(STLD) Steel Dynamics complete technical analysis [charts+indicators] | Buy/Sell Steel Dynamics | (STLD) share price targets
Complete technical analysis of Steel Dynamics (STLD) by charts plus indicators, forecast predictions and share price targets for Steel Dynamics (STLD)
Steel Dynamics trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-03-27 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1309660
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 146.99 | 146.22 | 147.14 | 144.81 | 0.758 times |
26 Tue Mar 2024 | 144.83 | 144.60 | 145.82 | 144.17 | 0.812 times |
25 Mon Mar 2024 | 144.15 | 145.52 | 148.34 | 144.06 | 0.752 times |
22 Fri Mar 2024 | 144.01 | 143.15 | 145.48 | 143.15 | 0.586 times |
21 Thu Mar 2024 | 143.86 | 143.80 | 144.41 | 141.26 | 0.734 times |
20 Wed Mar 2024 | 142.72 | 141.18 | 143.41 | 140.30 | 0.757 times |
19 Tue Mar 2024 | 140.88 | 140.00 | 141.26 | 139.73 | 0.939 times |
18 Mon Mar 2024 | 139.97 | 138.46 | 140.35 | 137.73 | 0.848 times |
15 Fri Mar 2024 | 137.90 | 132.30 | 138.95 | 131.62 | 2.951 times |
14 Thu Mar 2024 | 132.16 | 133.95 | 135.20 | 131.05 | 0.739 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 142.6, but if it comes below 142.6, then a intra day sell could be more profitable.
If you take a sell trade below 142.6, then use 142.6 as stoploss and 136.64 as target. However if you take a buy trade in stock , then use 142.6 as stoploss and 149.8 as target.
Share price targets for Steel Dynamics (STLD)
Target Type | Value |
Downside Target | 105.63 |
Downside Target | 109.66 |
Downside Target | 117.43 |
Downside Target | 122.88 |
Downside Target | 127.02 |
Downside Target | 134.37 |
Downside Target | 137.70 |
Downside Target | 137.73 |
Downside Target | 138.95 |
Downside Target | 144.06 |
Downside Target | 145.48 |
Upside Target | 148.34 |
Intraday share price targets for Steel Dynamics (STLD)
Target Type | Value |
Downside Intraday Target | 144.59 |
Downside Intraday Target | 142.18 |
Upside Intraday Target | 148.87 |
Upside Intraday Target | 150.74 |
Downside Intraday Target | 146.46 |
Weekly technical analysis of Steel Dynamics (STLD)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 146.99 | 145.52 | 148.34 | 144.06 | 0.601 times |
22 Fri Mar 2024 | 144.01 | 138.46 | 145.48 | 137.73 | 0.641 times |
15 Fri Mar 2024 | 137.90 | 130.25 | 138.95 | 127.23 | 1.596 times |
08 Fri Mar 2024 | 131.48 | 133.47 | 135.24 | 127.14 | 0.702 times |
01 Fri Mar 2024 | 133.71 | 127.60 | 137.70 | 127.02 | 2.061 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Steel Dynamics (STLD)
Date | Monthly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 146.99 | 134.28 | 148.34 | 127.14 | 0.98 times |
29 Thu Feb 2024 | 133.82 | 121.93 | 134.37 | 117.43 | 0.777 times |
31 Wed Jan 2024 | 120.69 | 117.83 | 122.88 | 109.66 | 1.012 times |
29 Fri Dec 2023 | 118.10 | 120.00 | 128.57 | 111.63 | 1.209 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Steel Dynamics (STLD)
Price action analysis of Steel Dynamics ( (STLD) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Steel Dynamics stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Steel Dynamics in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Steel Dynamics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Steel Dynamics in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Steel Dynamics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 140.85 and Steel Dynamics (STLD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Steel Dynamics (STLD) stock. Volume based technical analysis of Steel Dynamics (STLD) stock is negative.
Steel Dynamics Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Steel Dynamics stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Steel Dynamics in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Steel Dynamics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Steel Dynamics in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Steel Dynamics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 140.85 and Steel Dynamics (STLD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Steel Dynamics (STLD) stock. Volume based technical analysis of Steel Dynamics (STLD) stock is negative.
Steel Dynamics Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.