(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 2024-08-28 View latest technical analysis
10 day averaged volume of Steel Dynamics is 969086
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 118.03 | 118.89 | 119.55 | 117.61 | 1.242 times |
| 27 Tue Aug 2024 | 121.41 | 122.19 | 122.61 | 120.55 | 0.767 times |
| 26 Mon Aug 2024 | 122.73 | 122.19 | 124.13 | 121.94 | 1.048 times |
| 23 Fri Aug 2024 | 120.88 | 119.24 | 120.99 | 118.62 | 0.726 times |
| 22 Thu Aug 2024 | 118.94 | 118.48 | 119.68 | 118.23 | 0.902 times |
| 21 Wed Aug 2024 | 119.05 | 117.54 | 119.31 | 117.05 | 1.222 times |
| 20 Tue Aug 2024 | 115.95 | 116.20 | 117.00 | 115.33 | 0.777 times |
| 19 Mon Aug 2024 | 117.00 | 117.08 | 118.33 | 116.66 | 0.307 times |
| 16 Fri Aug 2024 | 116.70 | 115.52 | 118.52 | 115.42 | 1.151 times |
| 15 Thu Aug 2024 | 118.05 | 117.17 | 120.00 | 116.83 | 1.655 times |
My analysis of stock is bearish for shortterm, and stock might move down till 116.6 or till 113.4. Use a stoploss of 119.36 and if the stock hits stoploss, then it can shoot up till 122.07
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 113.35 |
| 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 | 115.72 |
| Downside Intraday Target | 113.4 |
| Upside Intraday Target | 122.24 |
| Upside Intraday Target | 126.44 |
| Upside Intraday Target | 119.92 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 118.03 | 122.19 | 124.13 | 117.61 | 0.777 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 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 |
| 28 Wed Aug 2024 | 118.03 | 132.56 | 133.96 | 113.35 | 0.732 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 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 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 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 mid to longer 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
ADX buy sell signal for Steel Dynamics stock for short term is SELL. Signal strength is Weak and stock is gaining 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. 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 and SELL signal is strong!
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 118.87 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 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 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 mid to longer 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
ADX buy sell signal for Steel Dynamics stock for short term is SELL. Signal strength is Weak and stock is gaining 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. 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 and SELL signal is strong!
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 118.87 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.