STEEL DYNAMICS INC (STLD) Stock Technical Analysis
NASDAQ:STLD - Nasdaq - US8581191009 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to STLD. STLD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, STLD is a bad performer in the overall market: 68% of all stocks are doing better.
STLD is part of the Metals & Mining industry. There are 157 other stocks in this industry, of which 76% are performing better than STLD.
In the last month STLD has a been trading in the 126.16 - 139.57 range, which is quite wide. It is currently trading near the lows of this range.
STLD has an average volume of 1474430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
STLD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STLD is lagging the market.
Although the technical rating is bad, STLD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
108.11
149.71
3 important support areas can be observed.
- Support @125.90 from a horizontal line in the daily time frame.
- A support zone ranging from 111.00 to 111.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 109.20 to 109.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 127.53 to 139.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @148.23 from a horizontal line in the weekly time frame.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for STLD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STLD is down. |
| ChartMill Relative Strength | 32.8 | NEUTRAL | STLD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STLD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STLD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of STLD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.84 | NEUTRAL | The RSI value for STLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests STLD has a negative trend. |
| Stochastics (14,3) | 25.08 | NEUTRAL | The Stochastics value for STLD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for STLD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.31 | NEGATIVE | The low ADX value for STLD suggests a weak or negative trend. |
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)
NASDAQ:STLD (7/30/2025, 3:09:04 PM)
127.3
-0.21 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.16%
1 Week-3.57%
2 Weeks-1.04%
1 Month-0.39%
3 Month-5.5%
6 Month-0.53%
12 Month5.14%
2 Year19.64%
3 Year63.73%
5 Year365.21%
10 Year536.62%
15 Year790.47%
Volatility
ATR(14)3.7
ATR(20)%2.84%
ATR Inc-24.35%
Range Today2.94
ADR(20)3.41
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.8
Mansfield-0.8
10 Day High135.8
10 Day Low126.16
20 Day High139.57
20 Day Low126.16
52 Week High155.56
52 Week Low103.17
CS1 End125.9
CR1 Start127.53
Volume & EV
DER(3)-1.91%
DER(5)-2.47%
Volume729.95K
Volume Incr-7.41%
Vol(5)1.22M
Vol(50)1.47M