171.97 USD
-1.04 (-0.6%)
171.97 USD
0 (0%)
Taking everything into account, STLD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, STLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, STLD did better than 90% of all other stocks.
STLD is currently making a new 52 week high. This is a strong signal. 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 151.21 - 174.31 range, which is quite wide. It is currently trading near the high of this range.
STLD has an average volume of 1217430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
STLD is part of the Metals & Mining industry. There are 156 other stocks in this industry, STLD did better than 42% of them.
STLD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
109.89
174.75
6 important support areas can be observed.
- A support zone ranging from 154.70 to 156.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 151.61 to 151.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 134.94 to 137.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @128.52 from a horizontal line in the daily time frame.
- Support @123.07 from a horizontal line in the daily time frame.
- Support @111.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 171.98 to 173.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 90.35 | POSITIVE | STLD has a high relative strength, it outperformed 90.35% 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) | 65.95 | NEUTRAL | The RSI value for STLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests STLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.39 | OVERBOUGHT | The high Stochastics value suggests STLD may be overbought. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for STLD suggests some volalility. |
| Average Directional Index/ADX (14) | 41.57 | POSITIVE | The high ADX value value for STLD suggests a strong 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)
171.97
-1.04 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.6%
1 Week4.09%
2 Weeks2.47%
1 Month11.24%
3 Month31.63%
6 Month28.84%
12 Month40.53%
2 Year45.61%
3 Year76.02%
5 Year366.42%
10 Year862.34%
15 Year839.73%
Volatility
ATR(14)4.08
ATR(20)%2.57%
ATR Inc-24.68%
Range Today3.87
ADR(20)4.35
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.35
3 months CRS93.08
6 months CRS83.47
Mansfield1.64
10 Day High174.31
10 Day Low163.87
20 Day High174.31
20 Day Low151.21
52 Week High174.31
52 Week Low103.17
CS1 End156.6
CR1 Start171.98
Volume & EV
DER(3)-2.48%
DER(5)-1.84%
Volume1.29M
Volume Incr-8.85%
Vol(5)1.06M
Vol(50)1.22M
STEEL DYNAMICS INC / STLD FAQ
Can you provide the ChartMill technical rating for STEEL DYNAMICS INC?
ChartMill assigns a technical rating of 10 / 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 65.951. 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 156.6 and a resistance level at 171.98. Check the full technical report for our detailed analysis of STLD support and resistance levels.