US stock / ETF

Steel Dynamics, Inc.

STLD · NASDAQ · USD

3 monthsBullish62%
3M Upside probability 62%Bullish

STLD 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $26.82 and reclaim $288.03.

Invalidation Trigger

Lose $26.82 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 85.6, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $38.92 (15.85%)

3M

EMA Structure

Range
EMA 8$166.89Bullish
EMA 21$120.52Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 85.6 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $38.92 · BB 145.54%

High volatility

Strength
Bearish
Volume
MFI 60.8 · OBV 253.86%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$26.82 - $288.03

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+33.16% · 2.1 ATR above latest close

$326.95
Nearest resistance

+17.3% · 1.1 ATR above · 24-bar high

$288.03
Current price

Price shown is delayed

$245.54
Nearest support

-89.08% · 5.6 ATR below · 24-bar low

$26.82
Deeper support zone

-104.93% · 6.6 ATR below latest close

-$12.11
ATR zone

Latest close ± ATR14

$206.62 - $284.46

Indicators

Trend

Dow Theory Structure

Confirmation $103.82, invalidation $141.88

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$101.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

High volatility

$38.92 (15.85%)Bearish
Bollinger Bands (20,2)

Width 145.54%

122%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$209.95 / $36.81Bearish
ATR channel lower / upper

Current Volatility Envelope

$206.62 / $284.46Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.03Range
Support

Nearest Downside Decision Level

$26.82Range

Momentum

RSI (14)

Momentum is strong

85.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

78.5 / 83.4Bearish
Williams %R (14)

Neutral zone

-21.5Range
CCI (20)

Strong expansion

261.3Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.8Bullish
OBV slope

20-period OBV slope

253.86%Bullish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Trend

Dow Theory Structure

Confirmation $103.82, invalidation $141.88

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$101.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

85.6Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

78.5 / 83.4Bearish
Williams %R (14)

Neutral zone

-21.5Range
CCI (20)

Strong expansion

261.3Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$38.92 (15.85%)Bearish
Bollinger Bands (20,2)

Width 145.54%

122%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$209.95 / $36.81Bearish
ATR channel lower / upper

Current Volatility Envelope

$206.62 / $284.46Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.8Bullish
OBV slope

20-period OBV slope

253.86%Bullish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.03Range
Support

Nearest Downside Decision Level

$26.82Range

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