Steel Dynamics (STLD) Technical (Analysis) Reports Steel Dynamics ["Technical Analysis"] Reports -NASDAQ Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Steel Dynamics (STLD)
Technical Analysis Report for NASDAQ stock STLD Steel Dynamics. Dated: 22 Nov 2024 Updated Daily. Stock trades under Basic Industries Deals in Steel Iron Ore in NASDAQ stock exchange
If you are looking for Tomorrow's Movement Predictions for NASDAQ stock STLD Steel Dynamics then click here. or read Experts views on Steel Dynamics or Forecast & share price targets of Steel Dynamics
Steel Dynamics Opened at 144.08 and Closed at: 143.57, which is -0.97% of previous session's close. It moved within a range of 142.52 and 146.34
The session was a Bearish session with an average volume of 1714100, which is 2.42% of previous session's volumes.
- Even though the stock has fallen, but its short term trend is positive and in an uptrend.
- Even though the stock has fallen, but its mid term trend is positive and in an uptrend.
- Even though the stock has fallen, but its long term trend is positive and in an uptrend.
Support for tomorrow is 141.14 and resistance for tomorrow is 144.96
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 141.95, 140.32 resistance for tomorrow's hourly charts is 145.77, 147.96
10 Day SMA for Steel Dynamics (STLD) is 142.48 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Steel Dynamics (STLD) is 140.63 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Steel Dynamics (STLD) is 132.23 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 126.59 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Steel Dynamics is 129.99 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Steel Dynamics is at 140.63 and 200 DMA is at 129.99, while 50 DMA and 100 DMA are at 132.23 and 126.59 respectively
Steel Dynamics (STLD) moving average of 20 SMA is at 140.63 and 20 EMA is at 140.2
| Date | Closing Price | 20 SMA | 20 EMA |
| 22 Fri Nov | 143.57 | 140.63 | 140.2 |
| 21 Thu Nov | 144.96 | 139.93 | 139.84 |
| 20 Wed Nov | 144.04 | 139.2 | 139.3 |
| 19 Tue Nov | 140.24 | 138.43 | 138.8 |
| 18 Mon Nov | 140.69 | 138.01 | 138.65 |
| 15 Fri Nov | 139.41 | 137.65 | 138.44 |
Steel Dynamics (STLD) moving average of 50 SMA is at 132.23 and 50 EMA is at 134.15
| Date | Closing Price | 50 SMA | 50 EMA |
| 22 Fri Nov | 143.57 | 132.23 | 134.15 |
| 21 Thu Nov | 144.96 | 131.62 | 133.77 |
| 20 Wed Nov | 144.04 | 130.93 | 133.31 |
| 19 Tue Nov | 140.24 | 130.21 | 132.87 |
| 18 Mon Nov | 140.69 | 129.58 | 132.57 |
| 15 Fri Nov | 139.41 | 128.98 | 132.24 |
Steel Dynamics (STLD) moving average of 100 SMA is at 126.59 and 100 EMA is at 130.16
| Date | Closing Price | 100 SMA | 100 EMA |
| 22 Fri Nov | 143.57 | 126.59 | 130.16 |
| 21 Thu Nov | 144.96 | 126.4 | 129.89 |
| 20 Wed Nov | 144.04 | 126.19 | 129.59 |
| 19 Tue Nov | 140.24 | 126.02 | 129.3 |
| 18 Mon Nov | 140.69 | 125.89 | 129.08 |
| 15 Fri Nov | 139.41 | 125.77 | 128.85 |
Steel Dynamics (STLD) moving average of 200 SMA is at 129.99 and 200 EMA is at 126.54
| Date | Closing Price | 200 SMA | 200 EMA |
| 22 Fri Nov | 143.57 | 129.99 | 126.54 |
| 21 Thu Nov | 144.96 | 129.88 | 126.37 |
| 20 Wed Nov | 144.04 | 129.78 | 126.18 |
| 19 Tue Nov | 140.24 | 129.66 | 126 |
| 18 Mon Nov | 140.69 | 129.55 | 125.86 |
| 15 Fri Nov | 139.41 | 129.46 | 125.71 |
Steel Dynamics has performed better than Universal Stainless in short term. Holding Steel Dynamics could be a better choice for now!
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Sterling Construction has performed better than Steel Dynamics in short term. You could have earned much better returns by investing in Sterling Construction, about 23.01% more returns!
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Steel Dynamics has performed better than Legacy Housing in short term. Holding Steel Dynamics could be a better choice for now!
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Steel Dynamics has performed better than Gevo Inc in short term. Holding Steel Dynamics could be a better choice for now!
Century Aluminum has performed better than Steel Dynamics in short term. You could have earned much better returns by investing in Century Aluminum, about 17.59% more returns!
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Steel Dynamics has performed better than American Woodmark in short term. Holding Steel Dynamics could be a better choice for now!
Steel Dynamics Technical analysis of indicators
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.
ADX buy sell signal for Steel Dynamics stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Steel Dynamics in short term but the sell signal is initial and weak.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Steel Dynamics in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 142.29 and Steel Dynamics STLD stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NASDAQ stock STLD Steel Dynamics These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And STLD Experts View which covers a lot of information including buying and selling signals
STLD future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Steel Dynamics or View Candle Stick Charts here
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