STLD Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Steel Dynamics Inc (STLD) Moving Averages Convergence Divergence (MACD) indicator is 12.189, suggesting STLD is Strong Buy.

Steel Dynamics Inc (STLD) 20-Day simple moving average is 222.088, while Steel Dynamics Inc (STLD) share price is $235.97, making it Buy.

Steel Dynamics Inc (STLD) 60-Day simple moving average is 195.994, while Steel Dynamics Inc (STLD) share price is $235.97, making it Buy.

Technical Analysis for STLD

Technical Sentiment Analysis for Steel Dynamics Inc (STLD) As of 2026-05-11, Steel Dynamics Inc (STLD) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 9 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for STLD stands at 70.306, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 12.189, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 71.752 and the Commodity Channel Index (CCI) at 82.316 further confirm a 10.93 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, STLD is trading above its 60-day moving average of $195.994 and above its 200-day long-term moving average of $166.697. Key price levels to watch include the immediate resistance at $243.705 and strong support at $220.79. A break above $243.705 could signal a bull continuation, while falling below $220.79 may test the next Fibonacci floor at $209.343.

Steel Dynamics Inc (STLD) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	197.875	209.343	220.79	232.258	243.705	255.173	266.62
Fibonacci	209.343	218.096	223.504	232.258	241.011	246.419	255.173

Steel Dynamics Inc (STLD) Technical Indicators

2026-05-11

Name	Value
RSI_14	70.306
STOCHk_14_3_3	71.752
STOCHd_14_3_3	80.973
CCI_20	82.316
AO_5_34	32.691
MOM_10	10.93
MACD_12_26_9	12.189

Steel Dynamics Inc (STLD) Relative Strength Index (RSI) is 70.306, creating a Sell signal.

Steel Dynamics Inc (STLD) Stochastic Oscillator is 71.752, creating a Neutral signal.

Steel Dynamics Inc (STLD) Stochastic RSI is 80.973, creating a Sell signal.

Steel Dynamics Inc (STLD) Commodity Channel Index (CCI) is 82.316, creating a Neutral signal.

Steel Dynamics Inc (STLD) Awesome Oscillator is 32.691, creating a Buy signal.

Steel Dynamics Inc (STLD) Momentum is 10.93, creating a Buy signal.

Steel Dynamics Inc (STLD) MACD is 12.189, creating a Buy signal.

Steel Dynamics Inc (STLD) Moving Average

2026-05-11

Period	Simple	Signal
MA_5	236.66	Sell
MA_10	232.238	Buy
MA_20	222.088	Buy
MA_60	195.994	Buy
MA_200	166.697	Buy
MA_250	159.696	Buy

Steel Dynamics Inc (STLD) 5-Day simple moving average is 236.66, while Steel Dynamics Inc (STLD) share price is $235.97, making it a Sell.

Steel Dynamics Inc (STLD) 10-Day simple moving average is 232.238, while Steel Dynamics Inc (STLD) share price is $235.97, making it a Buy.

Steel Dynamics Inc (STLD) 20-Day simple moving average is 222.088, while Steel Dynamics Inc (STLD) share price is $235.97, making it a Buy.

Steel Dynamics Inc (STLD) 60-Day simple moving average is 195.994, while Steel Dynamics Inc (STLD) share price is $235.97, making it a Buy.

Steel Dynamics Inc (STLD) 200-Day simple moving average is 166.697, while Steel Dynamics Inc (STLD) share price is $235.97, making it a Buy.

Steel Dynamics Inc (STLD) 250-Day simple moving average is 159.696, while Steel Dynamics Inc (STLD) share price is $235.97, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for STLD?

The overall technical consensus for Steel Dynamics Inc (STLD) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 1 sell signals.

What are the key support and resistance levels for Steel Dynamics Inc (STLD) today?

Based on pivot point calculations, Steel Dynamics Inc (STLD) has an immediate support level at 220.79 and a major resistance level at 243.705. Traders also monitor the pivot point at 232.258 to determine the intraday trend direction.

Is Steel Dynamics Inc (STLD) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Steel Dynamics Inc (STLD) is currently 70.306. This indicates that the stock is in overbought territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Steel Dynamics Inc (STLD)?

Steel Dynamics Inc (STLD) Moving Averages Convergence Divergence (MACD) indicator is 12.189, suggesting STLD is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Steel Dynamics Inc.

How is Steel Dynamics Inc (STLD) performing relative to its 200-day moving average?

Steel Dynamics Inc (STLD) is currently trading at $235.97, which is above its 200-day simple moving average of 166.697. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.