US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 dayBearish58%
Daily Downside probability 58%Bearish

STLD 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $236.96 and stabilize above resistance $288.74.

Invalidation Trigger

Break above $288.74 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 47.3, MACD 0.949

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $6.84 (2.91%)

Daily

EMA Structure

Range
EMA 8$233.62Bullish
EMA 21$236.96Bearish
EMA 50$236.88Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.3 · MACD 0.949

Neutral zone

Strength
Range
Volatility
ATR $6.84 · BB 15.23%

Medium volatility

Strength
Range
Volume
MFI 56.7 · OBV -5.68%

Relative to 20-period average volume

Strength
Range
Price Levels
$216.36 - $288.74

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+25.51% · 8.8 ATR above latest close

$295.58
Nearest resistance

+22.6% · 7.8 ATR above · 34-bar high

$288.74
Current price

Price shown is delayed

$235.51
Nearest support

-8.13% · 2.8 ATR below · 34-bar low

$216.36
Deeper support zone

-11.04% · 3.8 ATR below latest close

$209.52
ATR zone

Latest close ± ATR14

$228.67 - $242.35

Indicators

Trend

Dow Theory Structure

Confirmation $238.65, invalidation $221.52

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

42.7 / 21.0 / 25.3Bearish
Supertrend (10,3)

Price is above Supertrend

$212.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$241.32 / $252.55Bearish
Donchian Channel (20)

20-period breakout channel position

52%Bearish

Volatility

ATR (14)

Medium volatility

$6.84 (2.91%)Range
Bollinger Bands (20,2)

Width 15.23%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$250.05 / $223.27Range
ATR channel lower / upper

Current Volatility Envelope

$228.67 / $242.35Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$216.36Range

Momentum

RSI (14)

Neutral zone

47.3Range
MACD (12,26,9)

Histogram is positive

0.949Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.9 / 68.4Bullish
Williams %R (14)

Overbought zone

-14.1Bearish
CCI (20)

Balanced zone

-0.0Range
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

56.7Bullish
OBV slope

20-period OBV slope

-5.68%Bearish
Volume ratio

Relative to 20-period average volume

0.77xBearish

Trend

Dow Theory Structure

Confirmation $238.65, invalidation $221.52

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

42.7 / 21.0 / 25.3Bearish
Supertrend (10,3)

Price is above Supertrend

$212.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$241.32 / $252.55Bearish
Donchian Channel (20)

20-period breakout channel position

52%Bearish

Momentum

RSI (14)

Neutral zone

47.3Range
MACD (12,26,9)

Histogram is positive

0.949Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.9 / 68.4Bullish
Williams %R (14)

Overbought zone

-14.1Bearish
CCI (20)

Balanced zone

-0.0Range
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volatility

ATR (14)

Medium volatility

$6.84 (2.91%)Range
Bollinger Bands (20,2)

Width 15.23%

55%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$250.05 / $223.27Range
ATR channel lower / upper

Current Volatility Envelope

$228.67 / $242.35Range

Volume / Money Flow

MFI (14)

Money flow is strong

56.7Bullish
OBV slope

20-period OBV slope

-5.68%Bearish
Volume ratio

Relative to 20-period average volume

0.77xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$216.36Range

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