Technical Analysis for STLD - Steel Dynamics, Inc.

Grade Last Price % Change Price Change
grade B 37.65 -0.61% -0.23
STLD closed down 0.61 percent on Friday, November 27, 2020, on 30 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical STLD trend table...

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Inside Day Range Contraction -0.61%
Overbought Stochastic Strength -0.61%
New 52 Week Closing High Bullish -2.49%
New Uptrend Bullish -2.49%
Pocket Pivot Bullish Swing Setup -2.49%
New 52 Week High Strength -2.49%
Stochastic Reached Overbought Strength -2.49%
Older End-of-Day Signals for STLD ...

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Alert Time
Down 1% 3 days ago
Down 1 ATR 5 days ago
Down 3% 5 days ago
Down 2 % 5 days ago
Down 1% 5 days ago
View Earlier Intraday Alerts

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Profile

Steel Dynamics, Inc., together with its subsidiaries, produces and sells steel products in the United States and internationally. The company operates in three segments: Steel Operations, Metals Recycling and Ferrous Resources Operations, and Steel Fabrication Operations. The Steel Operations segment provides a range of sheet steel products, including hot rolled, cold rolled, and coated steel products; structural steel beams, pilings, and rails; special bar quality and merchant bar quality rounds and round-cornered squares; billets and merchant steel products comprising angles, plain rounds, flats, and channels; and merchant beams and specialty structural steel sections. This segment offers its products for automotive, agriculture, energy, construction, commercial, transportation, and industrial machinery markets. The Metals Recycling and Ferrous Resources Operations segment purchases, processes, and resells ferrous products, such as heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast iron products; and processes nonferrous products consisting of aluminum, brass, copper, stainless steel, and other nonferrous metals for use in foundry, mill refining, and smelting applications. It also provides liquid pig iron and hot briquetted iron; and iron nugget products. The Steel Fabrication Operations segment produces steel building components comprising steel joists, trusses, girders, and decking products for the non-residential construction industry. The company was founded in 1993 and is headquartered in Fort Wayne, Indiana.
Energy Chemistry Transportation Physical Sciences Steel Building Materials Steel Products Waste Management Stainless Steel Metals Scrap Iron Metal Forming Structural Steel Non Ferrous Metal Iron Products Nonferrous Products Sheet Steel Products Steel Joists

Is STLD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 38.62
52 Week Low 14.98
Average Volume 1,905,702
200-Day Moving Average 27.63
50-Day Moving Average 32.50
20-Day Moving Average 34.51
10-Day Moving Average 36.52
Average True Range 1.30
ADX 29.0
+DI 34.71
-DI 11.87
Chandelier Exit (Long, 3 ATRs ) 34.71
Chandelier Exit (Short, 3 ATRs ) 34.17
Upper Bollinger Band 39.09
Lower Bollinger Band 29.93
Percent B (%b) 0.84
BandWidth 26.54
MACD Line 1.53
MACD Signal Line 1.22
MACD Histogram 0.3148
Fundamentals Value
Market Cap 7.92 Billion
Num Shares 210 Million
EPS 2.28
Price-to-Earnings (P/E) Ratio 16.55
Price-to-Sales 0.82
Price-to-Book 1.79
PEG Ratio 15.24
Dividend 1.00
Dividend Yield 2.66%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 38.82
Resistance 3 (R3) 38.82 38.43 38.63
Resistance 2 (R2) 38.43 38.13 38.43 38.56
Resistance 1 (R1) 38.04 37.95 37.85 38.04 38.49
Pivot Point 37.65 37.65 37.55 37.65 37.65
Support 1 (S1) 37.26 37.35 37.07 37.26 36.81
Support 2 (S2) 36.87 37.17 36.87 36.74
Support 3 (S3) 36.48 36.87 36.68
Support 4 (S4) 36.48