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Steel Dynamics, Inc.

STLD•NASDAQ
Basic Materials
Steel
$229.34
$-5.34(-2.28%)
U.S. Market opens in 31h 34m

Steel Dynamics, Inc. (STLD) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Steel Dynamics, Inc. (NASDAQ:STLD).

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

Steel Dynamics, Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.84)
Trend Strength:Strong (ADX: 36.43)
Volatility:Medium (ATR: 6.58)
Support/Resistance:$215.56 – $243.46 (Bollinger Bands)

Technical signals confirm buyers remain in control of Steel Dynamics, Inc.’s price action.

Momentum Indicators

RSI (14): 58.84

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 56.43

Neutral
Mid-range signal with no clear trend.

Williams %R: -62.39

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 1.95

Bullish
Steady upward momentum.

Takeaway:Steel Dynamics, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 9.67

Bullish
Bullish, trend momentum is strengthening.

ADX: 36.43

Strong
Strong trend, momentum well established.

ATR (14): 6.58

High
High volatility, wide price fluctuations.

CCI (14): -49.44

Bearish
Bearish, momentum remains under pressure.

Takeaway:Steel Dynamics, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$243.46
Middle Band (SMA 20)
$229.51
Lower Band
$215.56
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$239.03
Middle Line (EMA 20)
$225.87
Lower Channel
$212.70
Squeeze Status
No Squeeze

Takeaway:Steel Dynamics, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume15.20M
Money Flow Index59.83Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.33Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:STLD shows bullish money flow, with volume and vigor supporting buyers.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

Overall Recommendation:Steel Dynamics, Inc. stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

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