Technical Analysis for STLD - Steel Dynamics, Inc.

Grade Last Price % Change Price Change
B 75.91 0.21% 0.16
STLD closed up 0.21 percent on Friday, May 20, 2022, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Flat

Date Alert Name Type % Chg
Strong but Oversold Other 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Strong but Oversold Other 0.21%
Oversold Stochastic Weakness 0.21%
180 Bearish Setup Bearish Swing Setup 0.03%
Strong but Oversold Other 0.03%
Gapped Down Weakness 0.03%
Oversold Stochastic Weakness 0.03%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 2 % 2 days ago
Outside Day 2 days ago
Fell Below Previous Day's Low 2 days ago
Down 1% 2 days ago
Gap Up Closed 2 days ago

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Profile

Steel Dynamics, Inc. Description

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.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Steel Metals Building Materials IBD 50 Recycling Waste Management Stainless Steel Steel Products Ferrous Smelting Construction Industry Industrial Machinery Structural Steel Brass Turning Iron Metal Forming Nonferrous Metal Steel Fabrication Non Ferrous Metal Coated Steel Ferrous Products Iron Products Machinery Markets Nonferrous Products Sheet Steel Products Steel Joists Steel Operations

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 100.37
52 Week Low 50.54
Average Volume 2,316,354
200-Day Moving Average 68.35
50-Day Moving Average 83.00
20-Day Moving Average 81.03
10-Day Moving Average 75.96
Average True Range 3.90
RSI 40.12
ADX 16.95
+DI 17.62
-DI 21.59
Chandelier Exit (Long, 3 ATRs) 88.66
Chandelier Exit (Short, 3 ATRs) 85.03
Upper Bollinger Bands 92.33
Lower Bollinger Band 69.72
Percent B (%b) 0.27
BandWidth 27.90
MACD Line -2.47
MACD Signal Line -1.81
MACD Histogram -0.6632
Fundamentals Value
Market Cap 15.97 Billion
Num Shares 210 Million
EPS 2.28
Price-to-Earnings (P/E) Ratio 33.37
Price-to-Sales 0.82
Price-to-Book 1.79
PEG Ratio 15.24
Dividend 1.00
Dividend Yield 1.32%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 81.51
Resistance 3 (R3) 81.55 79.73 80.57
Resistance 2 (R2) 79.73 78.31 79.71 80.26
Resistance 1 (R1) 77.82 77.42 76.91 77.78 79.95
Pivot Point 76.00 76.00 75.55 75.98 76.00
Support 1 (S1) 74.09 74.58 73.18 74.05 71.87
Support 2 (S2) 72.27 73.69 72.25 71.56
Support 3 (S3) 70.36 72.27 71.25
Support 4 (S4) 70.32