Technical Analysis for STLD - Steel Dynamics, Inc.

Grade Last Price % Change Price Change
D 135.47 3.58% 4.68
STLD closed up 3.58 percent on Friday, May 3, 2024, on approximately normal volume.
Earnings due: May 9
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Calm After Storm Range Contraction 3.58%
Stochastic Reached Oversold Weakness 3.58%
Multiple of Ten Bullish Other 3.58%
Oversold Stochastic Weakness 3.58%
Calm After Storm Range Contraction 4.49%
Multiple of Ten Bearish Other 4.49%
Gapped Up Strength 4.49%
180 Bearish Setup Bearish Swing Setup 4.11%
Multiple of Ten Bullish Other 4.11%
Gapped Down Weakness 4.11%

   Recent Intraday Alerts

Alert Time
Up 1 ATR 1 day ago
60 Minute Opening Range Breakout 1 day ago
Up 3% 1 day ago
Up 2% 1 day ago
Rose Above 10 DMA 1 day 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: S&P 500 Steel Metals Building Materials Recycling Waste Management Stainless Steel Steel Products Construction Industry Ferrous Smelting Industrial Machinery Structural Steel Brass Metal Forming Steel Fabrication Non Ferrous Metal Nonferrous Metal Turning Iron Coated Steel Iron Products Machinery Markets Sheet Steel Products Steel Joists

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 151.34
52 Week Low 89.2332
Average Volume 1,152,436
200-Day Moving Average 116.65
50-Day Moving Average 137.59
20-Day Moving Average 137.31
10-Day Moving Average 132.96
Average True Range 4.30
RSI (14) 48.19
ADX 18.07
+DI 28.91
-DI 22.11
Chandelier Exit (Long, 3 ATRs) 136.88
Chandelier Exit (Short, 3 ATRs) 139.95
Upper Bollinger Bands 148.19
Lower Bollinger Band 126.44
Percent B (%b) 0.42
BandWidth 15.84
MACD Line -2.09
MACD Signal Line -1.38
MACD Histogram -0.7148
Fundamentals Value
Market Cap 21.92 Billion
Num Shares 162 Million
EPS 14.64
Price-to-Earnings (P/E) Ratio 9.25
Price-to-Sales 1.08
Price-to-Book 2.28
PEG Ratio 10.91
Dividend 1.70
Dividend Yield 1.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 141.49
Resistance 3 (R3) 140.94 138.37 140.49
Resistance 2 (R2) 138.37 136.84 138.65 140.15
Resistance 1 (R1) 136.92 135.89 137.65 137.48 139.82
Pivot Point 134.36 134.36 134.72 134.63 134.36
Support 1 (S1) 132.91 132.82 133.63 133.46 131.12
Support 2 (S2) 130.34 131.87 130.62 130.79
Support 3 (S3) 128.89 130.34 130.45
Support 4 (S4) 129.45