In trading on Tuesday, shares of Steel Dynamics Inc. (Symbol: STLD) crossed below their 200 day moving average of $129.30, changing hands as low as $128.69 per share. Steel Dynamics Inc. shares are currently trading off about 3.3% on the day. The chart below shows the one year performance of STLD shares, versus its 200 day moving average:
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Looking at the chart above, STLD's low point in its 52 week range is $103.17 per share, with $155.56 as the 52 week high point — that compares with a last trade of $128.86. The STLD DMA information above was sourced from TechnicalAnalysisChannel.com
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
