(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 2024-10-23 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1290910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 128.64 | 131.96 | 133.24 | 128.47 | 0.813 times |
| 22 Tue Oct 2024 | 131.80 | 132.74 | 132.74 | 128.13 | 1.02 times |
| 21 Mon Oct 2024 | 133.45 | 136.99 | 137.01 | 132.63 | 0.962 times |
| 18 Fri Oct 2024 | 136.57 | 136.77 | 137.86 | 135.46 | 1.179 times |
| 17 Thu Oct 2024 | 135.05 | 135.99 | 138.72 | 133.84 | 2.157 times |
| 16 Wed Oct 2024 | 129.86 | 128.63 | 130.02 | 128.03 | 0.844 times |
| 15 Tue Oct 2024 | 128.46 | 128.85 | 131.42 | 128.33 | 1.003 times |
| 14 Mon Oct 2024 | 130.18 | 128.33 | 130.27 | 127.69 | 0.499 times |
| 11 Fri Oct 2024 | 129.86 | 128.44 | 130.69 | 128.44 | 0.558 times |
| 10 Thu Oct 2024 | 128.46 | 128.65 | 129.75 | 128.04 | 0.736 times |
My analysis of stock is bearish for shortterm, and stock might move down till 126.6 or till 123.2. Use a stoploss of 129.48 and if the stock hits stoploss, then it can shoot up till 132.34
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 104.60 |
| Downside Target | 113.35 |
| Downside Target | 118.36 |
| Downside Target | 122.93 |
| Upside Target | 130.69 |
| Upside Target | 130.78 |
| Upside Target | 133.96 |
| Upside Target | 134.56 |
| Upside Target | 137.01 |
| Upside Target | 137.27 |
| Upside Target | 138.72 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 125.51 |
| Downside Intraday Target | 122.38 |
| Upside Intraday Target | 134.39 |
| Upside Intraday Target | 140.14 |
| Upside Intraday Target | 131.26 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 128.64 | 136.99 | 137.01 | 128.13 | 0.492 times |
| 18 Fri Oct 2024 | 136.57 | 128.33 | 138.72 | 127.69 | 1.474 times |
| 11 Fri Oct 2024 | 129.86 | 127.40 | 130.69 | 125.36 | 1.024 times |
| 04 Fri Oct 2024 | 128.22 | 125.83 | 130.78 | 124.55 | 0.775 times |
| 27 Fri Sep 2024 | 125.98 | 120.00 | 128.00 | 119.62 | 0.464 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 |
| 23 Wed Oct 2024 | 128.64 | 126.04 | 138.72 | 125.30 | 0.581 times |
| 30 Mon Sep 2024 | 126.08 | 118.05 | 128.00 | 104.60 | 1.388 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 |
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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Steel Dynamics ( (STLD) ) based on a mid to longer 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.
ADX buy sell signal for Steel Dynamics stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Steel Dynamics in short term but the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 132.04 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 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Steel Dynamics ( (STLD) ) based on a mid to longer 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.
ADX buy sell signal for Steel Dynamics stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Steel Dynamics in short term but the sell 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 132.04 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.