Pretiming: STLD. Steel Dynamics, Inc. stock 10-Day forecast and technical analysis by pretiming.

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STLD. Steel Dynamics, Inc. stock 10-Day forecast and technical analysis by pretiming.


STLD Stock 10-Day forecast and technical analysis by pretiming.

Closed price

Mar 03, 2023

136.06

2.39%

Appropriate Investment Position: Sell

Today's stock price Buy-Sell strength analysis

The current trend is an Entering Adjustment trend. The OPEN-price began with a stronger upward rate than the current trend and The HIGH and LOW prices are weak HIGH-price &, weak LOW-price and then, the CLOSE-price closed with a suitable upward rate for the current trend.

The overall buy-and-sell strength is that the buy strength is stronger than the sell.

Assuming that the average buy strength is 100%,

Today's buy strength is

91%

 

 

Tomorrow's stock price Buy-Sell strength Forecast

It looks like an Entering Adjustment trend tomorrow

Forecast the %strength of Risk & Return:

5%

 

HIGH ~ LOW % range:

2.0%

~

-0.4%

Predicted Average loss over the next 3 days:

-1.5%

The similarity between the rise and fall of the US stock

market and STLD stock price is

69%

 

 

STLD stock price 10 Day forecast

The Buy-Sell strength is suitable for the current trend and it's about to begin an adjustment trend as an upward trend gradually gives way to a slowdown in rises and falling fluctuations in a bullish zone.

It's a timing for risk management and a suitable investing position is 'Sell(Bearish)' for now. approximately appropriate selling timing is predicted to be today or tomorrow.

The selling date is

Mar 06

 

 

A good price to sell a stock:

$ 137.91

 

 

And appropriate buying timing is predicted to be in 4 days.

The buying date is

Mar 08

to

Mar 09

A good price to buy a stock:

$ 128.80

 

 

(Forecast may change due to changes in the Buy-Sell strength)

Forecast Variability in pretiming

pretiming forecasting is a condition of low volatility. because they maintain the proper flow of the Buy-Sell strength in the current trend.

Forecast of Trend Average Strength % over the next 10 days

Upward %:

10%

(Max 100%)

Downward %:

-24%

(Min -100%)

Forecast of Upper~Lower price range over the next 10 days

Price:

129.14

~

139.52

% Change:

-5.1%

~

2.5%

Median price between the upper and lower prices

134.33

-1.3%

Prediction of Stock price trend turning point

=> Approximately In 2 days, In 8 days

Prediction of the %strength of Risk & Return

In 1 day

5%

In 6 days

27%

In 2 days

-38%

In 7 days

12%

In 3 days

-50%

In 8 days

-76%

In 4 days

-50%

In 9 days

50%

In 5 days

27%

In 10 days

100%

Trend and HIGH ~ LOW % range forecast

In 1 day: Entering Adjustment Trend

2.0%

-0.4%

In 2 days: Entering Adjustment Trend

0.4%

-1.5%

In 3 days: Adjustment Trend

1.0%

-3.0%

In 4 days: Adjustment Trend

1.0%

-3.0%

In 5 days: Adjustment Trend

1.3%

-1.0%

CLOSE average in case of rising:

 

2.3%

=> HIGH ~ LOW range:

3.3%

~

-1.0%

Daily return rate in case of rising:

 

2.4%

CLOSE average in case of falling:

 

-1.3%

=> HIGH ~ LOW range:

1.3%

~

-2.3%

Daily loss rate in case of falling:

 

-1.6%

The gap between return and loss:

 

0.8%

Stock forecast is based on the buy-sell strength analysis of pretiming. Get detailed information including best stocks to buy, stock price target and investment strategy, Bearish & Bullish stock trend analysis, stock technical analysis.