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Stock Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

STEEL DYNAMICS (NASDAQ:STLD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
43.270 43.890 42.240 43.725 +0.335
Entry Signal

MarketClub’s Trade Triangles for STLD

long term down The long term trend has been DOWN since Aug 10th, 2018 at 43.19

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2018 at 46.22

short term down The short term trend has been DOWN since Aug 10th, 2018 at 44.09

Smart Scan Analysis for STLD

Based on a pre-defined weighted trend formula for chart analysis, STLD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for STLD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.270 43.890 42.240 43.725 +0.335
Prev. Close Volume Bid Ask Time
43.730 1429477 2018-08-17 15:59:58
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 Volume1,994,571
Shares Outstanding219,243Short Interest5,946,930
% Institutional70.9AssetsM
Liabilities609.7MBeta1.68
Volatility24.72
Want to analyze STEEL DYNAMICS STLD or another symbol? Try our Free Stock Trend Analysis Report.