(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 2024-03-11 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1198260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 129.92 | 130.25 | 130.42 | 127.23 | 0.676 times |
| 08 Fri Mar 2024 | 131.48 | 132.89 | 135.24 | 131.22 | 0.729 times |
| 07 Thu Mar 2024 | 132.41 | 130.92 | 133.33 | 130.92 | 0.587 times |
| 06 Wed Mar 2024 | 129.96 | 131.06 | 132.29 | 129.69 | 0.749 times |
| 05 Tue Mar 2024 | 128.50 | 129.15 | 130.45 | 127.14 | 0.935 times |
| 04 Mon Mar 2024 | 130.24 | 133.47 | 134.86 | 128.53 | 1.126 times |
| 01 Fri Mar 2024 | 133.71 | 134.28 | 137.70 | 132.36 | 1.259 times |
| 29 Thu Feb 2024 | 133.82 | 133.13 | 134.37 | 132.06 | 1.782 times |
| 28 Wed Feb 2024 | 132.49 | 131.61 | 133.16 | 130.82 | 0.98 times |
| 27 Tue Feb 2024 | 132.97 | 130.86 | 133.65 | 130.77 | 1.02 times |
My analysis of stock is bullish for shortterm, and stock might move up till 132.4 or till 138.1. Use a stoploss of 127.62 and if this stock hits its stoploss, then it can fall down till 122.86
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 105.63 |
| Downside Target | 109.66 |
| Downside Target | 117.43 |
| Downside Target | 126.15 |
| Downside Target | 127.23 |
| Downside Target | 127.82 |
| Downside Target | 128.57 |
| Upside Target | 130.42 |
| Upside Target | 134.37 |
| Upside Target | 135.24 |
| Upside Target | 137.70 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 127.96 |
| Downside Intraday Target | 126 |
| Upside Intraday Target | 131.15 |
| Upside Intraday Target | 132.38 |
| Downside Intraday Target | 129.19 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 129.92 | 130.25 | 130.42 | 127.23 | 0.164 times |
| 08 Fri Mar 2024 | 131.48 | 133.47 | 135.24 | 127.14 | 0.702 times |
| 01 Fri Mar 2024 | 133.71 | 127.60 | 137.70 | 127.02 | 2.061 times |
| 23 Fri Feb 2024 | 127.01 | 121.74 | 127.82 | 120.66 | 0.64 times |
| 16 Fri Feb 2024 | 123.34 | 125.25 | 126.15 | 117.43 | 0.9 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 |
| 11 Mon Mar 2024 | 129.92 | 134.28 | 137.70 | 127.14 | 0.317 times |
| 29 Thu Feb 2024 | 133.82 | 121.93 | 134.37 | 117.43 | 0.777 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 |
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 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 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 BUY. Signal strength is Weak and stock is losing 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 above 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 131.85 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 above 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 131.85 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.