Technical Analysis for STLD - Steel Dynamics, Inc.
|Grade||Last Price||% Change||Price Change|
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.
|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%|
Get a Trading Sidekick!
Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicatorsBasic 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.
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more STLD news...
|52 Week High||52.1|
|52 Week Low||30.62|
|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|
|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|
|MACD Signal Line||-1.9718|
|Market Cap||7.77 Billion|
|Num Shares||240 Million|
|Price-to-Earnings (P/E) Ratio||14.85|
|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|
|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|