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Steel Dynamics Inc.(STLD)

$132.710.08%

Market is closed - opens 7 PM, 08 May 2024

Insights

  • Steel Dynamics Inc. is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
  • Based on analysis of the Oscillators technical indicator, the current market trend for Steel Dynamics Inc. stock suggests that it is range bound and no decision can be made based on this information
  • Based on analysis of the Moving Averages technical indicator, Steel Dynamics Inc. stock is in a downtrend↘️
  • Based on analysis of the Pivot Points, the current market trend for Steel Dynamics Inc. stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name

Value

Action

Relative Strength Index
43.23
Neutral
Stochastic
31.07, 33.05
Neutral
Ultimate Oscillator
45.84
Neutral
Stochastic Relative Strength Index
72.49, 53.21
Neutral
Moving Average Convergence Divergence
-2.11, -1.58
Neutral

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
132.49
Sell
20
136.55
Sell
50
137.91
Buy

Exponential Moving Average

Period (Days)

Value

Action

10
133.51
Sell
20
135.55
Buy
50
135.09
Buy

Volume Weighted Moving Average

Period (Days)

Value

Action

10
132.96
Neutral
20
136.25
Neutral
50
137.15
Neutral

Double Exponential Moving Average

Period (Days)

Value

Action

10
131.43
Sell
20
132.96
Sell
50
139.54
Buy

Triple Exponential Moving Average

Period (Days)

Value

Action

10
131.93
Buy
20
130.06
Sell
50
137.51
Sell

Pivot

Pivot

Value

Resistance L3
140.94
Resistance L2
138.37
Resistance L1
136.92
Pivot Point
134.35
Support L1
132.91
Support L2
130.34
Support L3
128.89

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.