(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 2024-10-04 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1716890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 128.22 | 130.17 | 130.78 | 127.66 | 0.466 times |
| 03 Thu Oct 2024 | 127.54 | 126.53 | 127.94 | 125.30 | 0.523 times |
| 02 Wed Oct 2024 | 127.60 | 129.57 | 130.67 | 127.22 | 0.676 times |
| 01 Tue Oct 2024 | 129.23 | 126.04 | 129.50 | 126.04 | 0.653 times |
| 30 Mon Sep 2024 | 126.08 | 125.83 | 126.72 | 124.55 | 0.514 times |
| 27 Fri Sep 2024 | 125.98 | 126.14 | 128.00 | 125.76 | 0.558 times |
| 26 Thu Sep 2024 | 125.24 | 126.31 | 127.08 | 124.78 | 0.73 times |
| 25 Wed Sep 2024 | 123.34 | 124.60 | 124.73 | 122.94 | 0.596 times |
| 24 Tue Sep 2024 | 124.67 | 123.25 | 125.81 | 123.13 | 0.959 times |
| 23 Mon Sep 2024 | 120.96 | 120.00 | 121.58 | 119.62 | 0.813 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 126.7, but if it comes below 126.7, then a intra day sell could be more profitable.
If you take a sell trade below 126.7, then use 126.7 as stoploss and 119.52 as target. However if you take a buy trade in stock , then use 126.7 as stoploss and 135.3 as target.
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 104.60 |
| Downside Target | 110.09 |
| Downside Target | 113.35 |
| Downside Target | 118.15 |
| Downside Target | 122.93 |
| Downside Target | 128.00 |
| Upside Target | 130.78 |
| Upside Target | 133.96 |
| Upside Target | 134.56 |
| Upside Target | 137.27 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 124.92 |
| Downside Intraday Target | 121.62 |
| Upside Intraday Target | 131.15 |
| Upside Intraday Target | 134.08 |
| Downside Intraday Target | 127.85 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 128.22 | 125.83 | 130.78 | 124.55 | 0.775 times |
| 27 Fri Sep 2024 | 125.98 | 120.00 | 128.00 | 119.62 | 0.464 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 |
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 |
| 04 Fri Oct 2024 | 128.22 | 126.04 | 130.78 | 125.30 | 0.116 times |
| 30 Mon Sep 2024 | 126.08 | 118.05 | 128.00 | 104.60 | 1.388 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 |
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 neutral. A longer time frame might give a better analysis.
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 and the buy signal is strong.
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 green color and prices are above the green 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 but buying is losing 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 125.62 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 neutral. A longer time frame might give a better analysis.
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 and the buy signal is strong.
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 green color and prices are above the green 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 but buying is losing 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 125.62 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.