(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.
10 day averaged volume of Steel Dynamics is 1311490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 133.03 | 129.16 | 133.20 | 127.05 | 1.104 times |
| 24 Wed Apr 2024 | 129.92 | 141.06 | 144.91 | 128.75 | 1.95 times |
| 23 Tue Apr 2024 | 134.16 | 133.53 | 135.78 | 130.77 | 1.619 times |
| 22 Mon Apr 2024 | 137.30 | 136.93 | 138.64 | 135.41 | 0.627 times |
| 19 Fri Apr 2024 | 136.90 | 136.48 | 137.98 | 135.65 | 0.75 times |
| 18 Thu Apr 2024 | 136.07 | 140.00 | 140.00 | 135.26 | 1.016 times |
| 17 Wed Apr 2024 | 138.93 | 142.18 | 142.18 | 138.70 | 0.76 times |
| 16 Tue Apr 2024 | 139.77 | 139.61 | 140.23 | 137.46 | 0.778 times |
| 15 Mon Apr 2024 | 140.97 | 142.29 | 143.04 | 140.75 | 0.744 times |
| 12 Fri Apr 2024 | 140.63 | 144.29 | 145.31 | 140.00 | 0.975 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 136.1, but if it comes above 136.1, then a intra day buy could be more profitable.
If you take a sell trade below 136.1, then use 136.1 as stoploss and 129.2 as target. However if you take a buy trade in stock , then use 136.1 as stoploss and 141.91 as target.
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 |
| Upside Target | 134.37 |
| Upside Target | 140.00 |
| Upside Target | 143.04 |
| Upside Target | 145.63 |
| Upside Target | 148.74 |
| Upside Target | 149.62 |
| Upside Target | 151.34 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 125.08 |
| Downside Intraday Target | 117.14 |
| Upside Intraday Target | 142.94 |
| Upside Intraday Target | 152.86 |
| Upside Intraday Target | 135 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 133.03 | 136.93 | 144.91 | 127.05 | 1.309 times |
| 19 Fri Apr 2024 | 136.90 | 142.29 | 143.04 | 135.26 | 1.088 times |
| 12 Fri Apr 2024 | 140.63 | 147.92 | 149.62 | 140.00 | 1.19 times |
| 05 Fri Apr 2024 | 147.27 | 149.00 | 151.34 | 145.63 | 1.026 times |
| 28 Thu Mar 2024 | 148.23 | 145.52 | 148.74 | 144.06 | 0.79 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 |
| 25 Thu Apr 2024 | 133.03 | 149.00 | 151.34 | 127.05 | 0.908 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 |
| 31 Wed Jan 2024 | 120.69 | 117.83 | 122.88 | 109.66 | 1.012 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 losing momentum.
MACD generated a SELL signal for Steel Dynamics in short term and the sell signal is strong.
Steel Dynamics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Steel Dynamics in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 135.69 and Steel Dynamics (STLD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 losing momentum.
MACD generated a SELL signal for Steel Dynamics in short term and the sell signal is strong.
Steel Dynamics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Steel Dynamics in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 135.69 and Steel Dynamics (STLD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.