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Updated 11/20/2009  
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STLD
STEEL DYNAMICS INC
Daily Commentary

Our system posted a HOLD today. The previous BUY recommendation was issued on 11.16.2009 (4) days ago, when the stock price was 15.2000. Since then STLD has gained 6.25% .

The previous SELL-IF signal is now null and void. We allowed two days for the confirmation of the bearish pattern and market denied confirmation. None of the three bearish confirmation conditions were realized.

Continue to hold the stock and wait for a new signal.

Do not bother yourself with further buying or selling as long as the HOLD tag stays. Keep away from short selling as well.

Data provided by:  End of Day Data

 
HOLD
16.150
-0.1300 -0.80%
Candlestick Analysis
Today’s Candlestick Patterns:
White Spinning Top
Candlestick Pattern

Today a White Spinning Top was formed. This represents complete indecision between the bulls and the bears.
For more about this candlestick click here.


 
 
Stock Quote
Day's Close 16.150
Previous Close 16.280
Previous Open 16.260
Change -0.1300
% Change -0.80%
Volume 6,378,479
 
Stock Activity
Day's Open 16.040
Day's High 16.260
Day's Low 15.820
20-Day Close M.A. 14.716
50-Day Close M.A. 15.519
65-Day Volume M.A. 7,595,589
 

Two-Year Signal History
Date          Price   Signal $100
Became
11.16.09 15.200    Buy 1,932
11.12.09 14.840    Sell 1,932
11.03.09 13.480    Buy 1,754
10.19.09 15.390    Sell 1,754
10.05.09 14.500    Buy 1,653
09.17.09 17.870    Sell 1,653
08.20.09 16.140    Buy 1,493
08.10.09 17.350    Sell 1,493
07.28.09 16.420    Buy 1,413
07.23.09 16.340    Sell 1,413
07.09.09 13.250    Buy 1,146
06.30.09 15.070    Sell 1,146
06.24.09 14.750    Buy 1,121
06.12.09 16.260    Sell 1,121
06.08.09 14.770    Buy 1,019
06.03.09 14.190    Sell 1,019
05.18.09 11.630    Buy 835
05.07.09 13.500    Sell 835
04.09.09 10.180    Buy 630
04.07.09 9.780    Sell 630
04.01.09 8.810    Buy 567
03.27.09 9.400    Sell 567
03.19.09 7.910    Buy 477
03.17.09 7.000    Sell 477
03.04.09 8.395    Buy 572
02.10.09 12.990    Sell 572
01.27.09 11.000    Buy 485
01.20.09 11.090    Sell 485
01.15.09 10.620    Buy 464
01.07.09 12.990    Sell 464
12.26.08 10.630    Buy 380
12.15.08 11.240    Sell 380
11.24.08 6.325    Buy 214
11.17.08 7.850    Sell 214
11.13.08 7.850    Buy 214
11.03.08 11.900    Sell 214
10.20.08 9.210    Buy 165
09.23.08 21.140    Sell 165
09.11.08 21.350    Buy 167
09.08.08 22.080    Sell 167
08.27.08 24.030    Buy 182
08.08.08 28.030    Sell 182
08.06.08 27.880    Buy 181
07.15.08 32.970    Sell 181
07.10.08 33.200    Buy 182
07.02.08 38.090    Sell 182
06.30.08 38.750    Buy 185
06.17.08 39.350    Sell 185
06.04.08 35.690    Buy 168
05.23.08 37.000    Sell 168
05.13.08 34.770    Buy 158
05.09.08 35.580    Sell 158
04.16.08 35.990    Buy 160
04.02.08 34.360    Sell 160
03.24.08 33.130    Buy 154
03.07.08 30.900    Sell 154
02.08.08 24.975    Buy 124
01.15.08 27.415    Sell 124
01.10.08 26.425    Buy 120
12.31.07 30.230    Sell 120
12.06.07 25.340    Buy 101
12.04.07 25.000    Sell 101
11.28.07 24.050    Buy 97
11.26.07 24.520    Sell 97
11.06.07 25.345    Buy 100
11.01.07 26.245    Sell 100
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