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Steel Dynamics, Inc.

STLD Technical Analysis Summary (NASDAQ)

Analyze STLD on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

STLD●NASDAQ
Basic MaterialsSteel
$238.99
$2.87(1.22%)
U.S. Market opens in 4h 6m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

STLD Technical Analysis Summary (NASDAQ)

Steel Dynamics, Inc. (NASDAQ: STLD) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.97)
Trend Strength:Weak (ADX: 19.10)
Volatility:Medium (ATR: 9.72)
Support/Resistance:$223.86 – $258.75 (Bollinger Bands)

Technical conditions suggest Steel Dynamics, Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Steel Dynamics, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.97

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 34.10

Bearish
Momentum remains weak below midpoint.

Williams %R: -53.38

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.39

Neutral
Price change is minimal.

Takeaway:Steel Dynamics, Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.58

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.10

Weak
Weak trend, market trading sideways.

ATR (14): 9.72

Rising
Rising volatility, market activity increasing.

CCI (14): -21.23

Bearish
Bearish, momentum remains under pressure.

Takeaway:Steel Dynamics, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$258.75
Middle Band (SMA 20)
$241.30
Lower Band
$223.86
Current Position
Within Bands

Takeaway:Steel Dynamics, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$258.05
Middle Line (EMA 20)
$238.61
Lower Channel
$219.17
Squeeze Status
Squeeze On

Takeaway:Steel Dynamics, Inc. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-5.28M
Money Flow Index49.67Neutral, balanced money flows with no clear signal.
Relative Vigor Index76.66Bullish, price momentum strongly favors buyers.

Overall Takeaway:STLD shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Steel Dynamics, Inc. (NASDAQ: STLD), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Steel Dynamics, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: STLD) Technical Analysis FAQ