Steel Dynamics Inc. (STLD) Technical Analysis

$141.45▲7.5%

Insights

Steel Dynamics is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Steel Dynamics 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 stock is in a uptrend ↗️
Based on analysis of the Pivot Points, the current market trend for Steel Dynamics stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	52.32	Neutral
Stochastic	49.16, 54.87	Neutral
Ultimate Oscillator	49.42	Neutral
Stochastic Relative Strength Index	29.21, 41.4	Neutral
Moving Average Convergence Divergence	1.08, 1.05	Neutral

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	131.79	Buy
20	130.8	Buy
50	129.6	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	131.74	Buy
20	130.85	Buy
50	129.7	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	131.77	Buy
20	130.54	Buy
50	129.45	Buy

Double Exponential Moving Average

Period (Days)	Value	Action
10	132.45	Buy
20	132.28	Buy
50	131.11	Sell

Triple Exponential Moving Average

Period (Days)	Value	Action
10	132.05	Sell
20	133.08	Buy
50	130.67	Sell

Pivot

Pivot	Value
Resistance L3	136.29
Resistance L2	135.14
Resistance L1	132.89
Pivot Point	131.74
Support L1	129.49
Support L2	128.34
Support L3	126.09

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