(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 2024-09-04 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1080438
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 113.12 | 113.97 | 115.35 | 112.31 | 1.057 times |
| 03 Tue Sep 2024 | 113.96 | 118.05 | 118.15 | 113.24 | 1.587 times |
| 30 Fri Aug 2024 | 119.51 | 119.13 | 120.21 | 117.88 | 1.087 times |
| 30 Fri Aug 2024 | 119.51 | 119.13 | 120.21 | 117.88 | 1.087 times |
| 29 Thu Aug 2024 | 118.80 | 118.47 | 120.57 | 117.28 | 0.942 times |
| 28 Wed Aug 2024 | 118.03 | 118.89 | 119.55 | 117.61 | 1.114 times |
| 27 Tue Aug 2024 | 121.41 | 122.19 | 122.61 | 120.55 | 0.688 times |
| 26 Mon Aug 2024 | 122.73 | 122.19 | 124.13 | 121.94 | 0.94 times |
| 23 Fri Aug 2024 | 120.88 | 119.24 | 120.99 | 118.62 | 0.651 times |
| 22 Thu Aug 2024 | 118.94 | 118.48 | 119.68 | 118.23 | 0.809 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 112.8, for a target of 115.7 or 118.08
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 112.31 |
| Upside Target | 120.21 |
| Upside Target | 120.99 |
| Upside Target | 122.93 |
| Upside Target | 124.13 |
| Upside Target | 128.89 |
| Upside Target | 133.96 |
| Upside Target | 134.56 |
| Upside Target | 137.27 |
| Upside Target | 137.79 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 110.9 |
| Downside Intraday Target | 108.69 |
| Upside Intraday Target | 116.74 |
| Upside Intraday Target | 120.37 |
| Upside Intraday Target | 114.53 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 113.12 | 118.05 | 118.15 | 112.31 | 2.433 times |
| 30 Fri Aug 2024 | 119.51 | 119.13 | 120.21 | 117.88 | 0.228 times |
| 30 Fri Aug 2024 | 119.51 | 122.19 | 124.13 | 117.28 | 1.352 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Steel Dynamics (STLD)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 113.12 | 118.05 | 118.15 | 112.31 | 0.116 times |
| 30 Fri Aug 2024 | 119.51 | 132.56 | 133.96 | 113.35 | 0.848 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 |
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 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 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 118.19 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 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 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 118.19 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.