STLD Stock Analysis: Steel Dynamics, Inc.

Updated Nov 4, 2026, after the Nov 3 close. Nasdaq, Steel. Refreshed every trading day after the nightly scan.

$247.66 -1.69% Nov 3 close

The short answer

As of the Nov 3, 2026 close, QuantivFlow's Trend algo rates STLD EXIT on the short-term (daily) horizon, a stance it has held since Aug 18, 2026 at $249.81. The mid-term (weekly) and long-term (monthly) horizons read BUY and BUY. The Rebound algo's last dip trade closed on Oct 2, 2026 at $231.99; it holds no dip position now. The Patterns algo has no active chart pattern on the daily or weekly chart. The daily RSI (14) is 55, and the price sits 3.9% above the 50-day average and 10.7% above the 200-day.

Three algos, three opinions is normal: Trend follows the established direction, Rebound buys sharp dips inside it, Patterns reads the chart shape. Not investment advice.

What Trend meansA trend-following algo. BUY while an uptrend holds on that horizon, EXIT when it breaks. Long only, judged on daily, weekly and monthly candles.
What Rebound meansA dip-buying algo. BUY after a sharp short-term drop in an otherwise healthy stock, EXIT once price closes back above its 12-day average. Short term and Mid term profiles.
What Patterns meansA chart-shape detector. Finds wedges, double tops and bottoms, cup and handle and more, marks the breakout or breakdown and measures the textbook price target. Full method

Trend

rides uptrends, long only
Short term (daily)EXIT
Mid term (weekly)BUY
Long term (monthly)BUY

Daily EXIT since Aug 18, 2026 at $249.81. Weekly BUY since Dec 19, 2025 at $172.84. Monthly BUY since Nov 2016.

Rebound

buys sharp dips
Short termEXIT
Mid termEXIT

Short term: the last dip trade closed on Oct 2, 2026 at $231.99; no open dip position. Mid term: the last dip trade closed on Jul 24, 2026 at $247.11; no open dip position. The exit comes when price closes back above its 12-bar average or after 10 bars.

Patterns

chart shapes with targets
Daily: Double bottomINVALIDATED
Daily: RectangleINVALIDATED

The daily double bottom that broke out on Oct 29, 2026 was invalidated on Oct 31, 2026. The daily rectangle that broke out on Oct 21, 2026 was invalidated on Oct 23, 2026.

Daily indicators at the Nov 3 close

Read from the daily chart. The weekly and monthly readings are in the app.

MomentumValueRead
RSI (14)55.1neutral
MACD / signal3.51 / 2.71above signal, falling
ADX (14)10.9no clear trend
+DI / -DI22.4 / 25.1sellers lead
ATR (14)8.453.4% of price
Price levelsValuevs price
SMA 20243.39+1.8%
SMA 50238.45+3.9%
SMA 200223.75+10.7%
Bollinger (20, 2)232.29 to 254.49inside the bands
52-week range148.44 to 287.4071% of range
Volume807K0.8x the 20-day average

How the algos have done on STLD

Closed signals on this stock, from each algo's own history on the horizon named. Past results do not guarantee future results.

Trend, short term (2.9y)
29%win rate
+3.5%avg per trade
7closed trades
Trend, mid term (10y) Not enough closed trades on this stock yet (2 so far; 5 needed).
Trend, long term (20y) Not enough closed trades on this stock yet (1 so far; 5 needed).
Rebound, short term (3.0y)
68%win rate
-0.3%avg per trade
22closed trades
Rebound, mid term (10y)
75%win rate
+3.4%avg per trade
8closed trades
Patterns, all horizons (2y) Not enough measured breaks on this stock yet (2 detected; 5 needed).

Recent signals on STLD

DateAlgoHorizonSignalPriceNote
2026-10-29PatternsDaily Double bottom breakout 251.28target +13.4%, invalidated Oct 31
2026-10-21PatternsDaily Rectangle breakout 245.85target +11.2%, invalidated Oct 23
2026-10-02ReboundShort term EXIT 231.99closed the BUY from Sep 29 at +4.8%
2026-09-29ReboundShort term BUY 221.902-day RSI 2.6
2026-08-31ReboundShort term EXIT 232.62closed the BUY from Aug 14 at -9.1%
2026-08-28ReboundShort term EXIT 234.67closed the BUY from Aug 14 at -8.2%
2026-08-25ReboundShort term EXIT 231.08closed the BUY from Aug 14 at -9.7%
2026-08-18TrendShort term EXIT 249.81closed the BUY from $259.74 at -3.8%
2026-08-14ReboundShort term BUY 255.772-day RSI 6.3
2026-07-28TrendShort term BUY 259.74later closed

The full STLD analysis is in the QuantivFlow app

  • Chart patterns drawn on the chart, with their measured targets
  • RSI, MACD, ADX, moving averages, Bollinger Bands and volume, read for you
  • How each algo has done on STLD: win rate, average gain, every past signal
  • A push notification the day a signal or pattern changes

Free on both stores. Scan the code with your phone, or search "QuantivFlow".

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Questions about STLD

Is STLD in an uptrend right now?

On weekly and monthly candles, yes; not on the others. The daily horizon is EXIT since Aug 18, 2026. The weekly horizon is BUY since Dec 19, 2025. The monthly horizon is BUY since November 2016. Trend is long only: BUY means the uptrend holds on that horizon, EXIT means it broke.

Is STLD oversold?

No. The daily RSI (14) closed at 55.1; the classic oversold line is 30.

What chart pattern is STLD forming?

The daily double bottom that broke out on Oct 29, 2026 was invalidated on Oct 31, 2026. The daily rectangle that broke out on Oct 21, 2026 was invalidated on Oct 23, 2026.

Where is STLD's 200-day moving average?

$223.75 at the Nov 3, 2026 close, with the stock at $247.66, 10.7% above it. The 50-day average is $238.45, 3.9% below the price.

Is STLD a buy today?

QuantivFlow does not give advice. It shows what each algo sees: Trend is EXIT on the daily horizon, Rebound holds no dip position, Patterns sees no active chart pattern. How you weigh the three depends on your horizon and risk tolerance; past signals do not guarantee future results.

Other basic materials stocks

Generated by QuantivFlow after every trading day from the same scan that powers the app. Signals describe what the algos observed on end-of-day data, not what you should do. QuantivFlow is not a broker or an investment adviser. Trading involves risk, including the loss of principal.

Data as of Nov 3, 2026 close. Page updated Nov 4, 2026 04:00 UTC. Machine-readable version: quantivflow.com/stocks/STLD.json