(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 2024-09-24 View latest technical analysis
10 day averaged volume of Steel Dynamics is 2086840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 124.67 | 123.25 | 125.81 | 123.13 | 0.789 times |
| 23 Mon Sep 2024 | 120.96 | 120.00 | 121.58 | 119.62 | 0.669 times |
| 20 Fri Sep 2024 | 119.83 | 116.62 | 119.99 | 116.62 | 3.275 times |
| 19 Thu Sep 2024 | 120.09 | 118.78 | 120.16 | 117.23 | 0.802 times |
| 18 Wed Sep 2024 | 115.12 | 114.42 | 117.44 | 113.41 | 0.707 times |
| 17 Tue Sep 2024 | 114.49 | 111.83 | 116.21 | 110.90 | 0.998 times |
| 16 Mon Sep 2024 | 111.01 | 113.11 | 113.39 | 110.81 | 0.694 times |
| 13 Fri Sep 2024 | 112.84 | 111.63 | 114.14 | 111.30 | 0.494 times |
| 12 Thu Sep 2024 | 110.54 | 109.08 | 110.66 | 107.84 | 0.638 times |
| 11 Wed Sep 2024 | 108.10 | 108.54 | 108.83 | 104.60 | 0.862 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 125.2, for a target of 119.7 or 115.12
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 104.60 |
| Downside Target | 110.09 |
| Downside Target | 113.35 |
| Downside Target | 117.88 |
| Downside Target | 122.93 |
| Upside Target | 125.81 |
| Upside Target | 128.89 |
| Upside Target | 133.96 |
| Upside Target | 134.56 |
| Upside Target | 137.27 |
| Upside Target | 137.79 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 120.92 |
| Downside Intraday Target | 117.18 |
| Upside Intraday Target | 127.11 |
| Upside Intraday Target | 129.56 |
| Downside Intraday Target | 123.37 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 124.67 | 120.00 | 125.81 | 119.62 | 0.225 times |
| 20 Fri Sep 2024 | 119.83 | 113.11 | 120.16 | 110.81 | 1.725 times |
| 13 Fri Sep 2024 | 112.84 | 112.78 | 114.14 | 104.60 | 1.358 times |
| 06 Fri Sep 2024 | 111.00 | 118.05 | 118.15 | 110.09 | 4.913 times |
| 30 Fri Aug 2024 | 119.51 | 119.13 | 120.21 | 117.88 | 0.228 times |
Price has moved up 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 |
| 24 Tue Sep 2024 | 124.67 | 118.05 | 125.81 | 104.60 | 1.221 times |
| 30 Fri Aug 2024 | 119.51 | 132.56 | 133.96 | 113.35 | 0.848 times |
| 31 Wed Jul 2024 | 133.22 | 130.02 | 137.27 | 122.93 | 0.941 times |
| 28 Fri Jun 2024 | 129.50 | 134.00 | 134.56 | 118.36 | 1.332 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 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 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 Strong 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 tired and bears 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 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 116.86 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 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 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 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 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 Strong 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 tired and bears 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 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 116.86 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.