STEEL DYNAMICS INC (STLD)
US8581191009 - Common Stock
Overall STLD gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month STLD has a been trading in the 128.75 - 151.34 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that STLD is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by STLD over the past year are nicely spread over this period.
STLD is part of the Metals & Mining industry. There are 155 other stocks in this industry. STLD outperforms 72% of them.
STLD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so STLD is performing more or less in line with the market.
STLD has an average volume of 1130090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although STLD has an excellent technical rating, it does not offer a high quality setup 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
96.72
150.76
We found 5 important support areas.
- A support zone ranging from 129.91 to 129.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @127.16 from a trend line in the daily time frame.
- Support @123.87 from a trend line in the weekly time frame.
- A support zone ranging from 116.61 to 118.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @97.70 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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
CRS82.72
Mansfield0.45
10 Day High145.62
10 Day Low128.75
20 Day High151.34
20 Day Low128.75
52 Week High151.34
52 Week Low90.55
Performance
1 Week-6.49%
2 Weeks-10.18%
1 Month-10.29%
3 Month12%
6 Month24.79%
12 Month24.98%
2 Year51.51%
3 Year139.62%
5 Year310.1%
10 Year611.11%
15 Year943.53%
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)-2.01
RSI(14)28.66
LBB130.13
UBB150.64
STEEL DYNAMICS INC
NASDAQ:STLD (4/24/2024, 7:00:00 PM)
After market: 129.92 0 (0%)129.92
-4.24 (-3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.16%
1 Week-6.49%
2 Weeks-10.18%
1 Month-10.29%
3 Month12%
6 Month24.79%
12 Month24.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.57
ATR(20)%3.15%
ATR Inc
Range Today16.16
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 High145.62
10 Day Low128.75
20 Day High151.34
20 Day Low128.75
52 Week High151.34
52 Week Low90.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.56M
Volume Incr67.34%
Vol(5)1.56M
Vol(50)1.13M