(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 2024-08-01 View latest technical analysis
10 day averaged volume of Steel Dynamics is 1308051
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 126.35 | 132.56 | 133.96 | 124.64 | 1.127 times |
| 31 Wed Jul 2024 | 133.22 | 129.96 | 135.32 | 129.68 | 1.066 times |
| 30 Tue Jul 2024 | 128.85 | 130.79 | 131.48 | 128.82 | 0.662 times |
| 29 Mon Jul 2024 | 130.52 | 130.88 | 131.36 | 129.06 | 0.823 times |
| 26 Fri Jul 2024 | 130.54 | 128.18 | 131.82 | 127.80 | 0.814 times |
| 25 Thu Jul 2024 | 127.60 | 125.01 | 128.67 | 123.76 | 1.219 times |
| 24 Wed Jul 2024 | 123.29 | 126.94 | 127.44 | 123.16 | 0.805 times |
| 23 Tue Jul 2024 | 126.62 | 126.61 | 127.49 | 125.35 | 1.041 times |
| 22 Mon Jul 2024 | 127.77 | 128.34 | 128.46 | 125.50 | 0.873 times |
| 19 Fri Jul 2024 | 128.44 | 129.17 | 129.76 | 126.91 | 0.937 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 125.5 as stoploss in an intra day buy trade for a target of 128.31. However, stock will show a bearish move below 125.5.
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 118.36 |
| Downside Target | 122.93 |
| Upside Target | 130.75 |
| Upside Target | 131.82 |
| Upside Target | 133.96 |
| Upside Target | 134.56 |
| Upside Target | 135.32 |
| Upside Target | 137.27 |
| Upside Target | 137.79 |
| Upside Target | 151.34 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 122.22 |
| Downside Intraday Target | 118.09 |
| Upside Intraday Target | 132.9 |
| Upside Intraday Target | 139.45 |
| Upside Intraday Target | 128.77 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 126.35 | 130.88 | 135.32 | 124.64 | 0.774 times |
| 26 Fri Jul 2024 | 130.54 | 128.34 | 131.82 | 123.16 | 0.764 times |
| 19 Fri Jul 2024 | 128.44 | 131.58 | 137.27 | 126.91 | 1.342 times |
| 12 Fri Jul 2024 | 129.22 | 124.27 | 130.75 | 122.93 | 2.799 times |
| 05 Fri Jul 2024 | 124.42 | 128.72 | 129.84 | 123.78 | 0.67 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 |
| 01 Thu Aug 2024 | 126.35 | 132.56 | 133.96 | 124.64 | 0.051 times |
| 31 Wed Jul 2024 | 133.22 | 130.02 | 137.27 | 122.93 | 0.941 times |
| 28 Fri Jun 2024 | 129.50 | 134.00 | 134.56 | 118.36 | 1.332 times |
| 31 Fri May 2024 | 133.87 | 131.32 | 137.79 | 128.89 | 0.943 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Steel Dynamics in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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 BUY signal in short term but buying is losing 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 128.31 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Steel Dynamics in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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 BUY signal in short term but buying is losing 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 128.31 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.