STLD

Steel DynamicsMaterials

$195.30-0.09%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$195.30

FEBMARAPR

STLD Technicals

Technical indicators signal a Rounding Bottom forming. Verify the setup on the chart.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward

1:2

Entry

$199.18

Stop

$180.42

Target

$236.71

Chart Pattern

Rounding Bottom

Gradual reversal from bearish to bullish.

Market Analysis

STLD is showing interesting structural developments at $195.3. The stock is trading at $195.3, down 0.09% on the day. Algorithmically, a Rounding Bottom structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $199.18, targeting $236.71 with support near $180.42 (R:R 2.0).

Community Sentiment

What is your outlook on STLD?

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Pattern Peers

Fet Rounding Bottom Ual Rounding Bottom Gddy Rounding Bottom Tri Rounding Bottom Chrw Rounding Bottom