(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 2024-02-13 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1286140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Feb 2024 | 118.37 | 121.61 | 122.15 | 117.43 | 0.969 times |
| 12 Mon Feb 2024 | 123.81 | 125.25 | 126.15 | 123.60 | 0.757 times |
| 09 Fri Feb 2024 | 124.99 | 125.00 | 125.66 | 124.21 | 0.897 times |
| 08 Thu Feb 2024 | 124.84 | 124.65 | 125.75 | 123.54 | 0.658 times |
| 07 Wed Feb 2024 | 124.56 | 120.22 | 125.48 | 120.15 | 1.14 times |
| 06 Tue Feb 2024 | 120.17 | 121.67 | 122.32 | 120.03 | 0.923 times |
| 05 Mon Feb 2024 | 121.49 | 118.81 | 121.84 | 118.11 | 0.993 times |
| 02 Fri Feb 2024 | 120.16 | 119.38 | 121.28 | 118.95 | 0.941 times |
| 01 Thu Feb 2024 | 119.79 | 121.93 | 122.85 | 118.57 | 1.143 times |
| 31 Wed Jan 2024 | 120.69 | 122.67 | 122.88 | 120.41 | 1.288 times |
My analysis of stock is bearish for shortterm, and stock might move down till 114.8 or till 110. Use a stoploss of 118.8 and if the stock hits stoploss, then it can shoot up till 122.8
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 98.25 |
| Downside Target | 105.63 |
| Downside Target | 109.66 |
| Downside Target | 117.43 |
| Upside Target | 118.56 |
| Upside Target | 119.55 |
| Upside Target | 122.88 |
| Upside Target | 125.75 |
| Upside Target | 126.15 |
| Upside Target | 128.57 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 115.15 |
| Downside Intraday Target | 111.93 |
| Upside Intraday Target | 123.87 |
| Upside Intraday Target | 129.37 |
| Upside Intraday Target | 120.65 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Feb 2024 | 118.37 | 125.25 | 126.15 | 117.43 | 0.374 times |
| 09 Fri Feb 2024 | 124.99 | 118.81 | 125.75 | 118.11 | 0.771 times |
| 02 Fri Feb 2024 | 120.16 | 115.57 | 122.88 | 112.84 | 0.876 times |
| 26 Fri Jan 2024 | 116.00 | 112.20 | 118.56 | 110.00 | 2.007 times |
| 19 Fri Jan 2024 | 112.86 | 112.93 | 113.89 | 109.66 | 5.59 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 |
| 13 Tue Feb 2024 | 118.37 | 121.93 | 126.15 | 117.43 | 0.368 times |
| 31 Wed Jan 2024 | 120.69 | 117.83 | 122.88 | 109.66 | 1.012 times |
| 29 Fri Dec 2023 | 118.10 | 120.00 | 128.57 | 111.63 | 1.209 times |
| 30 Thu Nov 2023 | 119.13 | 107.05 | 119.55 | 105.63 | 0.807 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Steel Dynamics in short term and the buy signal is strong.
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 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 SELL signal in short term and selling is picking up 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 121.71 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Steel Dynamics ( (STLD) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Steel Dynamics in short term and the buy signal is strong.
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 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 SELL signal in short term and selling is picking up 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 121.71 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.