(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 2024-06-25 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1756260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Tue Jun 2024 | 123.59 | 127.25 | 127.25 | 123.29 | 0.856 times |
| 24 Mon Jun 2024 | 126.34 | 127.40 | 128.93 | 125.72 | 0.994 times |
| 21 Fri Jun 2024 | 128.18 | 125.76 | 128.82 | 124.30 | 2.458 times |
| 20 Thu Jun 2024 | 125.68 | 125.02 | 127.05 | 124.48 | 0.709 times |
| 18 Tue Jun 2024 | 125.00 | 126.48 | 128.37 | 123.40 | 0.932 times |
| 18 Tue Jun 2024 | 125.00 | 126.48 | 128.37 | 123.40 | 0.932 times |
| 17 Mon Jun 2024 | 126.55 | 120.40 | 126.79 | 120.34 | 1.274 times |
| 14 Fri Jun 2024 | 120.69 | 118.98 | 121.61 | 118.36 | 0.69 times |
| 13 Thu Jun 2024 | 121.42 | 120.79 | 121.87 | 119.06 | 0.561 times |
| 12 Wed Jun 2024 | 120.78 | 123.15 | 123.52 | 120.36 | 0.632 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 122.5 as stoploss in an intra day buy trade for a target of 126.42. However, stock will show a bearish move below 122.5.
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 117.43 |
| Downside Target | 123.29 |
| Upside Target | 128.82 |
| Upside Target | 128.89 |
| Upside Target | 128.93 |
| Upside Target | 134.37 |
| Upside Target | 134.56 |
| Upside Target | 137.79 |
| Upside Target | 148.74 |
| Upside Target | 151.34 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 121.61 |
| Downside Intraday Target | 119.63 |
| Upside Intraday Target | 127.25 |
| Upside Intraday Target | 130.91 |
| Upside Intraday Target | 125.27 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Tue Jun 2024 | 123.59 | 127.40 | 128.93 | 123.29 | 0.451 times |
| 21 Fri Jun 2024 | 128.18 | 126.48 | 128.82 | 123.40 | 1.858 times |
| 18 Tue Jun 2024 | 125.00 | 120.40 | 128.37 | 120.34 | 0.619 times |
| 14 Fri Jun 2024 | 120.69 | 125.01 | 125.20 | 118.36 | 1.158 times |
| 07 Fri Jun 2024 | 125.52 | 134.00 | 134.56 | 124.66 | 0.962 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 |
| 25 Tue Jun 2024 | 123.59 | 134.00 | 134.56 | 118.36 | 1.118 times |
| 31 Fri May 2024 | 133.87 | 131.32 | 137.79 | 128.89 | 0.943 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short to mid 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 mid to longer 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.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 125.27 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short to mid 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 mid to longer 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.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 125.27 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.