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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Steel Dynamics, Inc. (NASDAQ:STLD)
Sidelines Mode (+55) - STLD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid STLD?
MarketClub looks at technical strength and momentum to determine if the timing is right for STLD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for STLD
The long-term trend has been UP since Oct 17th, 2024 at 137.27
The intermediate-term trend has been UP since Sep 23rd, 2024 at 120.16
The short-term trend has been DOWN since Oct 22nd, 2024 at 132.63
Smart Scan Analysis for STLD
Based on our trend formula, STLD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 130.92 | 131.64 | 128.82 | 129.59 | -0.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 129.58 | 507789 | 2024-10-25 15:59:49 |
| Year High | 52.095 | Year High Date | 2018-05-17 |
| Year Low | 33.38 | Year Low Date | 2018-11-28 |
| 52wk High | 151.34 | 52wk High Date | 2024-04-01 |
| 52wk Low | 100.2 | 52wk Low Date | 2023-10-26 |
| Year End Close | 13.73 | Average Volume | 1,144,259 |
| Shares Outstanding | 154,303 | Short Interest | 5,946,930 |
| % Institutional | 70.9 | Market Cap | 6,988M |
| Assets | 150,612,570M | Liabilities | 593,048,400M |
| P/E Ratio | 10.4105 | Beta | 1.68 |
| Volatility | 42.85 |