(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 2024-05-20 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1026549
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 133.08 | 134.22 | 134.69 | 131.18 | 1.083 times |
| 17 Fri May 2024 | 133.93 | 135.40 | 135.40 | 133.58 | 0.81 times |
| 16 Thu May 2024 | 134.95 | 136.82 | 136.97 | 134.89 | 1 times |
| 15 Wed May 2024 | 136.93 | 135.57 | 137.79 | 135.57 | 1.103 times |
| 14 Tue May 2024 | 135.07 | 135.15 | 136.37 | 134.80 | 0.585 times |
| 13 Mon May 2024 | 134.85 | 135.52 | 135.97 | 134.48 | 0.952 times |
| 10 Fri May 2024 | 135.18 | 135.11 | 135.56 | 133.54 | 0.772 times |
| 09 Thu May 2024 | 134.84 | 131.36 | 135.20 | 131.10 | 0.861 times |
| 08 Wed May 2024 | 130.82 | 132.05 | 132.62 | 130.77 | 1.118 times |
| 07 Tue May 2024 | 132.71 | 132.60 | 133.48 | 131.76 | 1.027 times |
My analysis of stock is bearish for shortterm, and stock might move down till 131.3 or till 128.8. Use a stoploss of 133.36 and if the stock hits stoploss, then it can shoot up till 135.42
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 109.66 |
| Downside Target | 117.43 |
| Downside Target | 122.88 |
| Downside Target | 127.05 |
| Upside Target | 134.69 |
| Upside Target | 135.81 |
| Upside Target | 137.06 |
| Upside Target | 137.79 |
| Upside Target | 144.91 |
| Upside Target | 148.74 |
| Upside Target | 151.34 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 131.28 |
| Downside Intraday Target | 129.47 |
| Upside Intraday Target | 134.79 |
| Upside Intraday Target | 136.49 |
| Downside Intraday Target | 132.98 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 133.08 | 134.22 | 134.69 | 131.18 | 0.243 times |
| 17 Fri May 2024 | 133.93 | 135.52 | 137.79 | 133.58 | 0.802 times |
| 10 Fri May 2024 | 135.18 | 136.16 | 137.06 | 130.31 | 1.006 times |
| 03 Fri May 2024 | 135.47 | 134.10 | 135.81 | 128.89 | 0.708 times |
| 26 Fri Apr 2024 | 134.04 | 136.93 | 144.91 | 127.05 | 1.508 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 |
| 20 Mon May 2024 | 133.08 | 131.32 | 137.79 | 128.89 | 0.596 times |
| 30 Tue Apr 2024 | 130.12 | 149.00 | 151.34 | 127.05 | 1.053 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 |
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 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 short 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Steel Dynamics in short term but the buy 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 red color and prices are below the red 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 but selling is losing 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 134.14 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 negative.
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 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 short 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Steel Dynamics in short term but the buy 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 red color and prices are below the red 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 but selling is losing 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 134.14 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.