US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

12 hoursBullish67%
12h Upside probability 67%Bullish

STLD 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $218.02 and reclaim $252.68.

Invalidation Trigger

Lose $218.02 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 56.0, MACD 0.655

12h
Volatility EnvironmentRange
Medium volatility

ATR is $6.38 (2.59%)

12h

EMA Structure

Range
EMA 8$241.15Bullish
EMA 21$240.54Bullish
EMA 50$241.73Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.0 · MACD 0.655

Momentum is strong

Strength
Bullish
Volatility
ATR $6.38 · BB 7.12%

Medium volatility

Strength
Range
Volume
MFI 50.4 · OBV -26.35%

Relative to 20-period average volume

Strength
Range
Price Levels
$218.02 - $252.68

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+5.03% · 1.9 ATR above latest close

$259.06
Nearest resistance

+2.45% · 0.9 ATR above · 34-bar high

$252.68
Current price

Price shown is delayed

$246.65
Nearest support

-11.61% · 4.5 ATR below · 34-bar low

$218.02
Deeper support zone

-14.19% · 5.5 ATR below latest close

$211.64
ATR zone

Latest close ± ATR14

$240.26 - $253.03

Indicators

Trend

Dow Theory Structure

Confirmation $232.6, invalidation $245.86

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

Trend strength is moderate

19.7 / 30.5 / 14.7Bullish
Supertrend (10,3)

Price is above Supertrend

$222.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$239.56 / $245.69Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Volatility

ATR (14)

Medium volatility

$6.38 (2.59%)Range
Bollinger Bands (20,2)

Width 7.12%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$255.47 / $225.56Range
ATR channel lower / upper

Current Volatility Envelope

$240.26 / $253.03Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$252.68Range
Support

Nearest Downside Decision Level

$218.02Range

Momentum

RSI (14)

Momentum is strong

56.0Bullish
MACD (12,26,9)

Histogram is positive

0.655Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.5 / 67.4Bullish
Williams %R (14)

Overbought zone

-0.5Bearish
CCI (20)

Strong expansion

100.3Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

-26.35%Bearish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Trend

Dow Theory Structure

Confirmation $232.6, invalidation $245.86

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

Trend strength is moderate

19.7 / 30.5 / 14.7Bullish
Supertrend (10,3)

Price is above Supertrend

$222.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$239.56 / $245.69Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Momentum

RSI (14)

Momentum is strong

56.0Bullish
MACD (12,26,9)

Histogram is positive

0.655Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.5 / 67.4Bullish
Williams %R (14)

Overbought zone

-0.5Bearish
CCI (20)

Strong expansion

100.3Bullish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$6.38 (2.59%)Range
Bollinger Bands (20,2)

Width 7.12%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$255.47 / $225.56Range
ATR channel lower / upper

Current Volatility Envelope

$240.26 / $253.03Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.4Range
OBV slope

20-period OBV slope

-26.35%Bearish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$252.68Range
Support

Nearest Downside Decision Level

$218.02Range

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