(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 2024-05-14 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1136350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 135.07 | 135.15 | 136.37 | 134.80 | 0.529 times |
| 13 Mon May 2024 | 134.85 | 135.52 | 135.97 | 134.48 | 0.86 times |
| 10 Fri May 2024 | 135.18 | 135.11 | 135.56 | 133.54 | 0.697 times |
| 09 Thu May 2024 | 134.84 | 131.36 | 135.20 | 131.10 | 0.778 times |
| 08 Wed May 2024 | 130.82 | 132.05 | 132.62 | 130.77 | 1.01 times |
| 07 Tue May 2024 | 132.71 | 132.60 | 133.48 | 131.76 | 0.928 times |
| 06 Mon May 2024 | 132.60 | 136.16 | 137.06 | 130.31 | 1.6 times |
| 03 Fri May 2024 | 135.47 | 131.79 | 135.81 | 131.79 | 1.074 times |
| 02 Thu May 2024 | 130.79 | 130.27 | 131.19 | 128.89 | 1.012 times |
| 01 Wed May 2024 | 129.65 | 131.32 | 132.78 | 128.90 | 0.828 times |
My analysis of stock is bullish for shortterm, and stock might move up till 136.4 or till 139.5. Use a stoploss of 133.88 and if this stock hits its stoploss, then it can fall down till 131.33
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 109.66 |
| Downside Target | 117.43 |
| Downside Target | 122.88 |
| Downside Target | 127.05 |
| Downside Target | 134.37 |
| Upside Target | 136.37 |
| Upside Target | 137.06 |
| Upside Target | 143.04 |
| Upside Target | 144.91 |
| Upside Target | 148.74 |
| Upside Target | 151.34 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 134.24 |
| Downside Intraday Target | 133.42 |
| Upside Intraday Target | 136.13 |
| Upside Intraday Target | 137.2 |
| Upside Intraday Target | 135.31 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 135.07 | 135.52 | 136.37 | 134.48 | 0.277 times |
| 10 Fri May 2024 | 135.18 | 136.16 | 137.06 | 130.31 | 1.006 times |
| 03 Fri May 2024 | 135.47 | 134.10 | 135.81 | 128.89 | 0.708 times |
| 26 Fri Apr 2024 | 134.04 | 136.93 | 144.91 | 127.05 | 1.508 times |
| 19 Fri Apr 2024 | 136.90 | 142.29 | 143.04 | 135.26 | 1.088 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 |
| 14 Tue May 2024 | 135.07 | 131.32 | 137.06 | 128.89 | 0.429 times |
| 30 Tue Apr 2024 | 130.12 | 149.00 | 151.34 | 127.05 | 1.053 times |
| 28 Thu Mar 2024 | 148.23 | 134.28 | 148.74 | 127.14 | 1.022 times |
| 29 Thu Feb 2024 | 133.82 | 121.93 | 134.37 | 117.43 | 0.777 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 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 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 BUY signal for Steel Dynamics in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Steel Dynamics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Steel Dynamics in short term and BUY 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
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 133.02 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 rising upwards.
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 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 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 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 BUY signal for Steel Dynamics in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Steel Dynamics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Steel Dynamics in short term and BUY 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
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 133.02 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 rising upwards.
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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.