(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 2024-04-12 View latest technical analysis
10 day averaged volume of Steel Dynamics is 865790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 140.63 | 144.29 | 145.31 | 140.00 | 1.476 times |
| 11 Thu Apr 2024 | 144.23 | 144.53 | 145.62 | 142.50 | 1.183 times |
| 10 Wed Apr 2024 | 144.65 | 145.04 | 146.03 | 143.51 | 1.31 times |
| 09 Tue Apr 2024 | 146.73 | 148.88 | 149.62 | 144.51 | 0.95 times |
| 08 Mon Apr 2024 | 147.85 | 147.92 | 148.88 | 146.14 | 0.716 times |
| 05 Fri Apr 2024 | 147.27 | 146.15 | 147.66 | 145.63 | 0.737 times |
| 04 Thu Apr 2024 | 146.71 | 148.60 | 149.78 | 146.07 | 0.887 times |
| 03 Wed Apr 2024 | 147.73 | 147.76 | 150.50 | 147.37 | 1.043 times |
| 02 Tue Apr 2024 | 147.90 | 149.01 | 149.34 | 145.98 | 1.059 times |
| 01 Mon Apr 2024 | 149.26 | 149.00 | 151.34 | 148.05 | 1.009 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 141.8, but if it comes above 141.8, then a intra day buy could be more profitable.
If you take a sell trade below 141.8, then use 141.8 as stoploss and 138.1 as target. However if you take a buy trade in stock , then use 141.8 as stoploss and 144.83 as target.
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 |
| Upside Target | 144.06 |
| Upside 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 | 137.21 |
| Downside Intraday Target | 133.8 |
| Upside Intraday Target | 146.83 |
| Upside Intraday Target | 153.04 |
| Upside Intraday Target | 143.42 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 140.63 | 147.92 | 149.62 | 140.00 | 1.19 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 |
| 12 Fri Apr 2024 | 140.63 | 149.00 | 151.34 | 140.00 | 0.384 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 145.89 and Steel Dynamics (STLD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 145.89 and Steel Dynamics (STLD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.