


Technical Sentiment Analysis for Steel Dynamics Inc (STLD) As of 2026-05-29, Steel Dynamics Inc (STLD) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 9 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for STLD stands at 74.746, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 11.028, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 95.553 and the Commodity Channel Index (CCI) at 198.523 further confirm a 25.47 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, STLD is trading above its 60-day moving average of $205.967 and above its 200-day long-term moving average of $174.145. Key price levels to watch include the immediate resistance at $263.121 and strong support at $219.061. A break above $263.121 could signal a bull continuation, while falling below $219.061 may test the next Fibonacci floor at $197.016.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 175.001 | 197.016 | 219.061 | 241.076 | 263.121 | 285.136 | 307.181 |
| Fibonacci | 197.016 | 213.847 | 224.245 | 241.076 | 257.907 | 268.305 | 285.136 |
2026-05-29
| Name | Value |
|---|---|
| RSI_14 | 74.746 |
| STOCHk_14_3_3 | 95.553 |
| STOCHd_14_3_3 | 95.521 |
| CCI_20 | 198.523 |
| AO_5_34 | 24.077 |
| MOM_10 | 25.47 |
| MACD_12_26_9 | 11.028 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 253.928 | Buy |
| MA_10 | 241.107 | Buy |
| MA_20 | 237.901 | Buy |
| MA_60 | 205.967 | Buy |
| MA_200 | 174.145 | Buy |
| MA_250 | 165.357 | Buy |