US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 dayBullish92%
Daily Upside probability 92%Bullish

STLD 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $216.36 and reclaim $273.36.

Invalidation Trigger

Lose $216.36 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 62.1, MACD 2.101

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $8.93 (3.4%)

Daily

EMA Structure

Bullish
EMA 8$258.7Bullish
EMA 21$251.15Bullish
EMA 50$244.5Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.1 · MACD 2.101

Momentum is strong

Strength
Bullish
Volatility
ATR $8.93 · BB 18.52%

Medium volatility

Strength
Range
Volume
MFI 71.9 · OBV 5.04%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$216.36 - $273.36

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+7.56% · 2.2 ATR above latest close

$282.29
Nearest resistance

+4.16% · 1.2 ATR above · 34-bar high

$273.36
Current price

Price shown is delayed

$262.45
Nearest support

-17.56% · 5.2 ATR below · 34-bar low

$216.36
Deeper support zone

-20.96% · 6.2 ATR below latest close

$207.43
ATR zone

Latest close ± ATR14

$253.52 - $271.38

Indicators

Trend

Dow Theory Structure

Confirmation $273.36, invalidation $246.7

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

Trend strength is active

57.2 / 35.0 / 12.1Bullish
Supertrend (10,3)

Price is above Supertrend

$229.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$253.15 / $252.55Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Volatility

ATR (14)

Medium volatility

$8.93 (3.4%)Range
Bollinger Bands (20,2)

Width 18.52%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$271.25 / $231.75Range
ATR channel lower / upper

Current Volatility Envelope

$253.52 / $271.38Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$273.36Range
Support

Nearest Downside Decision Level

$216.36Range

Momentum

RSI (14)

Momentum is strong

62.1Bullish
MACD (12,26,9)

Histogram is positive

2.101Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.6 / 71.6Bullish
Williams %R (14)

Neutral zone

-28.4Range
CCI (20)

Balanced zone

81.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

71.9Bullish
OBV slope

20-period OBV slope

5.04%Bullish
Volume ratio

Relative to 20-period average volume

1.05xRange

Trend

Dow Theory Structure

Confirmation $273.36, invalidation $246.7

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

Trend strength is active

57.2 / 35.0 / 12.1Bullish
Supertrend (10,3)

Price is above Supertrend

$229.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$253.15 / $252.55Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Momentum

RSI (14)

Momentum is strong

62.1Bullish
MACD (12,26,9)

Histogram is positive

2.101Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.6 / 71.6Bullish
Williams %R (14)

Neutral zone

-28.4Range
CCI (20)

Balanced zone

81.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$8.93 (3.4%)Range
Bollinger Bands (20,2)

Width 18.52%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$271.25 / $231.75Range
ATR channel lower / upper

Current Volatility Envelope

$253.52 / $271.38Range

Volume / Money Flow

MFI (14)

Money flow is strong

71.9Bullish
OBV slope

20-period OBV slope

5.04%Bullish
Volume ratio

Relative to 20-period average volume

1.05xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$273.36Range
Support

Nearest Downside Decision Level

$216.36Range

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