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Why is STLD stock moving?

Steel Dynamics, Inc. · end-of-day data as of Oct 16, 2026

Steel Dynamics, Inc.
STLD · $34.48B
$240.54-2.4%last 60 sessions · close Oct 16, 2026
$141.13$281.4552 weeks
Buy · 14 analystsPT $245.72 +2.2%
  • P/E vs own+9.4%
  • P/E vs sector-7.5%
  • Target upside+2.2%
  • Off 52w high-14.5%
  • InsidersNone in 90d
  • FCF yield+2.8%
  • Earnings in3d
  • Trendbearish
  • Sector→ -3.0%
  • RSI54
  • MA20×50↑ in ~10d
  • Volume1.1x
  • Support-4.5%
  • Resistance+1.2%

The move, split

Steel Dynamics, Inc. (STLD) fell 0.1% on Oct 16, 2026.

The market (SPY) fell 1.1%; Basic Materials stocks rose 0.3%. Most of the move came from its sector.

Market (SPY)-1.1%
Basic Materials sector+1.4%
STLD specific-0.4%

0 stories on the day (30-day average 1.1).

Market = SPY. Sector = equal-weight average of the tracked companies in the same sector, net of the market.

Context

  • News0.00
  • Volume1.1x
  • Off 52w high-14.5%
  • Sector→ -3.0%
  • Earnings in3d

Latest news

Sentiment classified by AI from the headline (green positive, red negative). Links open the publisher.