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Stock Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Steel Dynamics, Inc. (NASDAQ:STLD)

Strong Uptrend (+100) - STLD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, STLD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
114.3100 115.5600 113.4916 115.5600 +1.3300
Entry Signal

MarketClub’s Trade Triangles for STLD

long term up The long-term trend has been UP since Nov 2nd, 2023 at 111.43

intermediate term up The intermediate-term trend has been UP since Nov 2nd, 2023 at 111.43

short term up The short-term trend has been UP since Nov 27th, 2023 at 113.56

Smart Scan Analysis for STLD

Based on our trend formula, STLD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for STLD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
114.3100 115.5600 113.4916 115.5600 +1.3300
Prev. Close Volume Bid Ask Time
114.2300 744441 2023-11-29 15:59:59
Year High52.095Year High Date2018-05-17
Year Low33.38Year Low Date2018-11-28
52wk High136.4652wk High Date2023-03-06
52wk Low90.54952wk Low Date2023-05-31
Year End Close13.73Average Volume1,077,393
Shares Outstanding161,816Short Interest5,946,930
% Institutional70.9Market Cap6,988M
Assets149,289,560MLiabilities603,542,100M
P/E Ratio7.2804Beta1.68
Volatility42.85
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