STEEL DYNAMICS INC (STLD)

US8581191009 - Common Stock

115.69  +0.4 (+0.35%)

After market: 115.69 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, STLD scores 0 out of 10 in our technical rating. STLD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, STLD is a bad performer in the overall market: 66% of all stocks are doing better.
STLD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so STLD is lagging the market.
In the last month STLD has a been trading in the 114.03 - 148.81 range, which is quite wide. It is currently trading near the lows of this range.
STLD has an average volume of 1458580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
STLD is an average performer in the Metals & Mining industry, it outperforms 59% of 155 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
STLD Weekly chart
STLD Daily chart
Setup Rating and Analysis

3

The technical rating of STLD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

109.89

149.71

2 important support areas can be observed.

  • A support zone ranging from 112.86 to 114.44. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @111.00 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 135.67 to 136.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @148.23 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.04
Mansfield-1.82
10 Day High139.45
10 Day Low114.03
20 Day High148.81
20 Day Low114.03
52 Week High155.56
52 Week Low104.6
Performance
1 Week-5.46%
2 Weeks-15.49%
1 Month-20.19%
3 Month-3.45%
6 Month-9.74%
12 Month-5.05%
2 Year18.41%
3 Year86.39%
5 Year239.87%
10 Year486.07%
15 Year552.88%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-2.7
RSI(14)23
LBB109.03
UBB148.77
STLD Daily chart

STEEL DYNAMICS INC

NASDAQ:STLD (12/20/2024, 8:00:00 PM)

After market: 115.69 0 (0%)

115.69

+0.4 (+0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.35%
1 Week-5.46%
2 Weeks-15.49%
1 Month-20.19%
3 Month-3.45%
6 Month-9.74%
12 Month-5.05%
2 Year18.41%
3 Year86.39%
5 Year239.87%
10 Year486.07%
15 Year552.88%
Volatility
ATR(14)3.68
ATR(20)%3.06%
ATR Inc4.08%
Range Today2.82
ADR(20)3.35
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.04
Mansfield-1.82
10 Day High139.45
10 Day Low114.03
20 Day High148.81
20 Day Low114.03
52 Week High155.56
52 Week Low104.6
CS1 End114.44
CR1 Start135.67
Volume & EV
DER(3)-3.21%
DER(5)-2.03%
Volume4.41M
Volume Incr70.74%
Vol(5)2.42M
Vol(50)1.46M