US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 dayBullish61%
Daily Upside probability 61%Bullish

STLD 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $218.02 and reclaim $273.36.

Invalidation Trigger

Lose $218.02 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 52.7, MACD 0.597

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $6.85 (2.8%)

Daily

EMA Structure

Bearish
EMA 8$240.98Bullish
EMA 21$241.44Bullish
EMA 50$242.27Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.7 · MACD 0.597

Neutral zone

Strength
Bullish
Volatility
ATR $6.85 · BB 10.73%

Medium volatility

Strength
Range
Volume
MFI 50.4 · OBV -3.27%

Relative to 20-period average volume

Strength
Range
Price Levels
$218.02 - $273.36

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+14.45% · 5.2 ATR above latest close

$280.21
Nearest resistance

+11.65% · 4.2 ATR above · 34-bar high

$273.36
Current price

Price shown is delayed

$244.84
Nearest support

-10.95% · 3.9 ATR below · 34-bar low

$218.02
Deeper support zone

-13.75% · 4.9 ATR below latest close

$211.17
ATR zone

Latest close ± ATR14

$237.99 - $251.68

Indicators

Trend

Dow Theory Structure

Confirmation $245.86, invalidation $234.04

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

21.8 / 31.6 / 20.6Bullish
Supertrend (10,3)

Price is above Supertrend

$223.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$240.9 / $245.69Bearish
Donchian Channel (20)

20-period breakout channel position

79%Range

Volatility

ATR (14)

Medium volatility

$6.85 (2.8%)Range
Bollinger Bands (20,2)

Width 10.73%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$254.07 / $228.63Range
ATR channel lower / upper

Current Volatility Envelope

$237.99 / $251.68Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$273.36Range
Support

Nearest Downside Decision Level

$218.02Range

Momentum

RSI (14)

Neutral zone

52.7Range
MACD (12,26,9)

Histogram is positive

0.597Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.2 / 51.3Bullish
Williams %R (14)

Neutral zone

-30.8Range
CCI (20)

Balanced zone

87.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

-3.27%Bearish
Volume ratio

Relative to 20-period average volume

0.05xBearish

Trend

Dow Theory Structure

Confirmation $245.86, invalidation $234.04

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

21.8 / 31.6 / 20.6Bullish
Supertrend (10,3)

Price is above Supertrend

$223.98Bullish
Ichimoku Cloud

Cloud Span A / Span B

$240.9 / $245.69Bearish
Donchian Channel (20)

20-period breakout channel position

79%Range

Momentum

RSI (14)

Neutral zone

52.7Range
MACD (12,26,9)

Histogram is positive

0.597Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.2 / 51.3Bullish
Williams %R (14)

Neutral zone

-30.8Range
CCI (20)

Balanced zone

87.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$6.85 (2.8%)Range
Bollinger Bands (20,2)

Width 10.73%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$254.07 / $228.63Range
ATR channel lower / upper

Current Volatility Envelope

$237.99 / $251.68Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

-3.27%Bearish
Volume ratio

Relative to 20-period average volume

0.05xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$273.36Range
Support

Nearest Downside Decision Level

$218.02Range

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