STLD

STLD (STLD) — Downtrend in force

STLD (STLD) is trading at $239.71, +17.81 (+-55.2%) on the session. Over the last 128 sessions the trend is down with a +35.8% move. Price is -15.2% from its 6-month high and +35.8% from its 6-month low. Annualised volatility (30-day) is ~34%.

Trend Downtrend in force

STLD (STLD) is trading at $239.71. Over the last 128 sessions the trend is **down** with a +35.8% move.

Price is -15.2% from the 6-month high and +35.8% from the low. Annualised volatility (30-day) is ~34%.

Price is above the 15-day MA ($233.25, +2.8%) and below the 50-day SMA ($242.54).

Bollinger Bands Inside the bands — range-bound

Bollinger Bands (20, 2): price is at $239.71, upper $246.64, middle $234.50, lower $222.37. Price is inside the bands — range-bound.

Bandwidth is 10.3% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.

RSI (14) Healthy pullback

RSI(14) is 54.9. Above 50 — bullish momentum intact, no exhaustion.

Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.

MACD (12, 26, 9) Bullish — fast line above signal

MACD (12, 26, 9): line $-1.96, signal $-2.93, histogram +0.975.

The fast line is above the signal line and the histogram is positive — a bullish configuration. Momentum is expanding.

Volume Analysis Distribution — sellers in control

Down-day volume exceeds up-day volume (ratio 0.72). Price falls on heavier volume than it rises on — sellers are more aggressive than buyers.

Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.

Smart Money (A/D) Smart money distributing

The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.

A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.

Anchored VWAP Above anchored VWAP — period buyers in profit

Price ($239.71) is +0.6% above the anchored VWAP ($238.30). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.

Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.

Key Levels 3 resistance / 3 support levels

Current price $239.71. Resistance above: $239.81, $244.25, $247.10. Support below: $234.50, $232.11, $229.04.

Watch $239.81 as the first upside level to clear, and $234.50 as the first downside level to hold. A clean break of either often determines the next leg.

Signal breakdown

• Trend (6mo) Bearish Linear-regression slope is down (+35.8% over the period).
• Price vs 50-day SMA Bearish Price is below the 50-day SMA ($242.54).
• RSI (14) Bullish RSI 55 — holding above 50, momentum intact.
• MACD (12,26,9) Bullish Histogram positive (+0.975) — fast line above signal.
• Bollinger %B Bullish Price in the upper half of the bands (%B 0.71).
• Volume profile Bearish Down-day volume exceeds up-day (ratio 0.72) — distribution.
• A/D line Bearish A/D line slope is falling — distribution pressure.
• AVWAP Bullish Price above anchored VWAP ($238.30).

Generated from 128 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-06T15:33:32.566351524Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.