(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.
10 day averaged volume of Steel Dynamics is 1694510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Jan 2025 | 122.35 | 126.70 | 126.70 | 122.16 | 0.964 times |
| 23 Thu Jan 2025 | 122.37 | 121.00 | 125.07 | 117.68 | 1.391 times |
| 22 Wed Jan 2025 | 122.89 | 125.36 | 125.90 | 122.59 | 1.106 times |
| 21 Tue Jan 2025 | 124.69 | 127.88 | 128.50 | 124.35 | 1.137 times |
| 17 Fri Jan 2025 | 125.83 | 125.97 | 127.71 | 125.56 | 0.802 times |
| 17 Fri Jan 2025 | 125.83 | 125.97 | 127.71 | 125.56 | 0.802 times |
| 16 Thu Jan 2025 | 125.00 | 124.51 | 125.69 | 124.32 | 0.517 times |
| 15 Wed Jan 2025 | 125.14 | 126.00 | 126.96 | 123.96 | 0.803 times |
| 14 Tue Jan 2025 | 123.52 | 123.36 | 124.25 | 121.71 | 0.816 times |
| 13 Mon Jan 2025 | 123.27 | 116.23 | 123.81 | 115.37 | 1.596 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 124.5 as stoploss in an intra day sell trade for a target of 119.87. However, stock will show a bullish move above 124.5.
Share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Target | 104.60 |
| Downside Target | 110.91 |
| Downside Target | 113.40 |
| Downside Target | 117.68 |
| Upside Target | 125.30 |
| Upside Target | 128.00 |
| Upside Target | 128.50 |
| Upside Target | 130.36 |
| Upside Target | 138.72 |
| Upside Target | 139.45 |
| Upside Target | 155.56 |
Intraday share price targets for Steel Dynamics (STLD)
| Target Type | Value |
| Downside Intraday Target | 117.19 |
| Downside Intraday Target | 112.02 |
| Upside Intraday Target | 128.01 |
| Upside Intraday Target | 133.66 |
| Upside Intraday Target | 122.84 |
Weekly technical analysis of Steel Dynamics (STLD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri Jan 2025 | 122.35 | 127.88 | 128.50 | 117.68 | 5.73 times |
| 17 Fri Jan 2025 | 125.83 | 125.97 | 127.71 | 125.56 | 0.177 times |
| 17 Fri Jan 2025 | 125.83 | 116.23 | 127.71 | 115.37 | 2.347 times |
| 10 Fri Jan 2025 | 116.33 | 119.25 | 119.99 | 114.81 | 0.578 times |
| 08 Wed Jan 2025 | 116.48 | 114.54 | 121.34 | 114.54 | 1.095 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Steel Dynamics (STLD)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Fri Jan 2025 | 122.35 | 114.97 | 128.50 | 110.91 | 1.222 times |
| 31 Tue Dec 2024 | 114.07 | 137.80 | 139.45 | 113.40 | 0.851 times |
| 26 Tue Nov 2024 | 143.63 | 130.68 | 155.56 | 130.36 | 1.075 times |
| 31 Thu Oct 2024 | 130.50 | 126.04 | 138.72 | 125.30 | 0.762 times |
Scroll below to view daily charts
Price has moved up 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 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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Steel Dynamics in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Steel Dynamics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 123.85 and Steel Dynamics (STLD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
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 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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Steel Dynamics in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Steel Dynamics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 123.85 and Steel Dynamics (STLD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.