STEEL DYNAMICS INC (STLD)
US8581191009 - Common Stock
Overall STLD gets a technical rating of 9 out of 10. Both in the recent history as in the last year, STLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that STLD is one of the better performing stocks in the market, outperforming 79% of all stocks.
STLD is one of the better performing stocks in the Metals & Mining industry, it outperforms 72% of 157 stocks in the same industry.
STLD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so STLD is lagging the market slightly.
STLD has an average volume of 1419790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month STLD has a been trading in the 130.36 - 155.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, STLD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 142.48, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
111.73
150.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 140.63 to 142.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 136.93 to 137.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 128.50 to 129.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 112.86 to 113.52. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- Resistance @148.56 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.27
Mansfield-0.06
10 Day High151
10 Day Low136.72
20 Day High155.56
20 Day Low130.36
52 Week High155.56
52 Week Low104.6
Performance
1 Week2.98%
2 Weeks-3.35%
1 Month10.8%
3 Month18.77%
6 Month7.67%
12 Month28.76%
2 Year38.14%
3 Year140.08%
5 Year325.65%
10 Year536.96%
15 Year748.52%
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)-0.37
RSI(14)57.53
LBB134.17
UBB153.15
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 148.57 | 140.62 | 7.95 (5.35%) | 18.69% |
| An entry @148.57. This is a Buy Stop order right above the resistance zone. | An exit @140.62. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.95 points, which is 5.35%. | When investing 18.69% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STEEL DYNAMICS INC
NASDAQ:STLD (11/22/2024, 8:06:43 PM)
After market: 143.57 0 (0%)143.57
-1.39 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.96%
1 Week2.98%
2 Weeks-3.35%
1 Month10.8%
3 Month18.77%
6 Month7.67%
12 Month28.76%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.19
ATR(20)%3.28%
ATR Inc
Range Today3.82
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High151
10 Day Low136.72
20 Day High155.56
20 Day Low130.36
52 Week High155.56
52 Week Low104.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.71M
Volume Incr28.14%
Vol(5)1.65M
Vol(50)1.42M