(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 2024-04-10 View latest technical analysis
10 day averaged volume of Steel Dynamics is 855550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 144.65 | 145.04 | 146.03 | 143.51 | 1.325 times |
| 09 Tue Apr 2024 | 146.73 | 148.88 | 149.62 | 144.51 | 0.962 times |
| 08 Mon Apr 2024 | 147.85 | 147.92 | 148.88 | 146.14 | 0.724 times |
| 05 Fri Apr 2024 | 147.27 | 146.15 | 147.66 | 145.63 | 0.746 times |
| 04 Thu Apr 2024 | 146.71 | 148.60 | 149.78 | 146.07 | 0.898 times |
| 03 Wed Apr 2024 | 147.73 | 147.76 | 150.50 | 147.37 | 1.055 times |
| 02 Tue Apr 2024 | 147.90 | 149.01 | 149.34 | 145.98 | 1.072 times |
| 01 Mon Apr 2024 | 149.26 | 149.00 | 151.34 | 148.05 | 1.021 times |
| 28 Thu Mar 2024 | 148.23 | 147.39 | 148.74 | 146.63 | 1.118 times |
| 27 Wed Mar 2024 | 146.99 | 146.22 | 147.14 | 144.81 | 1.16 times |
My analysis of stock is bullish for shortterm, and stock might move up till 148.5 or till 154.1. Use a stoploss of 143.89 and if this stock hits its stoploss, then it can fall down till 139.25
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 | 137.73 |
| Downside Target | 143.51 |
| 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 | 142.23 |
| Downside Intraday Target | 139.82 |
| Upside Intraday Target | 148.34 |
| Upside Intraday Target | 152.04 |
| Upside Intraday Target | 145.93 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 144.65 | 147.92 | 149.62 | 143.51 | 0.628 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 |
| 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 |
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 |
| 10 Wed Apr 2024 | 144.65 | 149.00 | 151.34 | 143.51 | 0.285 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 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 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 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 losing momentum.
MACD generated a SELL signal for Steel Dynamics in short term but the sell signal is initial and weak.
Steel Dynamics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 and selling is picking up 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 147.26 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Steel Dynamics in short term but the sell signal is initial and weak.
Steel Dynamics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 and selling is picking up 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 147.26 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.