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Stock Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

STEEL DYNAMICS (NASDAQ:STLD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_STLD
Open High Low STLD Price Change
46.70 47.07 46.02 46.95 +0.47
Entry Signal

MarketClub’s Trade Triangles for STLD

long term up The long term trend has been UP since Oct 20th, 2017 at 38.70

intermediate term down The intermediate term trend has been DOWN since Jun 14th, 2018 at 48.45

short term down The short term trend has been DOWN since Jun 12th, 2018 at 49.89

Smart Scan Analysis for STLD

Based on a pre-defined weighted trend formula for chart analysis, STLD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for STLD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.70 47.07 46.02 46.95 +0.47
Prev. Close Volume Bid Ask Time
46.48 965101 2018-06-20 14:59:21
Year High52.095Year High Date2018-05-17
Year Low41.13Year Low Date2018-02-06
52wk High52.09552wk High Date2018-05-17
52wk Low32.252wk Low Date2017-09-12
Year End Close13.73Average Volume2,334,670
Shares Outstanding219,243Short Interest5,946,930
% Institutional70.9AssetsM
Liabilities609.7MBeta1.68
Volatility24.55
Want to analyze STEEL DYNAMICS STLD or another symbol? Try our Free Stock Trend Analysis Report.