(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 2024-08-12 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1123271
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 115.97 | 118.83 | 119.67 | 115.75 | 1.178 times |
| 09 Fri Aug 2024 | 119.43 | 120.21 | 120.37 | 118.88 | 0.705 times |
| 08 Thu Aug 2024 | 120.21 | 119.92 | 121.38 | 119.66 | 0.627 times |
| 07 Wed Aug 2024 | 119.12 | 124.19 | 126.19 | 119.06 | 1.041 times |
| 06 Tue Aug 2024 | 122.38 | 121.62 | 124.19 | 121.37 | 0.84 times |
| 05 Mon Aug 2024 | 121.41 | 117.76 | 123.55 | 115.00 | 1.308 times |
| 02 Fri Aug 2024 | 121.28 | 123.03 | 123.79 | 119.88 | 1.195 times |
| 01 Thu Aug 2024 | 126.35 | 132.56 | 133.96 | 124.64 | 1.312 times |
| 31 Wed Jul 2024 | 133.22 | 129.96 | 135.32 | 129.68 | 1.242 times |
| 30 Tue Jul 2024 | 128.85 | 130.79 | 131.48 | 128.82 | 0.771 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 115.1, for a target of 120.9 or 125.75
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 115.00 |
| Upside Target | 118.36 |
| Upside Target | 122.93 |
| Upside Target | 126.19 |
| Upside Target | 131.82 |
| Upside Target | 133.96 |
| Upside Target | 134.56 |
| Upside Target | 135.32 |
| Upside Target | 137.27 |
| Upside Target | 137.79 |
| Upside Target | 151.34 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 114.59 |
| Downside Intraday Target | 113.21 |
| Upside Intraday Target | 118.51 |
| Upside Intraday Target | 121.05 |
| Upside Intraday Target | 117.13 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 115.97 | 118.83 | 119.67 | 115.75 | 0.261 times |
| 09 Fri Aug 2024 | 119.43 | 117.76 | 126.19 | 115.00 | 0.825 times |
| 02 Fri Aug 2024 | 121.28 | 130.88 | 135.32 | 119.88 | 0.99 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 |
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 Mon Aug 2024 | 115.97 | 132.56 | 133.96 | 115.00 | 0.316 times |
| 31 Wed Jul 2024 | 133.22 | 130.02 | 137.27 | 122.93 | 0.941 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 |
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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Steel Dynamics in short term and the sell signal is strong.
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 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 and selling is picking up 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 123.03 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Steel Dynamics in short term and the sell signal is strong.
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 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 and selling is picking up 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 123.03 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.