STLD Chart Analysis
$239.79as of 2026-09-11STLD is in a daily downtrend (price below EMA20 (240.94), price below EMA50 (242.37), price above SMA200 (211.99)). The weekly timeframe reads uptrend — timeframes are not aligned. Price sits 17.0% below the 52-week high. Nearest resistance 244.42 (2 touches, 1.9% away). Nearest support 228.94 (3 touches, 4.5% below). Price has held a 3-week base box.
Trend regime by timeframe
- • price below EMA20 (240.94)
- • price below EMA50 (242.37)
- • price above SMA200 (211.99)
- • mixed pivot lows
- • falling pivot highs
- • price above EMA20 (235.27)
- • price above EMA50 (208.04)
- • mixed pivot lows
- • mixed pivot highs
- • price above EMA20 (184.94)
- • rising pivot lows
- • mixed pivot highs
Key support & resistance levels
Levels are clustered from the swing highs and lows of the past year, weighted by the volume traded at each touch. More touches means the market has respected the level more often.
| Level | Type | Tested | From price |
|---|---|---|---|
| $265.55 | Resistance | 1 touch | +10.7% |
| $259.52 | Resistance | 1 touch | +8.2% |
| $251.88 | Resistance | 1 touch | +5.0% |
| $244.42 | Resistance | 2 touches | +1.9% |
| $239.79 | Last close (2026-09-11) | ||
| $228.94 | Support | 3 touches | -4.5% |
| $217.80 | Support | 3 touches | -9.2% |
| $208.47 | Support | 1 touch | -13.1% |
| $201.76 | Support | 1 touch | -15.9% |
Detected chart patterns
2026-07-02 → 2026-08-20
Break level $273.36 · measured objective $330.36
- • lows 216.36 / 218.02 (34 bars apart)
- • neckline 273.36, depth 6.9 ATR
What the levels imply
Conditional paths off the mapped levels — if/then structure, not forecasts.
If: close above resistance 244.42 (2 touches)
Then next objective: $251.88 (+5.0%)
If: close below support 228.94 (3 touches)
Then next objective: $217.80 (-9.2%)
Frequently asked questions
What is STLD's support level?
The nearest mapped support for STLD is $228.94, a level the market has tested 3 times, sitting 4.5% below the last close of $239.79.
What is STLD's resistance level?
The nearest mapped resistance for STLD is $244.42 (2 touches), 1.9% above the last close.
Is STLD in an uptrend or downtrend?
As of 2026-09-11, STLD reads as a daily downtrend (price below EMA20 (240.94); price below EMA50 (242.37); price above SMA200 (211.99)). This is a structural description of price history, not a prediction.
Does STLD have any chart patterns right now?
STLD currently shows a forming double bottom, with a break level at $273.36 and a measured objective of $330.36.
See the full picture in SignalFin
The annotated chart behind this analysis — levels, patterns, and bases drawn on real candlesticks — plus live swing setups, an AI analyst, and daily scans across the whole index.
Open SignalFinEvery number on this page is computed from STLD's price history and refreshed each trading day (data as of 2026-09-11). Nothing here is a prediction or investment advice — scenarios are conditional descriptions of mapped levels. See our disclaimer and data sources.
