(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 2024-12-31 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1586369
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 114.07 | 113.62 | 115.07 | 113.40 | 0.542 times |
| 30 Mon Dec 2024 | 113.80 | 115.00 | 115.00 | 113.73 | 0.563 times |
| 27 Fri Dec 2024 | 115.77 | 116.34 | 118.30 | 115.28 | 0.493 times |
| 26 Thu Dec 2024 | 117.09 | 116.04 | 117.48 | 115.50 | 0.477 times |
| 24 Tue Dec 2024 | 117.06 | 115.12 | 117.48 | 115.08 | 0.323 times |
| 23 Mon Dec 2024 | 115.75 | 115.50 | 116.38 | 114.38 | 0.786 times |
| 20 Fri Dec 2024 | 115.69 | 114.46 | 116.85 | 114.03 | 2.779 times |
| 19 Thu Dec 2024 | 115.29 | 117.21 | 119.14 | 114.79 | 1.156 times |
| 18 Wed Dec 2024 | 116.76 | 118.58 | 120.81 | 116.67 | 1.22 times |
| 17 Tue Dec 2024 | 118.50 | 121.29 | 121.46 | 118.02 | 0.74 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 114.2, but if it comes above 114.2, then a intra day buy could be more profitable.
If you take a sell trade below 114.2, then use 114.2 as stoploss and 100.4 as target. However if you take a buy trade in stock , then use 114.2 as stoploss and 125.73 as target.
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 104.60 |
| Downside Target | 113.35 |
| Upside Target | 118.30 |
| Upside Target | 121.93 |
| Upside Target | 128.00 |
| Upside Target | 133.96 |
| Upside Target | 138.72 |
| Upside Target | 139.45 |
| Upside Target | 143.21 |
| Upside Target | 148.81 |
| Upside Target | 155.56 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 113.29 |
| Downside Intraday Target | 112.51 |
| Upside Intraday Target | 114.96 |
| Upside Intraday Target | 115.85 |
| Upside Intraday Target | 114.18 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 114.07 | 115.00 | 115.07 | 113.40 | 0.532 times |
| 27 Fri Dec 2024 | 115.77 | 115.50 | 118.30 | 114.38 | 0.283 times |
| 20 Fri Dec 2024 | 115.69 | 120.76 | 123.90 | 114.03 | 1.628 times |
| 13 Fri Dec 2024 | 122.37 | 137.80 | 139.45 | 121.93 | 7.399 times |
| 26 Tue Nov 2024 | 143.63 | 146.00 | 148.81 | 143.21 | 0.334 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 |
| 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 |
| 30 Mon Sep 2024 | 126.08 | 118.05 | 128.00 | 104.60 | 1.388 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 115.93 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 115.93 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.