(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 2024-07-10 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1229910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 127.28 | 124.86 | 127.87 | 124.48 | 1.365 times |
| 09 Tue Jul 2024 | 124.25 | 122.98 | 125.25 | 122.93 | 0.763 times |
| 08 Mon Jul 2024 | 124.27 | 124.27 | 125.63 | 123.60 | 0.81 times |
| 05 Fri Jul 2024 | 124.42 | 126.71 | 126.97 | 123.78 | 1.16 times |
| 03 Wed Jul 2024 | 127.13 | 128.72 | 129.84 | 127.07 | 0.599 times |
| 03 Wed Jul 2024 | 127.13 | 128.72 | 129.84 | 127.07 | 0.599 times |
| 02 Tue Jul 2024 | 128.30 | 128.99 | 130.26 | 127.23 | 0.986 times |
| 01 Mon Jul 2024 | 129.15 | 130.02 | 130.60 | 127.40 | 1.039 times |
| 28 Fri Jun 2024 | 129.50 | 126.61 | 130.60 | 126.58 | 1.975 times |
| 27 Thu Jun 2024 | 125.05 | 124.78 | 126.34 | 124.35 | 0.847 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 128 as stoploss in an intra day sell trade for a target of 125.69. However, stock will show a bullish move above 128.
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 118.36 |
| Downside Target | 122.48 |
| Downside Target | 127.05 |
| Upside Target | 129.84 |
| Upside Target | 130.60 |
| Upside Target | 134.56 |
| Upside Target | 137.79 |
| Upside Target | 148.74 |
| Upside Target | 151.34 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 124.18 |
| Downside Intraday Target | 121.09 |
| Upside Intraday Target | 129.12 |
| Upside Intraday Target | 130.97 |
| Downside Intraday Target | 126.03 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 127.28 | 124.27 | 127.87 | 122.93 | 1.67 times |
| 05 Fri Jul 2024 | 124.42 | 128.72 | 129.84 | 123.78 | 0.67 times |
| 03 Wed Jul 2024 | 127.13 | 130.02 | 130.60 | 127.07 | 0.393 times |
| 28 Fri Jun 2024 | 129.50 | 127.40 | 130.60 | 122.48 | 1.142 times |
| 21 Fri Jun 2024 | 128.18 | 126.48 | 128.82 | 123.40 | 1.858 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Steel Dynamics (STLD)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 127.28 | 130.02 | 130.60 | 122.93 | 0.291 times |
| 28 Fri Jun 2024 | 129.50 | 134.00 | 134.56 | 118.36 | 1.332 times |
| 31 Fri May 2024 | 133.87 | 131.32 | 137.79 | 128.89 | 0.943 times |
| 30 Tue Apr 2024 | 130.12 | 149.00 | 151.34 | 127.05 | 1.053 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 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 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 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 mid to longer 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.
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 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 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 weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
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 127 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 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 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 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 mid to longer 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.
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 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 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 weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
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 127 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.