STLD Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: STLD's stable demand, combined with a flat volatility term structure, indicates potential upside, especially if forthcoming earnings exceed expectations, supporting a continuation of the stock's mean-reverting tendencies.




Bearish Case: Persistently high steel inventory levels and declining demand might suppress STLD's price, especially in light of predictions of reduced earnings from other steelmakers, indicating a potential downturn.




Potential Outcomes:

1. Positive earnings surprise: 30% chance of a 10% rally.

2. Earnings in line with expectations: 50% chance of minor fluctuations (±5%).

3. Earnings miss: 20% chance of a price drop by 10% due to market concerns about steel demand.




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October 20, 2024


Steel Dynamics Forecast

STLD        Steel Dynamics











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