Technical Analysis for STLD - Steel Dynamics, Inc.

Grade Last Price % Change Price Change
grade C 32.38 1.19% 0.38
STLD closed up 1.19 percent on Thursday, December 13, 2018, on 77 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 downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical STLD trend table...

Date Alert Name Type % Chg
Dec 13 1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Dec 13 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Dec 13 NR7 Range Contraction 0.00%
Dec 13 NR7-2 Range Contraction 0.00%
Dec 13 Wide Bands Range Expansion 0.00%
Dec 13 Oversold Stochastic Weakness 0.00%
Dec 12 NR7 Range Contraction 1.19%
Dec 12 Wide Bands Range Expansion 1.19%
Dec 12 Oversold Stochastic Weakness 1.19%
Dec 11 New 52 Week Closing Low Bearish 3.58%

Older signals for STLD ...

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Basic chart:

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.
Is STLD a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 52.1
52 Week Low 30.62
Average Volume 2,939,940
200-Day Moving Average 44.6748
50-Day Moving Average 39.0704
20-Day Moving Average 35.589
10-Day Moving Average 33.348
Average True Range 1.4018
ADX 49.22
+DI 12.0669
-DI 38.8154
Chandelier Exit (Long, 3 ATRs ) 36.7796
Chandelier Exit (Short, 3 ATRs ) 34.8254
Upper Bollinger Band 41.3239
Lower Bollinger Band 29.8541
Percent B (%b) 0.22
BandWidth 32.228498
MACD Line -2.2167
MACD Signal Line -1.9718
MACD Histogram -0.2448
Fundamentals Value
Market Cap 7.77 Billion
Num Shares 240 Million
EPS 2.18
Price-to-Earnings (P/E) Ratio 14.85
Price-to-Sales 1.06
Price-to-Book 3.03
PEG Ratio 0.72
Dividend 0.62
Dividend Yield 1.91%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.78
Resistance 3 (R3) 33.79 33.33 33.54
Resistance 2 (R2) 33.33 32.98 33.33 33.46
Resistance 1 (R1) 32.86 32.76 33.10 32.85 33.39
Pivot Point 32.40 32.40 32.52 32.40 32.40
Support 1 (S1) 31.93 32.05 32.17 31.92 31.37
Support 2 (S2) 31.47 31.83 31.47 31.30
Support 3 (S3) 31.00 31.47 31.22
Support 4 (S4) 30.99