(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 2024-11-04 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1085470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 133.58 | 133.50 | 135.05 | 132.65 | 0.987 times |
| 01 Fri Nov 2024 | 133.65 | 130.68 | 133.99 | 130.36 | 0.952 times |
| 31 Thu Oct 2024 | 130.50 | 132.53 | 133.79 | 130.42 | 0.928 times |
| 30 Wed Oct 2024 | 132.77 | 134.27 | 135.81 | 132.38 | 1.046 times |
| 29 Tue Oct 2024 | 135.16 | 135.70 | 136.03 | 133.78 | 0.804 times |
| 28 Mon Oct 2024 | 135.72 | 131.51 | 135.99 | 130.59 | 1.043 times |
| 25 Fri Oct 2024 | 129.58 | 130.92 | 131.64 | 128.82 | 0.844 times |
| 24 Thu Oct 2024 | 130.34 | 128.72 | 130.77 | 127.40 | 1.058 times |
| 23 Wed Oct 2024 | 128.64 | 131.96 | 133.24 | 128.47 | 0.967 times |
| 22 Tue Oct 2024 | 131.80 | 132.74 | 132.74 | 128.13 | 1.213 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 134.2 as stoploss in an intra day sell trade for a target of 131.54. However, stock will show a bullish move above 134.2.
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 104.60 |
| Downside Target | 113.35 |
| Downside Target | 122.93 |
| Upside Target | 133.96 |
| Upside Target | 135.05 |
| Upside Target | 136.03 |
| 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 | 132.47 |
| Downside Intraday Target | 131.36 |
| Upside Intraday Target | 134.87 |
| Upside Intraday Target | 136.16 |
| Upside Intraday Target | 133.76 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 133.58 | 133.50 | 135.05 | 132.65 | 0.207 times |
| 01 Fri Nov 2024 | 133.65 | 131.51 | 136.03 | 130.36 | 0.913 times |
| 25 Fri Oct 2024 | 129.58 | 136.99 | 137.01 | 127.40 | 0.773 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 |
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 |
| 04 Mon Nov 2024 | 133.58 | 130.68 | 135.05 | 130.36 | 0.081 times |
| 31 Thu Oct 2024 | 130.50 | 126.04 | 138.72 | 125.30 | 0.762 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 |
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 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 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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Steel Dynamics in short term and BUY signal is strong.
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 132.17 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 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 is giving positive 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 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 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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Steel Dynamics in short term and BUY signal is strong.
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 132.17 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 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 is giving positive 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.