(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 2024-07-29 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1434351
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 130.52 | 130.88 | 131.36 | 129.06 | 0.751 times |
| 26 Fri Jul 2024 | 130.54 | 128.18 | 131.82 | 127.80 | 0.742 times |
| 25 Thu Jul 2024 | 127.60 | 125.01 | 128.67 | 123.76 | 1.111 times |
| 24 Wed Jul 2024 | 123.29 | 126.94 | 127.44 | 123.16 | 0.734 times |
| 23 Tue Jul 2024 | 126.62 | 126.61 | 127.49 | 125.35 | 0.949 times |
| 22 Mon Jul 2024 | 127.77 | 128.34 | 128.46 | 125.50 | 0.796 times |
| 19 Fri Jul 2024 | 128.44 | 129.17 | 129.76 | 126.91 | 0.855 times |
| 18 Thu Jul 2024 | 129.13 | 127.46 | 133.42 | 127.15 | 1.605 times |
| 17 Wed Jul 2024 | 130.07 | 132.80 | 133.24 | 129.92 | 1.043 times |
| 16 Tue Jul 2024 | 132.71 | 130.20 | 133.01 | 128.64 | 0.736 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 130.5, but if it comes below 130.5, then a intra day sell could be more profitable.
If you take a sell trade below 130.5, then use 130.5 as stoploss and 128.02 as target. However if you take a buy trade in stock , then use 130.5 as stoploss and 133.6 as target.
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 118.36 |
| Downside Target | 122.93 |
| Downside Target | 126.91 |
| Upside Target | 131.36 |
| Upside Target | 131.82 |
| Upside Target | 134.56 |
| Upside Target | 137.27 |
| 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 | 129.27 |
| Downside Intraday Target | 128.01 |
| Upside Intraday Target | 131.57 |
| Upside Intraday Target | 132.61 |
| Downside Intraday Target | 130.31 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 130.52 | 130.88 | 131.36 | 129.06 | 0.173 times |
| 26 Fri Jul 2024 | 130.54 | 128.34 | 131.82 | 123.16 | 0.764 times |
| 19 Fri Jul 2024 | 128.44 | 131.58 | 137.27 | 126.91 | 1.342 times |
| 12 Fri Jul 2024 | 129.22 | 124.27 | 130.75 | 122.93 | 2.799 times |
| 05 Fri Jul 2024 | 124.42 | 128.72 | 129.84 | 123.78 | 0.67 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 |
| 29 Mon Jul 2024 | 130.52 | 130.02 | 137.27 | 122.93 | 0.868 times |
| 28 Fri Jun 2024 | 129.50 | 134.00 | 134.56 | 118.36 | 1.332 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 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
Stock of Steel Dynamics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 128.67 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 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
Stock of Steel Dynamics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 128.67 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 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.