US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 hourBearish77%
1h Downside probability 77%Bearish

STLD 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $262.12 and stabilize above resistance $273.36.

Invalidation Trigger

Break above $273.36 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 49.0, MACD -0.353

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.75 (0.67%)

1h

EMA Structure

Range
EMA 8$261.33Bullish
EMA 21$262.12Bearish
EMA 50$260.54Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.0 · MACD -0.353

Neutral zone

Strength
Bearish
Volatility
ATR $1.75 · BB 3.45%

Low volatility

Strength
Bullish
Volume
MFI 50.1 · OBV -3.73%

Relative to 20-period average volume

Strength
Range
Price Levels
$255.8 - $273.36

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.12% · 7.7 ATR above latest close

$275.11
Nearest resistance

+4.45% · 6.7 ATR above · 34-bar high

$273.36
Current price

Price shown is delayed

$261.72
Nearest support

-2.26% · 3.4 ATR below · 34-bar low

$255.8
Deeper support zone

-2.93% · 4.4 ATR below latest close

$254.05
ATR zone

Latest close ± ATR14

$259.97 - $263.47

Indicators

Trend

Dow Theory Structure

Confirmation $255.8, invalidation $261.68

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

Trend strength is active

55.5 / 15.2 / 40.3Bearish
Supertrend (10,3)

Price is above Supertrend

$256.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$261.85 / $259.57Bearish
Donchian Channel (20)

20-period breakout channel position

53%Range

Volatility

ATR (14)

Low volatility

$1.75 (0.67%)Bullish
Bollinger Bands (20,2)

Width 3.45%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$265.73 / $258.47Bullish
ATR channel lower / upper

Current Volatility Envelope

$259.97 / $263.47Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$273.36Range
Support

Nearest Downside Decision Level

$255.8Range

Momentum

RSI (14)

Neutral zone

49.0Range
MACD (12,26,9)

Histogram is negative

-0.353Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.5 / 53.8Bullish
Williams %R (14)

Neutral zone

-38.5Range
CCI (20)

Balanced zone

-27.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.1Range
OBV slope

20-period OBV slope

-3.73%Bearish
Volume ratio

Relative to 20-period average volume

3.00xBullish

Trend

Dow Theory Structure

Confirmation $255.8, invalidation $261.68

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

Trend strength is active

55.5 / 15.2 / 40.3Bearish
Supertrend (10,3)

Price is above Supertrend

$256.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$261.85 / $259.57Bearish
Donchian Channel (20)

20-period breakout channel position

53%Range

Momentum

RSI (14)

Neutral zone

49.0Range
MACD (12,26,9)

Histogram is negative

-0.353Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.5 / 53.8Bullish
Williams %R (14)

Neutral zone

-38.5Range
CCI (20)

Balanced zone

-27.1Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$1.75 (0.67%)Bullish
Bollinger Bands (20,2)

Width 3.45%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$265.73 / $258.47Bullish
ATR channel lower / upper

Current Volatility Envelope

$259.97 / $263.47Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.1Range
OBV slope

20-period OBV slope

-3.73%Bearish
Volume ratio

Relative to 20-period average volume

3.00xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$273.36Range
Support

Nearest Downside Decision Level

$255.8Range

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