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Stock Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Steel Dynamics, Inc. (NASDAQ:STLD)

Long-Term Uptrend (+90) - STLD is in a strong uptrend that is likely to continue. While STLD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NASDAQ_STLD
Open High Low STLD Price Change
66.4900 67.7499 64.5100 64.5400 -2.7400
Entry Signal

MarketClub’s Trade Triangles for STLD

long term up The long-term trend has been UP since Jun 3rd, 2020 at 27.99

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 62.81

short term up The short-term trend has been UP since Oct 19th, 2021 at 63.31

Smart Scan Analysis for STLD

Based on our trend formula, STLD is rated as a +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
66.4900 67.7499 64.5100 64.5400 -2.7400
Prev. Close Volume Bid Ask Time
64.5600 1556603 2021-10-27 15:59:58
Year High52.095Year High Date2018-05-17
Year Low33.38Year Low Date2018-11-28
52wk High74.3752wk High Date2021-08-13
52wk Low30.2652wk Low Date2020-10-28
Year End Close13.73Average Volume2,018,049
Shares Outstanding204,114Short Interest5,946,930
% Institutional70.9Market Cap6,988M
Assets106,873,310MLiabilities566,721,700M
P/E Ratio10.0418Beta1.68
Volatility42.85
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