Logo image of STLD

STEEL DYNAMICS INC (STLD) Stock Technical Analysis

USA - NASDAQ:STLD - US8581191009 - Common Stock

152.95 USD
+2.23 (+1.48%)
Last: 10/24/2025, 8:00:00 PM
152.95 USD
0 (0%)
After Hours: 10/24/2025, 8:00:00 PM
Technical Rating and Analysis

8

Overall STLD gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, STLD is only an average performer.

STLD is one of the lesser performing stocks in the Metals & Mining industry. 63% of 154 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
STLD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month STLD has a been trading in the 137.60 - 156.24 range, which is quite wide. It is currently trading near the high of this range.
STLD has an average volume of 1285020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that STLD is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
STEEL DYNAMICS INC / STLD Weekly stock chart
STEEL DYNAMICS INC / STLD Daily stock chart
Setup Rating and Analysis

8

STLD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 145.25, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

109.89

154.48

5 important support areas can be observed.

  • A support zone ranging from 143.57 to 145.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 135.07 to 138.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 129.95 to 131.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 123.07 to 123.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @111.00 from a horizontal line in the weekly time frame.

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for STLD is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for STLD is up.
ChartMill Relative Strength78.64POSITIVESTLD has a high relative strength, it outperformed 78.64% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of STLD is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of STLD is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of STLD is above the rising SMA(200).
Relative Strength Index/RSI (14)62.83NEUTRALThe RSI value for STLD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.43POSITIVEThe MACD value suggests STLD has a positive trend.
Stochastics (14,3)64.24NEUTRALThe Stochastics value for STLD is a neutral value.
Average True Range in percent/ATR (20)2.98MEDIUM VOLATILITYThe ATR as a percentage value for STLD suggests some volalility.
Average Directional Index/ADX (14)24.41NEUTRALThe ADX value for STLD suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
156.25143.5612.69 (8.12%)12.31%
An entry @156.25. This is a Buy Stop order right above the 10 day high.An exit @143.56. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 12.69 points, which is 8.12%.When investing 12.31% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STEEL DYNAMICS INC / STLD Daily stock chart

STEEL DYNAMICS INC

NASDAQ:STLD (10/24/2025, 8:00:00 PM)

After market: 152.95 0 (0%)

152.95

+2.23 (+1.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.48%
1 Week7.15%
2 Weeks8.3%
1 Month9.54%
3 Month16.91%
6 Month20.11%
12 Month18.04%
2 Year43.6%
3 Year62.63%
5 Year385.86%
10 Year728.1%
15 Year951.93%
Volatility
ATR(14)5.11
ATR(20)%2.98%
ATR Inc-29.22%
Range Today2.14
ADR(20)4.3
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.64
3 months CRS83.55
6 months CRS66.33
Mansfield0.46
10 Day High156.24
10 Day Low140.87
20 Day High156.24
20 Day Low137.6
52 Week High156.24
52 Week Low103.17
CS1 End145.25
CR1 StartN/A
Volume & EV
DER(3)1.8%
DER(5)0.88%
Volume1.52M
Volume Incr49.55%
Vol(5)1.71M
Vol(50)1.29M

STEEL DYNAMICS INC / STLD FAQ

Can you provide the ChartMill technical rating for STEEL DYNAMICS INC?

ChartMill assigns a technical rating of 8 / 10 to STLD.


Can you provide the trend direction for STEEL DYNAMICS INC?

The current trend direction for STEEL DYNAMICS INC (STLD) is Bullish.


Can you provide the RSI signal for STEEL DYNAMICS INC?

STEEL DYNAMICS INC (STLD) has an RSI value of 62.8333. This indicates that the stock is currently neutral.


What is the short term momentum for STEEL DYNAMICS INC (STLD) stock?

The short term momentum for STEEL DYNAMICS INC (STLD) is positive.


What are the support and resistance levels for STEEL DYNAMICS INC (STLD) stock?

STEEL DYNAMICS INC (STLD) has a support level at 145.25. Check the full technical report for our detailed analysis of STLD support and resistance levels.