Technical Analysis for STLD - Steel Dynamics, Inc.

Grade Last Price % Change Price Change
C 62.21 -1.54% -0.97
STLD closed down 1.54 percent on Wednesday, June 16, 2021, on 1.16 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical STLD trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
20 DMA Resistance Bearish -1.54%
Hammer Candlestick Bullish -1.54%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.54%
Bollinger Band Squeeze Range Contraction -1.54%
Fell Below 20 DMA Bearish -1.46%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.46%
Bollinger Band Squeeze Range Contraction -1.46%
Older End-of-Day Signals for STLD ...

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

Alert Time
2x Volume Pace about 10 hours ago
1.5x Volume Pace about 10 hours ago
Down 3% about 10 hours ago
Down 1 ATR about 10 hours ago
Down 2 % about 10 hours ago
View Earlier Intraday Alerts

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 Building Materials Recycling Waste Management Stainless Steel Steel Products Ferrous Metals 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 66.88
52 Week Low 24.0
Average Volume 2,381,235
200-Day Moving Average 42.76
50-Day Moving Average 58.93
20-Day Moving Average 63.18
10-Day Moving Average 64.22
Average True Range 2.16
ADX 20.11
+DI 19.31
-DI 25.44
Chandelier Exit (Long, 3 ATRs) 60.41
Chandelier Exit (Short, 3 ATRs) 65.94
Upper Bollinger Bands 66.28
Lower Bollinger Band 60.08
Percent B (%b) 0.34
BandWidth 9.81
MACD Line 1.21
MACD Signal Line 1.71
MACD Histogram -0.5008
Fundamentals Value
Market Cap 13.09 Billion
Num Shares 210 Million
EPS 2.28
Price-to-Earnings (P/E) Ratio 27.35
Price-to-Sales 0.82
Price-to-Book 1.79
PEG Ratio 15.24
Dividend 1.00
Dividend Yield 1.61%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 66.01
Resistance 3 (R3) 65.83 64.39 65.37
Resistance 2 (R2) 64.39 63.42 64.48 65.16
Resistance 1 (R1) 63.30 62.83 62.58 63.48 64.95
Pivot Point 61.86 61.86 61.50 61.95 61.86
Support 1 (S1) 60.77 60.89 60.05 60.95 59.47
Support 2 (S2) 59.33 60.30 59.42 59.26
Support 3 (S3) 58.24 59.33 59.05
Support 4 (S4) 58.42