Steel Dynamics (STLD, $116.06) Moving Average Convergence Divergence (MACD) Histogram turned negative on April 3, 2025

#Steel, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #LargeCap, #SP500
STLD - Steel Dynamics
MACD signal
Bearish Trend
75%
Odds of DOWN Trend
Price: $116.06
Daily change: -$11.3 (-8.87%)
Daily volume: 1.9M
Capitalization: $17.4B
Industry: Steel

This is a Bearish indicator signaling STLD's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 51 similar cases where STLD's MACD histogram became negative, and 38 of them led to successful outcomes. Odds of Success: 75%.