Stock analysis, trade plans, and proprietary indicators by Trend Edge.
Trend Edge Setup Score
Trend Edge rates STLD Bullish with a Setup Score of 54, net conviction 57, actionability 52. How the Setup Score works →
Total Setup Score
54
Directional Bias
Bullish
Net Conviction
57
Actionability
52 (in range)
Key signals behind this score
40wk Uptrend — rising+above (sma 210 vs px 229)
80wk Uptrend — rising+above (sma 172 vs px 229)
200wk Uptrend — rising+above (sma 139 vs px 229)
Funds Accumulating — momZ +2.95 · 10.51→11.54
Seasonal Tailwind — october med 5.3% (mag 3/3) · posClose 68.97% (rel 2/3) · n29 ×0.75 = 7
Founder-Led — founder/CEO led
About Steel Dynamics Inc
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through four segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations. The Steel Operations segment offers hot rolled, cold rolled, and coated steel products; parallel flange beams and channel sections, large unequal leg angles, and reinforcing steel bars, sta… Read full Trend Edge analysis →
Sector: Basic Materials
Industry: Steel
Exchange: NASDAQ
IPO Date: November 21, 1996
Headquarters: 7575 West Jefferson Boulevard, Fort Wayne, IN, United States, 46804
Founder-Led: Yes — Mark Millett (Co-Founder, Chairman & CEO)
Key Metrics
Current Price
$231.08
Market Cap
$31.39B
Float
133.5M
Shares Outstanding
143.3M
P/E (Forward)
13.35
P/E (TTM)
20.96
Price/Sales (TTM)
1.53
vs. Analyst Target
+18.0% to analyst PT
Profit Margin
7.83%
Operating Margin (TTM)
11.50%
Revenue (TTM)
$20.54B
Earnings Growth (YoY)
83.60%
Dividend Rate
2.1%
Analyst Target Price
$272.64 (14 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$9.60B
$551M
$1.43B
$1.13B
2021
$18.41B
$3.21B
$5.36B
$4.61B
2022
$22.26B
$3.86B
$6.12B
$5.50B
2023
$18.80B
$2.45B
$4.05B
$3.15B
2024
$17.54B
$1.54B
$2.80B
$2.52B
2025
$18.18B
$1.19B
$2.36B
$2.11B
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Sep 2025
$4.83B
$404M
Dec 2025
$4.41B
$266M
Mar 2026
$5.20B
$403M
Jun 2026
$6.09B
$534M
Ownership & Float
Insider Ownership
6.6%
Institutional Ownership
86.2%
Short Float
3.0%
% of All Funds Holding
11.54%
Number of Funds Holding
1,015
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$240.62
Near-term / short-term trend
Weekly
40-Week SMA
$210.03
Medium-term trend
Weekly
80-Week SMA
$171.61
Cyclical trend (business cycle)
Weekly
200-Week SMA
$139.22
Secular trend (multi-year)
Monthly
10-Month SMA
$209.06
Near-term monthly trend
Monthly
20-Month SMA
$170.72
Medium-term monthly trend
Monthly
40-Month SMA
$146.11
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$227.00
support
1.01x
0 months ago
$257.00
resistance
1.07x
1 months ago
$115.00
support
1.23x
18 months ago
Historical Earnings Reactions (119 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.53%
0.46%
66.39%
8.46%
-4.69%
1 Day
0.79%
0.53%
54.62%
22.65%
-8.42%
1 Week
2.63%
2.17%
64.71%
28.38%
-11.73%
2 Weeks
3.39%
2.66%
65.55%
62.89%
-15.07%
1 Month
2.88%
3.36%
65.25%
35.86%
-29.47%
Next earnings: October 19, 2026 (54 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
5.7%
53.3%
30
Feb
2.7%
60.0%
30
Mar
2.2%
56.7%
30
Apr
3.7%
66.7%
30
May
-0.3%
46.7%
30
Jun
-1.2%
36.7%
30
Jul
5.7%
76.7%
30
Aug
-3.9%
41.4%
29
Sep
-3.2%
44.8%
29
Oct
5.0%
69.0%
29
Nov
3.7%
65.5%
29
Dec
2.2%
63.3%
30
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
-0.02%
48.8%
1408
Tuesday
0.22%
51.8%
1537
Wednesday
0.06%
49.5%
1535
Thursday
0.04%
48.6%
1505
Friday
0.17%
50.5%
1497
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 86.2%
Insider Transactions — Smart Summary
Total insider ownership: 6.6%
Founder-led management: Mark Millett (Co-Founder, Chairman & CEO)
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Steel Dynamics Inc
(STLD) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.