STEEL DYNAMICS INC (STLD) Stock Technical Analysis
NASDAQ:STLD - Nasdaq - US8581191009 - Common Stock
Taking everything into account, STLD scores 4 out of 10 in our technical rating. In the past year, STLD was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month STLD has a been trading in the 110.91 - 128.50 range, which is quite wide. It is currently trading near the high of this range.
STLD has an average volume of 1550980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, STLD turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
STLD is part of the Metals & Mining industry. There are 154 other stocks in this industry, STLD did better than 56% of them.
STLD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STLD is lagging the market.
STLD has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
109.89
149.71
We found 2 important support areas.
- A support zone ranging from 112.86 to 113.78. 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 3 important resistance areas.
- A resistance zone ranging from 125.08 to 125.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @136.93 from a horizontal line in the daily time frame.
- Resistance @148.23 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
CRS48.57
Mansfield-1.22
10 Day High128.5
10 Day Low114.54
20 Day High128.5
20 Day Low110.91
52 Week High155.56
52 Week Low104.6
Performance
1 Week1.15%
2 Weeks10.2%
1 Month6.79%
3 Month-3.77%
6 Month-4.48%
12 Month7.49%
2 Year3.36%
3 Year124.59%
5 Year317.3%
10 Year631.75%
15 Year721.41%
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)1.85
RSI(14)53.46
LBB109.56
UBB129.25
STEEL DYNAMICS INC
NASDAQ:STLD (1/22/2025, 10:30:09 AM)
122.89
-1.8 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.44%
1 Week1.15%
2 Weeks10.2%
1 Month6.79%
3 Month-3.77%
6 Month-4.48%
12 Month7.49%
2 Year3.36%
3 Year124.59%
5 Year317.3%
10 Year631.75%
15 Year721.41%
Volatility
ATR(14)3.57
ATR(20)%2.67%
ATR Inc-0.1%
Range Today2.71
ADR(20)3.16
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.57
Mansfield-1.22
10 Day High128.5
10 Day Low114.54
20 Day High128.5
20 Day Low110.91
52 Week High155.56
52 Week Low104.6
CS1 End113.78
CR1 Start125.08
Volume & EV
DER(3)2.08%
DER(5)0.5%
Volume259.80K
Volume Incr-19.1%
Vol(5)1.38M
Vol(50)1.55M