Steel Dynamics's 15min chart shows MACD Death Cross and KDJ Death Cross signals.

Steel Dynamics's 15-minute chart has recently triggered a MACD Death Cross and a KDJ Death Cross, which occurred at 13:30 on October 27, 2022. This technical indicator suggests that the stock price has the potential to continue its downward trend, with the momentum shifting towards the downside. Consequently, there is a possibility that the stock price may further decrease in the near future.