Steel Dynamics's 15min chart triggered MACD Death Cross, KDJ Death Cross

Monday, Nov 10, 2025 10:47 am ET1min read

Based on the 15-minute chart for Steel Dynamics, there have been two significant indicators that suggest a downward trend in the stock price. Firstly, the Moving Average Convergence Divergence (MACD) has triggered a Death Cross, which indicates that the short-term moving average has crossed below the long-term moving average, suggesting a bearish trend. Secondly, the KDJ (Stochastic Oscillator) has also triggered a Death Cross, which suggests that the momentum of the stock price is shifting towards the downside and has the potential to further decrease. Therefore, investors should be cautious of the stock's potential to continue falling.

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