US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

12 hoursBullish60%
12h Upside probability 60%Bullish

STLD 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Hold above $216.36 and reclaim $288.74.

Invalidation Trigger

Lose $216.36 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 49.4, MACD 2.153

12h
Volatility EnvironmentRange
Medium volatility

ATR is $5.78 (2.46%)

12h

EMA Structure

Bearish
EMA 8$232.96Bullish
EMA 21$234.34Bullish
EMA 50$238.57Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.4 · MACD 2.153

Neutral zone

Strength
Range
Volatility
ATR $5.78 · BB 9.44%

Medium volatility

Strength
Range
Volume
MFI 76.6 · OBV -24.16%

Relative to 20-period average volume

Strength
Range
Price Levels
$216.36 - $288.74

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+25.06% · 10.2 ATR above latest close

$294.52
Nearest resistance

+22.6% · 9.2 ATR above · 34-bar high

$288.74
Current price

Price shown is delayed

$235.51
Nearest support

-8.13% · 3.3 ATR below · 34-bar low

$216.36
Deeper support zone

-10.59% · 4.3 ATR below latest close

$210.58
ATR zone

Latest close ± ATR14

$229.73 - $241.29

Indicators

Trend

Dow Theory Structure

Confirmation $238.65, invalidation $216.36

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

Trend strength is active

26.6 / 34.2 / 14.2Bullish
Supertrend (10,3)

Price is above Supertrend

$214.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.65 / $252.55Bearish
Donchian Channel (20)

20-period breakout channel position

63%Bearish

Volatility

ATR (14)

Medium volatility

$5.78 (2.46%)Range
Bollinger Bands (20,2)

Width 9.44%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$246.25 / $221.84Range
ATR channel lower / upper

Current Volatility Envelope

$229.73 / $241.29Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$216.36Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is positive

2.153Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.9 / 84.5Bearish
Williams %R (14)

Overbought zone

-16.1Bearish
CCI (20)

Balanced zone

60.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

76.6Bullish
OBV slope

20-period OBV slope

-24.16%Bearish
Volume ratio

Relative to 20-period average volume

0.80xBearish

Trend

Dow Theory Structure

Confirmation $238.65, invalidation $216.36

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

Trend strength is active

26.6 / 34.2 / 14.2Bullish
Supertrend (10,3)

Price is above Supertrend

$214.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.65 / $252.55Bearish
Donchian Channel (20)

20-period breakout channel position

63%Bearish

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is positive

2.153Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.9 / 84.5Bearish
Williams %R (14)

Overbought zone

-16.1Bearish
CCI (20)

Balanced zone

60.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$5.78 (2.46%)Range
Bollinger Bands (20,2)

Width 9.44%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$246.25 / $221.84Range
ATR channel lower / upper

Current Volatility Envelope

$229.73 / $241.29Range

Volume / Money Flow

MFI (14)

Money flow is strong

76.6Bullish
OBV slope

20-period OBV slope

-24.16%Bearish
Volume ratio

Relative to 20-period average volume

0.80xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$216.36Range

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