STOCKSTEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)Updated 2026-08-23
Here’s whether Steel Dynamics Inc (STLD) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Neutral.
🔵
Neutral
Positives: trading above the 200-day MA (long-term uptrend intact); strong 1-year return of +81.8%. Concerns: below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-1.45% over 10 days). Currently 20.8% off its 52-week high. Score: +1/7.
STLD is holding above its long-term 200-day MA ($206.16) but has slipped below the 50-day MA ($246.90), pointing to short-term weakness in an otherwise intact trend. An RSI of 32.2 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +81.8% compares to +20.5% for SPY (beat the market by 61.4%). The current 20.8% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.
$10,000 invested 1 year ago→ $18,184 today
vs. S&P 500 (SPY) — same period beat market by 61.4%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✓Above 200-day MA ($206.16)
✗Above 50-day MA ($246.90)
✓RSI(14) neutral zone (30–70) — currently 32.2
✓Positive return (+81.8%)
!Within 10% of period high (−20.8%)
Period Range $228.68
$124.77$288.74
RSI (14) 32.2
0 · OversoldOverbought · 100
Key Metrics
Price$228.68
Period Return+81.8%
Period High$288.74
Period Low$124.77
Drawdown−20.8%
MA-50$246.90
MA-200$206.16
RSI (14)32.2
Avg Volume (30d)1.2M
vs. SPYbeat by 61.4%
Return Rank#161 of 999
Trend Signals
Price is above the 200-day moving average ($206.16)
Price is below the 50-day moving average ($246.90)