US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

12 hoursBearish79%
12h Downside probability 79%Bearish

STLD 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $255.19 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

12h
Momentum StateBearish
Momentum soft

RSI 43.0, MACD -5.044

12h
Volatility EnvironmentRange
Medium volatility

ATR is $9.11 (3.75%)

12h

EMA Structure

Range
EMA 8$251.37Bearish
EMA 21$255.19Bearish
EMA 50$242.12Bullish

Signals

CategoryReadStrength
Momentum
RSI 43.0 · MACD -5.044

Momentum is weak

Strength
Bearish
Volatility
ATR $9.11 · BB 19.30%

Medium volatility

Strength
Range
Volume
MFI 23.5 · OBV -19.00%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$219.56 - $288.03

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+22.23% · 5.9 ATR above latest close

$297.14
Nearest resistance

+18.48% · 4.9 ATR above · 34-bar high

$288.03
Current price

Price shown is delayed

$243.11
Nearest support

-9.69% · 2.6 ATR below · 34-bar low

$219.56
Deeper support zone

-13.44% · 3.6 ATR below latest close

$210.44
ATR zone

Latest close ± ATR14

$234 - $252.22

Indicators

Trend

Dow Theory Structure

Confirmation $288.03, invalidation $239.75

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

Trend strength is active

41.4 / 15.8 / 38.5Bearish
Supertrend (10,3)

Price is above Supertrend

$218.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$259.46 / $240.02Bearish
Donchian Channel (20)

20-period breakout channel position

7%Range

Volatility

ATR (14)

Medium volatility

$9.11 (3.75%)Range
Bollinger Bands (20,2)

Width 19.30%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$273.82 / $236.94Range
ATR channel lower / upper

Current Volatility Envelope

$234 / $252.22Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.03Range
Support

Nearest Downside Decision Level

$219.56Range

Momentum

RSI (14)

Momentum is weak

43.0Bearish
MACD (12,26,9)

Histogram is negative

-5.044Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.0 / 9.4Bearish
Williams %R (14)

Oversold zone

-93.0Bullish
CCI (20)

Weak expansion

-115.6Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

23.5Bearish
OBV slope

20-period OBV slope

-19.00%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $288.03, invalidation $239.75

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

Trend strength is active

41.4 / 15.8 / 38.5Bearish
Supertrend (10,3)

Price is above Supertrend

$218.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$259.46 / $240.02Bearish
Donchian Channel (20)

20-period breakout channel position

7%Range

Momentum

RSI (14)

Momentum is weak

43.0Bearish
MACD (12,26,9)

Histogram is negative

-5.044Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.0 / 9.4Bearish
Williams %R (14)

Oversold zone

-93.0Bullish
CCI (20)

Weak expansion

-115.6Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Medium volatility

$9.11 (3.75%)Range
Bollinger Bands (20,2)

Width 19.30%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$273.82 / $236.94Range
ATR channel lower / upper

Current Volatility Envelope

$234 / $252.22Range

Volume / Money Flow

MFI (14)

Money flow is weak

23.5Bearish
OBV slope

20-period OBV slope

-19.00%Bearish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.03Range
Support

Nearest Downside Decision Level

$219.56Range

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