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 $162.16 and reclaim $288.74.

Invalidation Trigger

Lose $162.16 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 64.3, MACD -1.015

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $21.32 (8.12%)

Weekly

EMA Structure

Bullish
EMA 8$246.9Bullish
EMA 21$230.99Bullish
EMA 50$200.82Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.3 · MACD -1.015

Momentum is strong

Strength
Bullish
Volatility
ATR $21.32 · BB 48.80%

High volatility

Strength
Bearish
Volume
MFI 60.3 · OBV 10.42%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$162.16 - $288.74

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+18.14% · 2.2 ATR above latest close

$310.06
Nearest resistance

+10.02% · 1.2 ATR above · 34-bar high

$288.74
Current price

Price shown is delayed

$262.45
Nearest support

-38.21% · 4.7 ATR below · 34-bar low

$162.16
Deeper support zone

-46.34% · 5.7 ATR below latest close

$140.84
ATR zone

Latest close ± ATR14

$241.13 - $283.77

Indicators

Trend

Dow Theory Structure

Confirmation $288.74, invalidation $216.36

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

Trend strength is active

44.0 / 32.5 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$193.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$239 / $204.32Bullish
Donchian Channel (20)

20-period breakout channel position

79%Bullish

Volatility

ATR (14)

High volatility

$21.32 (8.12%)Bearish
Bollinger Bands (20,2)

Width 48.80%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$276.67 / $187.91Bearish
ATR channel lower / upper

Current Volatility Envelope

$241.13 / $283.77Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$162.16Range

Momentum

RSI (14)

Momentum is strong

64.3Bullish
MACD (12,26,9)

Histogram is negative

-1.015Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.7 / 55.0Bullish
Williams %R (14)

Neutral zone

-36.3Range
CCI (20)

Balanced zone

88.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.3Bullish
OBV slope

20-period OBV slope

10.42%Bullish
Volume ratio

Relative to 20-period average volume

0.95xRange

Trend

Dow Theory Structure

Confirmation $288.74, invalidation $216.36

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

Trend strength is active

44.0 / 32.5 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$193.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$239 / $204.32Bullish
Donchian Channel (20)

20-period breakout channel position

79%Bullish

Momentum

RSI (14)

Momentum is strong

64.3Bullish
MACD (12,26,9)

Histogram is negative

-1.015Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.7 / 55.0Bullish
Williams %R (14)

Neutral zone

-36.3Range
CCI (20)

Balanced zone

88.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$21.32 (8.12%)Bearish
Bollinger Bands (20,2)

Width 48.80%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$276.67 / $187.91Bearish
ATR channel lower / upper

Current Volatility Envelope

$241.13 / $283.77Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.3Bullish
OBV slope

20-period OBV slope

10.42%Bullish
Volume ratio

Relative to 20-period average volume

0.95xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$162.16Range

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