US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

STLD 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $150.48 and reclaim $288.03.

Invalidation Trigger

Lose $150.48 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 62.2, MACD 3.238

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $19.29 (7.86%)

Weekly

EMA Structure

Bullish
EMA 8$247.49Bearish
EMA 21$221.62Bullish
EMA 50$189.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.2 · MACD 3.238

Momentum is strong

Strength
Bullish
Volatility
ATR $19.29 · BB 64.83%

High volatility

Strength
Bearish
Volume
MFI 76.6 · OBV 7.58%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$150.48 - $288.03

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+25.16% · 3.2 ATR above latest close

$307.32
Nearest resistance

+17.3% · 2.2 ATR above · 34-bar high

$288.03
Current price

Price shown is delayed

$245.54
Nearest support

-38.71% · 4.9 ATR below · 34-bar low

$150.48
Deeper support zone

-46.57% · 5.9 ATR below latest close

$131.19
ATR zone

Latest close ± ATR14

$226.25 - $264.83

Indicators

Trend

Dow Theory Structure

Confirmation $243.63, invalidation $219.56

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

43.8 / 41.4 / 10.5Bullish
Supertrend (10,3)

Price is above Supertrend

$182Bullish
Ichimoku Cloud

Cloud Span A / Span B

$239.46 / $204.01Bullish
Donchian Channel (20)

20-period breakout channel position

66%Bullish

Volatility

ATR (14)

High volatility

$19.29 (7.86%)Bearish
Bollinger Bands (20,2)

Width 64.83%

72%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$266.19 / $180.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$226.25 / $264.83Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.03Range
Support

Nearest Downside Decision Level

$150.48Range

Momentum

RSI (14)

Momentum is strong

62.2Bullish
MACD (12,26,9)

Histogram is positive

3.238Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.2 / 77.4Bearish
Williams %R (14)

Neutral zone

-34.8Range
CCI (20)

Balanced zone

68.1Range
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

7.58%Bullish
Volume ratio

Relative to 20-period average volume

0.94xRange

Trend

Dow Theory Structure

Confirmation $243.63, invalidation $219.56

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

43.8 / 41.4 / 10.5Bullish
Supertrend (10,3)

Price is above Supertrend

$182Bullish
Ichimoku Cloud

Cloud Span A / Span B

$239.46 / $204.01Bullish
Donchian Channel (20)

20-period breakout channel position

66%Bullish

Momentum

RSI (14)

Momentum is strong

62.2Bullish
MACD (12,26,9)

Histogram is positive

3.238Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

65.2 / 77.4Bearish
Williams %R (14)

Neutral zone

-34.8Range
CCI (20)

Balanced zone

68.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$19.29 (7.86%)Bearish
Bollinger Bands (20,2)

Width 64.83%

72%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$266.19 / $180.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$226.25 / $264.83Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

76.6Bullish
OBV slope

20-period OBV slope

7.58%Bullish
Volume ratio

Relative to 20-period average volume

0.94xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.03Range
Support

Nearest Downside Decision Level

$150.48Range

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