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Bullish Two Hundred Day Moving Average Cross - STLD

By Metals Channel Staff, Wednesday, November 1, 4:25 PM ET
Play Video: Learn About The 200 DMA


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In trading on Wednesday, shares of Steel Dynamics Inc. (NASDAQ:STLD) crossed above their 200 day moving average of $107.23, changing hands as high as $109.35 per share. Steel Dynamics Inc. shares are currently trading up about 2.4% on the day. The chart below shows the one year performance of STLD shares, versus its 200 day moving average:

Steel Dynamics Inc. 200 Day Moving Average Chart

Looking at the chart above, STLD's low point in its 52 week range is $90.549 per share, with $136.46 as the 52 week high point — that compares with a last trade of $109.02. The STLD DMA information above was sourced from TechnicalAnalysisChannel.com


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