(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 2025-01-16 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1781005
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu Jan 2025 | 125.00 | 124.51 | 125.69 | 124.32 | 0.491 times |
| 15 Wed Jan 2025 | 125.14 | 126.00 | 126.96 | 123.96 | 0.764 times |
| 14 Tue Jan 2025 | 123.52 | 123.36 | 124.25 | 121.71 | 0.776 times |
| 13 Mon Jan 2025 | 123.27 | 116.23 | 123.81 | 115.37 | 1.518 times |
| 10 Fri Jan 2025 | 116.33 | 115.07 | 117.33 | 114.81 | 0.979 times |
| 08 Wed Jan 2025 | 116.48 | 119.25 | 119.99 | 115.43 | 0.858 times |
| 08 Wed Jan 2025 | 116.48 | 119.25 | 119.99 | 115.43 | 0.858 times |
| 07 Tue Jan 2025 | 119.81 | 119.10 | 121.34 | 118.73 | 1.101 times |
| 06 Mon Jan 2025 | 118.64 | 114.54 | 119.95 | 114.54 | 1.222 times |
| 03 Fri Jan 2025 | 113.15 | 113.31 | 113.82 | 110.91 | 1.252 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 125.9, for a target of 121.3 or 117.55
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 104.60 |
| Downside Target | 110.91 |
| Downside Target | 113.40 |
| Downside Target | 118.30 |
| Upside Target | 125.30 |
| Upside Target | 126.96 |
| Upside Target | 128.00 |
| Upside Target | 130.36 |
| Upside Target | 138.72 |
| Upside Target | 139.45 |
| Upside Target | 155.56 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 117.93 |
| Downside Intraday Target | 110.85 |
| Upside Intraday Target | 129.52 |
| Upside Intraday Target | 134.03 |
| Downside Intraday Target | 122.44 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu Jan 2025 | 125.00 | 116.23 | 126.96 | 115.37 | 1.932 times |
| 10 Fri Jan 2025 | 116.33 | 119.25 | 119.99 | 114.81 | 0.578 times |
| 08 Wed Jan 2025 | 116.48 | 114.54 | 121.34 | 114.54 | 1.095 times |
| 03 Fri Jan 2025 | 113.15 | 115.00 | 115.86 | 110.91 | 1.57 times |
| 27 Fri Dec 2024 | 115.77 | 115.50 | 118.30 | 114.38 | 0.283 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 |
| 16 Thu Jan 2025 | 125.00 | 114.97 | 126.96 | 110.91 | 0.782 times |
| 31 Tue Dec 2024 | 114.07 | 137.80 | 139.45 | 113.40 | 0.851 times |
| 26 Tue Nov 2024 | 143.63 | 130.68 | 155.56 | 130.36 | 1.075 times |
| 31 Thu Oct 2024 | 130.50 | 126.04 | 138.72 | 125.30 | 0.762 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 coming down
CCI has generated a SELL signal for Steel Dynamics in short term but SELL 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
Although the stock is in the SELL zone, but selling 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 119.39 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 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 coming down
CCI has generated a SELL signal for Steel Dynamics in short term but SELL 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
Although the stock is in the SELL zone, but selling 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 119.39 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.