US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 weekBullish91%
Weekly Upside probability 91%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 $156.91 and reclaim $288.74.

Invalidation Trigger

Lose $156.91 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 56.9, MACD -2.452

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $20.64 (8.76%)

Weekly

EMA Structure

Bullish
EMA 8$237.89Bearish
EMA 21$223.35Bullish
EMA 50$194.06Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.9 · MACD -2.452

Momentum is strong

Strength
Bullish
Volatility
ATR $20.64 · BB 61.39%

High volatility

Strength
Bearish
Volume
MFI 61.3 · OBV 6.07%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$156.91 - $288.74

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+31.37% · 3.6 ATR above latest close

$309.38
Nearest resistance

+22.6% · 2.6 ATR above · 34-bar high

$288.74
Current price

Price shown is delayed

$235.51
Nearest support

-33.37% · 3.8 ATR below · 34-bar low

$156.91
Deeper support zone

-42.14% · 4.8 ATR below latest close

$136.27
ATR zone

Latest close ± ATR14

$214.87 - $256.15

Indicators

Trend

Dow Theory Structure

Confirmation $288.74, invalidation $216.36

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

Trend strength is active

47.9 / 34.2 / 17.6Bullish
Supertrend (10,3)

Price is above Supertrend

$168.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$239 / $204.32Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

High volatility

$20.64 (8.76%)Bearish
Bollinger Bands (20,2)

Width 61.39%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$268.44 / $180.85Bearish
ATR channel lower / upper

Current Volatility Envelope

$214.87 / $256.15Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$156.91Range

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is negative

-2.452Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.5 / 45.2Bullish
Williams %R (14)

Neutral zone

-53.5Range
CCI (20)

Balanced zone

33.7Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.3Bullish
OBV slope

20-period OBV slope

6.07%Bullish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Trend

Dow Theory Structure

Confirmation $288.74, invalidation $216.36

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

Trend strength is active

47.9 / 34.2 / 17.6Bullish
Supertrend (10,3)

Price is above Supertrend

$168.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$239 / $204.32Bearish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is negative

-2.452Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.5 / 45.2Bullish
Williams %R (14)

Neutral zone

-53.5Range
CCI (20)

Balanced zone

33.7Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$20.64 (8.76%)Bearish
Bollinger Bands (20,2)

Width 61.39%

61%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$268.44 / $180.85Bearish
ATR channel lower / upper

Current Volatility Envelope

$214.87 / $256.15Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.3Bullish
OBV slope

20-period OBV slope

6.07%Bullish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$156.91Range

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