117.8% | +134.0% |
| Average | 66 | — | +5.3% | — |
Frequently Asked Questions
Is MT below its 200-week moving average?
No. ArcelorMittal S.A. (MT) is currently 93.4% above its 200-week moving average of $29.40. It would need to fall to $29.40 to cross below the line.
What is MT's 200-week moving average price?
ArcelorMittal S.A.'s 200-week moving average is $29.40 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MT drops below its 200-week moving average?
MT has crossed below its 200-week moving average 13 times in our data. On average, buying at that moment produced a one-year return of +5.3%. These dips have historically been decent entry points. These episodes lasted 66 weeks on average.
Is MT a good value right now?
Here's what our data says about MT as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 53. Price-to-book is 1.6x. This is not a buy or sell recommendation — always do your own research.
How does MT compare to the S&P 500?
Over the past 27.8 years, $100 invested in MT would have grown to $255, compared to $1042 for the S&P 500. That's 3.4% annualized vs 8.8% for the index. MT has underperformed the broader market over this period.
Does MT pay a dividend?
Yes. ArcelorMittal S.A. currently pays a dividend yield of 106.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01