(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 2024-08-27 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1016746
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 121.41 | 122.19 | 122.61 | 120.55 | 0.731 times |
| 26 Mon Aug 2024 | 122.73 | 122.19 | 124.13 | 121.94 | 0.999 times |
| 23 Fri Aug 2024 | 120.88 | 119.24 | 120.99 | 118.62 | 0.692 times |
| 22 Thu Aug 2024 | 118.94 | 118.48 | 119.68 | 118.23 | 0.859 times |
| 21 Wed Aug 2024 | 119.05 | 117.54 | 119.31 | 117.05 | 1.165 times |
| 20 Tue Aug 2024 | 115.95 | 116.20 | 117.00 | 115.33 | 0.74 times |
| 19 Mon Aug 2024 | 117.00 | 117.08 | 118.33 | 116.66 | 0.292 times |
| 16 Fri Aug 2024 | 116.70 | 115.52 | 118.52 | 115.42 | 1.097 times |
| 15 Thu Aug 2024 | 118.05 | 117.17 | 120.00 | 116.83 | 1.577 times |
| 14 Wed Aug 2024 | 115.05 | 116.31 | 117.09 | 113.35 | 1.379 times |
My analysis of stock is bullish for shortterm, and stock might move up till 124.2 or till 129. Use a stoploss of 120.12 and if this stock hits its stoploss, then it can fall down till 116.08
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 113.35 |
| Downside Target | 118.36 |
| Upside Target | 126.19 |
| Upside Target | 127.05 |
| Upside Target | 128.89 |
| 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 | 119.93 |
| Downside Intraday Target | 118.45 |
| Upside Intraday Target | 123.51 |
| Upside Intraday Target | 125.61 |
| Upside Intraday Target | 122.03 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 121.41 | 122.19 | 124.13 | 120.55 | 0.462 times |
| 23 Fri Aug 2024 | 120.88 | 117.08 | 120.99 | 115.33 | 0.572 times |
| 16 Fri Aug 2024 | 116.70 | 118.83 | 120.00 | 113.35 | 1.312 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 |
Price has moved up 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 |
| 27 Tue Aug 2024 | 121.41 | 132.56 | 133.96 | 113.35 | 0.691 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 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 short 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Steel Dynamics ( (STLD) ) based on a mid to longer 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.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 118.42 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 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 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 short 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Steel Dynamics ( (STLD) ) based on a mid to longer 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.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 118.42 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 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.