US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

1 weekBullish76%
Weekly Upside probability 76%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 StateRange
Momentum mixed

RSI 56.1, MACD -3.378

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $20.48 (8.35%)

Weekly

EMA Structure

Bullish
EMA 8$242.49Bullish
EMA 21$235.37Bullish
EMA 50$209.4Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.1 · MACD -3.378

Momentum is strong

Strength
Range
Volatility
ATR $20.48 · BB 24.32%

High volatility

Strength
Bearish
Volume
MFI 42.9 · OBV 2.80%

Relative to 20-period average volume

Strength
Range
Price Levels
$162.16 - $288.74

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+26.01% · 3.1 ATR above latest close

$309.22
Nearest resistance

+17.66% · 2.1 ATR above · 34-bar high

$288.74
Current price

Price shown is delayed

$245.4
Nearest support

-33.92% · 4.1 ATR below · 34-bar low

$162.16
Deeper support zone

-42.27% · 5.1 ATR below latest close

$141.68
ATR zone

Latest close ± ATR14

$224.92 - $265.89

Indicators

Trend

Dow Theory Structure

Confirmation $273.36, invalidation $218.02

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

Trend strength is active

27.7 / 18.1 / 28.0Bearish
Supertrend (10,3)

Price is above Supertrend

$183.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$236.16 / $211.81Bullish
Donchian Channel (20)

20-period breakout channel position

40%Range

Volatility

ATR (14)

High volatility

$20.48 (8.35%)Bearish
Bollinger Bands (20,2)

Width 24.32%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$273.99 / $198.49Bearish
ATR channel lower / upper

Current Volatility Envelope

$224.92 / $265.89Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$162.16Range

Momentum

RSI (14)

Momentum is strong

56.1Bullish
MACD (12,26,9)

Histogram is negative

-3.378Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.1 / 36.0Bullish
Williams %R (14)

Neutral zone

-59.9Range
CCI (20)

Balanced zone

-18.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.9Bearish
OBV slope

20-period OBV slope

2.80%Bullish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Trend

Dow Theory Structure

Confirmation $273.36, invalidation $218.02

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

Trend strength is active

27.7 / 18.1 / 28.0Bearish
Supertrend (10,3)

Price is above Supertrend

$183.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$236.16 / $211.81Bullish
Donchian Channel (20)

20-period breakout channel position

40%Range

Momentum

RSI (14)

Momentum is strong

56.1Bullish
MACD (12,26,9)

Histogram is negative

-3.378Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.1 / 36.0Bullish
Williams %R (14)

Neutral zone

-59.9Range
CCI (20)

Balanced zone

-18.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$20.48 (8.35%)Bearish
Bollinger Bands (20,2)

Width 24.32%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$273.99 / $198.49Bearish
ATR channel lower / upper

Current Volatility Envelope

$224.92 / $265.89Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.9Bearish
OBV slope

20-period OBV slope

2.80%Bullish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.74Range
Support

Nearest Downside Decision Level

$162.16Range

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