STEEL DYNAMICS INC (STLD)
US8581191009 - Common Stock
Taking everything into account, STLD scores 5 out of 10 in our technical rating. Although STLD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that STLD is one of the better performing stocks in the market, outperforming 72% of all stocks. We also observe that the gains produced by STLD over the past year are nicely spread over this period.
In the last month STLD has a been trading in the 122.93 - 137.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
STLD has an average volume of 1353710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
STLD is part of the Metals & Mining industry. There are 157 other stocks in this industry, STLD did better than 66% of them.
STLD is currently trading in the middle 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 slightly.
Although the technical rating is only medium, STLD does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 129.64, a Stop Loss order could be placed below this zone.
More info and screens
96.72
150.76
When analyzing the support we can see 5 important areas.
- A support zone ranging from 128.07 to 129.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 123.59 to 124.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 120.69 to 120.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @118.37 from a horizontal line in the daily time frame.
- Support @97.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @130.90 from a trend line in the daily time frame.
- Resistance @135.47 from a horizontal line in the daily time frame.
- A resistance zone ranging from 148.24 to 149.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.24
Mansfield-0.34
10 Day High137.27
10 Day Low123.16
20 Day High137.27
20 Day Low122.93
52 Week High151.34
52 Week Low95.53
Performance
1 Week1.64%
2 Weeks1.02%
1 Month4.39%
3 Month-2.61%
6 Month12.53%
12 Month25.75%
2 Year67.62%
3 Year102.55%
5 Year314.28%
10 Year515.46%
15 Year697.92%
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)0.05
RSI(14)55.23
LBB123.4
UBB133.54
STEEL DYNAMICS INC
NASDAQ:STLD (7/26/2024, 7:00:45 PM)
After market: 130.54 0 (0%)130.54
+2.94 (+2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.3%
1 Week1.64%
2 Weeks1.02%
1 Month4.39%
3 Month-2.61%
6 Month12.53%
12 Month25.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.92
ATR(20)%2.87%
ATR Inc
Range Today4.02
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 High137.27
10 Day Low123.16
20 Day High137.27
20 Day Low122.93
52 Week High151.34
52 Week Low95.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.06M
Volume Incr-20.83%
Vol(5)1.24M
Vol(50)1.35M