US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 dayBearish80%
Daily Downside probability 80%Bearish

STLD 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $254.61 and stabilize above resistance $288.03.

Invalidation Trigger

Break above $288.03 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 45.0, MACD -4.646

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $9.52 (3.88%)

Daily

EMA Structure

Range
EMA 8$250.53Bearish
EMA 21$254.61Bearish
EMA 50$242.44Bullish

Signals

CategoryReadStrength
Momentum
RSI 45.0 · MACD -4.646

Neutral zone

Strength
Bearish
Volatility
ATR $9.52 · BB 19.87%

Medium volatility

Strength
Range
Volume
MFI 32.9 · OBV -7.10%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$219.56 - $288.03

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+21.18% · 5.5 ATR above latest close

$297.55
Nearest resistance

+17.3% · 4.5 ATR above · 34-bar high

$288.03
Current price

Price shown is delayed

$245.54
Nearest support

-10.58% · 2.7 ATR below · 34-bar low

$219.56
Deeper support zone

-14.46% · 3.7 ATR below latest close

$210.03
ATR zone

Latest close ± ATR14

$236.02 - $255.06

Indicators

Trend

Dow Theory Structure

Confirmation $239.75, invalidation $251.18

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.7 / 15.6 / 38.7Bearish
Supertrend (10,3)

Price is above Supertrend

$217.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$258.48 / $240.02Bearish
Donchian Channel (20)

20-period breakout channel position

12%Range

Volatility

ATR (14)

Medium volatility

$9.52 (3.88%)Range
Bollinger Bands (20,2)

Width 19.87%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$273.95 / $235.56Range
ATR channel lower / upper

Current Volatility Envelope

$236.02 / $255.06Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.03Range
Support

Nearest Downside Decision Level

$219.56Range

Momentum

RSI (14)

Neutral zone

45.0Range
MACD (12,26,9)

Histogram is negative

-4.646Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.0 / 14.1Bearish
Williams %R (14)

Oversold zone

-88.0Bullish
CCI (20)

Weak expansion

-100.8Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

32.9Bearish
OBV slope

20-period OBV slope

-7.10%Bearish
Volume ratio

Relative to 20-period average volume

0.85xBearish

Trend

Dow Theory Structure

Confirmation $239.75, invalidation $251.18

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

40.7 / 15.6 / 38.7Bearish
Supertrend (10,3)

Price is above Supertrend

$217.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$258.48 / $240.02Bearish
Donchian Channel (20)

20-period breakout channel position

12%Range

Momentum

RSI (14)

Neutral zone

45.0Range
MACD (12,26,9)

Histogram is negative

-4.646Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.0 / 14.1Bearish
Williams %R (14)

Oversold zone

-88.0Bullish
CCI (20)

Weak expansion

-100.8Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$9.52 (3.88%)Range
Bollinger Bands (20,2)

Width 19.87%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$273.95 / $235.56Range
ATR channel lower / upper

Current Volatility Envelope

$236.02 / $255.06Range

Volume / Money Flow

MFI (14)

Money flow is weak

32.9Bearish
OBV slope

20-period OBV slope

-7.10%Bearish
Volume ratio

Relative to 20-period average volume

0.85xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.03Range
Support

Nearest Downside Decision Level

$219.56Range

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