Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Steel Dynamics, Inc.

STLD Technical Analysis Summary (NASDAQ)

Analyze STLD on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

STLD●NASDAQ
Basic MaterialsSteel
$222.47
$11.19(4.79%)
U.S. Market is Open · 15:03

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

STLD Technical Analysis Summary (NASDAQ)

Steel Dynamics, Inc. (NASDAQ: STLD) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.51)
Trend Strength:Weak (ADX: 10.77)
Volatility:Medium (ATR: 7.63)
Support/Resistance:$227.71 – $247.34 (Bollinger Bands)

Technical conditions suggest Steel Dynamics, Inc. on the NASDAQ is awaiting a decisive move. Overall, Steel Dynamics, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 42.51

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 25.12

Bearish
Momentum remains weak below midpoint.

Williams %R: -82.75

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.06

Bearish
Selling pressure outweighs buying.

Takeaway:Steel Dynamics, Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.49

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 10.77

Weak
Weak trend, market trading sideways.

ATR (14): 7.63

High
High volatility, wide price fluctuations.

CCI (14): -137.41

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Steel Dynamics, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$247.34
Middle Band (SMA 20)
$237.53
Lower Band
$227.71
Current Position
Below Lower Band

Takeaway:Steel Dynamics, Inc. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$252.07
Middle Line (EMA 20)
$236.80
Lower Channel
$221.54
Squeeze Status
Squeeze On

Takeaway:Steel Dynamics, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume234.90K
Money Flow Index49.06Neutral, balanced money flows with no clear signal.
Relative Vigor Index45.14Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:STLD shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Steel Dynamics, Inc. (NASDAQ: STLD), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Steel Dynamics, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: STLD) Technical Analysis FAQ