(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 2024-04-03 View latest technical analysis
10 day averaged volume of Steel Dynamics is 973860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 147.73 | 147.76 | 150.50 | 147.37 | 0.927 times |
| 02 Tue Apr 2024 | 147.90 | 149.01 | 149.34 | 145.98 | 0.942 times |
| 01 Mon Apr 2024 | 149.26 | 149.00 | 151.34 | 148.05 | 0.897 times |
| 28 Thu Mar 2024 | 148.23 | 147.39 | 148.74 | 146.63 | 0.982 times |
| 27 Wed Mar 2024 | 146.99 | 146.22 | 147.14 | 144.81 | 1.019 times |
| 26 Tue Mar 2024 | 144.83 | 144.60 | 145.82 | 144.17 | 1.092 times |
| 25 Mon Mar 2024 | 144.15 | 145.52 | 148.34 | 144.06 | 1.012 times |
| 22 Fri Mar 2024 | 144.01 | 143.15 | 145.48 | 143.15 | 0.788 times |
| 21 Thu Mar 2024 | 143.86 | 143.80 | 144.41 | 141.26 | 0.988 times |
| 20 Wed Mar 2024 | 142.72 | 141.18 | 143.41 | 140.30 | 1.018 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 146.7, but if it comes below 146.7, then a intra day sell could be more profitable.
If you take a sell trade below 146.7, then use 146.7 as stoploss and 139.98 as target. However if you take a buy trade in stock , then use 146.7 as stoploss and 154.9 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 | 127.14 |
| Downside Target | 134.37 |
| Downside Target | 144.06 |
| Downside Target | 145.48 |
| Downside Target | 145.98 |
| Upside Target | 148.74 |
| Upside Target | 151.34 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 145.36 |
| Downside Intraday Target | 142.99 |
| Upside Intraday Target | 150.72 |
| Upside Intraday Target | 153.71 |
| Upside Intraday Target | 148.35 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 147.73 | 149.00 | 151.34 | 145.98 | 0.674 times |
| 28 Thu Mar 2024 | 148.23 | 145.52 | 148.74 | 144.06 | 0.79 times |
| 22 Fri Mar 2024 | 144.01 | 138.46 | 145.48 | 137.73 | 0.641 times |
| 15 Fri Mar 2024 | 137.90 | 130.25 | 138.95 | 127.23 | 1.596 times |
| 08 Fri Mar 2024 | 131.48 | 133.47 | 135.24 | 127.14 | 0.702 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 |
| 03 Wed Apr 2024 | 147.73 | 149.00 | 151.34 | 145.98 | 0.115 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Steel Dynamics in short term and the buy signal is strong.
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 coming down
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 positive zone. This is a BUY 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 145.93 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Steel Dynamics in short term and the buy signal is strong.
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 coming down
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 positive zone. This is a BUY 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 145.93 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.