STLD

Steel DynamicsMaterials

$269.80+0.97%

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$269.80

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STLD Technicals

Technical indicators signal a Ascending Triangle forming. Verify the setup on the chart.

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Quick Actions

Trade Plan: Ascending Triangle

Risk/Reward

1:1.9

Entry

$280.49

Stop

$248.19

Target

$341.95

Chart Pattern

Ascending Triangle

Bullish continuation pattern.

Market Analysis

Technical analysis of Steel Dynamics (STLD) reveals a significant setup. The stock is trading at $269.8, up 0.97% on the day. Price action has carved out a classic Ascending Triangle. Volume is average (0.76x avg) with high trend strength (69.4). A potential breakout level is identified at $280.49, targeting $341.95 with support near $248.19 (R:R 1.9).

Community Sentiment

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Pattern Peers

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