(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 2024-04-09 View latest technical analysis
10 day averaged volume of Steel Dynamics is 871810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 146.73 | 148.88 | 149.62 | 144.51 | 0.944 times |
| 08 Mon Apr 2024 | 147.85 | 147.92 | 148.88 | 146.14 | 0.711 times |
| 05 Fri Apr 2024 | 147.27 | 146.15 | 147.66 | 145.63 | 0.732 times |
| 04 Thu Apr 2024 | 146.71 | 148.60 | 149.78 | 146.07 | 0.881 times |
| 03 Wed Apr 2024 | 147.73 | 147.76 | 150.50 | 147.37 | 1.036 times |
| 02 Tue Apr 2024 | 147.90 | 149.01 | 149.34 | 145.98 | 1.052 times |
| 01 Mon Apr 2024 | 149.26 | 149.00 | 151.34 | 148.05 | 1.002 times |
| 28 Thu Mar 2024 | 148.23 | 147.39 | 148.74 | 146.63 | 1.097 times |
| 27 Wed Mar 2024 | 146.99 | 146.22 | 147.14 | 144.81 | 1.138 times |
| 26 Tue Mar 2024 | 144.83 | 144.60 | 145.82 | 144.17 | 1.22 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 148.6 as stoploss in an intra day sell trade for a target of 143.22. However, stock will show a bullish move above 148.6.
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 109.66 |
| Downside Target | 117.43 |
| Downside Target | 122.88 |
| Downside Target | 127.14 |
| Downside Target | 134.37 |
| Downside Target | 137.73 |
| Downside Target | 144.06 |
| Downside Target | 145.63 |
| Upside Target | 148.74 |
| Upside Target | 149.62 |
| Upside Target | 151.34 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 144.29 |
| Downside Intraday Target | 141.84 |
| Upside Intraday Target | 149.4 |
| Upside Intraday Target | 152.06 |
| Upside Intraday Target | 146.95 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 146.73 | 147.92 | 149.62 | 144.51 | 0.352 times |
| 05 Fri Apr 2024 | 147.27 | 149.00 | 151.34 | 145.63 | 1.026 times |
| 28 Thu Mar 2024 | 148.23 | 145.52 | 148.74 | 144.06 | 0.79 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 |
Price has moved down 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 |
| 09 Tue Apr 2024 | 146.73 | 149.00 | 151.34 | 144.51 | 0.237 times |
| 28 Thu Mar 2024 | 148.23 | 134.28 | 148.74 | 127.14 | 1.022 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 |
Scroll below to view daily charts
Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 losing momentum.
MACD generated a SELL signal for Steel Dynamics in short term but the sell signal is initial and weak.
Steel Dynamics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Steel Dynamics in short term and SELL 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 147.3 and Steel Dynamics (STLD) stock is trading below this level. This means that stock is falling with high volumes. 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 losing momentum.
MACD generated a SELL signal for Steel Dynamics in short term but the sell signal is initial and weak.
Steel Dynamics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Steel Dynamics in short term and SELL 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 147.3 and Steel Dynamics (STLD) stock is trading below this level. This means that stock is falling with high volumes. 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.