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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.
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MarketClub’s Trade Triangles for STLD
The long-term trend has been UP since Nov 2nd, 2023 at 111.43
The intermediate-term trend has been UP since Nov 2nd, 2023 at 111.43
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).
| 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 High | 52.095 | Year High Date | 2018-05-17 |
| Year Low | 33.38 | Year Low Date | 2018-11-28 |
| 52wk High | 136.46 | 52wk High Date | 2023-03-06 |
| 52wk Low | 90.549 | 52wk Low Date | 2023-05-31 |
| Year End Close | 13.73 | Average Volume | 1,077,393 |
| Shares Outstanding | 161,816 | Short Interest | 5,946,930 |
| % Institutional | 70.9 | Market Cap | 6,988M |
| Assets | 149,289,560M | Liabilities | 603,542,100M |
| P/E Ratio | 7.2804 | Beta | 1.68 |
| Volatility | 42.85 |