Bullish Two Hundred Day Moving Average Cross - STLD
In trading on Wednesday, shares of Steel Dynamics Inc. (Symbol: STLD) crossed above their 200 day moving average of $127.88, changing hands as high as $129.42 per share. Steel Dynamics Inc. shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of STLD shares, versus its 200 day moving average:
Looking at the chart above, STLD's low point in its 52 week range is $104.60 per share, with $155.56 as the 52 week high point — that compares with a last trade of $128.14. The STLD DMA information above was sourced from TechnicalAnalysisChannel.com
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