STEEL DYNAMICS INC (STLD) Stock Technical Analysis
USA - NASDAQ:STLD - US8581191009 - Common Stock
We assign a technical rating of 9 out of 10 to STLD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STLD is showing a nice and steady performance.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 154.22, a Stop Loss order could be placed below this zone.
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109.89
When analyzing the support we can see 6 important areas.
- A support zone ranging from 150.47 to 155.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 134.76 to 135.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @132.62 from a trend line in the daily time frame.
- Support @128.52 from a horizontal line in the daily time frame.
- 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.
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 | UP | POSITIVE | The long term trend for STLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STLD is up. |
| ChartMill Relative Strength | 81.65 | POSITIVE | STLD has a high relative strength, it outperformed 81.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.07 | NEUTRAL | The RSI value for STLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests STLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.41 | NEUTRAL | The Stochastics value for STLD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for STLD suggests some volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for STLD suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 156.82 | 150.46 | 6.36 (4.06%) | 24.66% |
| An entry @156.82. This is a Buy Stop order right above the resistance zone. | An exit @150.46. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.36 points, which is 4.06%. | For a 1.00% total portfolio risk, you can invest 24.66% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of STLD. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:STLD (11/19/2025, 2:58:29 PM)
155.46
+0.85 (+0.55%)
STEEL DYNAMICS INC / STLD FAQ
Can you provide the ChartMill technical rating for STEEL DYNAMICS INC?
ChartMill assigns a technical rating of 9 / 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 56.0713. 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 154.22 and a resistance level at 155.04. Check the full technical report for our detailed analysis of STLD support and resistance levels.