US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 hourBullish91%
1h Upside probability 91%Bullish

STLD 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $227.63 and reclaim $239.37.

Invalidation Trigger

Lose $227.63 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 67.2, MACD 0.243

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.43 (0.6%)

1h

EMA Structure

Range
EMA 8$236.22Bullish
EMA 21$234.89Bullish
EMA 50$235.01Bullish

Signals

CategoryReadStrength
Momentum
RSI 67.2 · MACD 0.243

Momentum is strong

Strength
Bullish
Volatility
ATR $1.43 · BB 3.32%

Low volatility

Strength
Bullish
Volume
MFI 60.3 · OBV -0.07%

Relative to 20-period average volume

Strength
Range
Price Levels
$227.63 - $239.37

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+0.6% · 1.0 ATR above latest close

$240.8
Nearest resistance

+0% · 0.0 ATR above · 34-bar high

$239.37
Current price

Price shown is delayed

$239.37
Nearest support

-4.91% · 8.2 ATR below · 34-bar low

$227.63
Deeper support zone

-5.5% · 9.2 ATR below latest close

$226.2
ATR zone

Latest close ± ATR14

$237.94 - $240.8

Indicators

Trend

Dow Theory Structure

Confirmation $236.8, invalidation $232.65

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

Trend strength is active

36.7 / 36.8 / 26.2Bullish
Supertrend (10,3)

Price is above Supertrend

$232.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.77 / $230.5Bullish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Volatility

ATR (14)

Low volatility

$1.43 (0.6%)Bullish
Bollinger Bands (20,2)

Width 3.32%

106%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$238.16 / $231.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$237.94 / $240.8Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.37Range
Support

Nearest Downside Decision Level

$227.63Range

Momentum

RSI (14)

Momentum is strong

67.2Bullish
MACD (12,26,9)

Histogram is positive

0.243Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 81.4Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

170.3Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.3Bullish
OBV slope

20-period OBV slope

-0.07%Bearish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Trend

Dow Theory Structure

Confirmation $236.8, invalidation $232.65

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

Trend strength is active

36.7 / 36.8 / 26.2Bullish
Supertrend (10,3)

Price is above Supertrend

$232.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.77 / $230.5Bullish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Momentum

RSI (14)

Momentum is strong

67.2Bullish
MACD (12,26,9)

Histogram is positive

0.243Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

100.0 / 81.4Bullish
Williams %R (14)

Overbought zone

0.0Bearish
CCI (20)

Strong expansion

170.3Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$1.43 (0.6%)Bullish
Bollinger Bands (20,2)

Width 3.32%

106%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$238.16 / $231.77Bullish
ATR channel lower / upper

Current Volatility Envelope

$237.94 / $240.8Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.3Bullish
OBV slope

20-period OBV slope

-0.07%Bearish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$239.37Range
Support

Nearest Downside Decision Level

$227.63Range

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