Decline depth
-24.1%
From rolling 252-day high of $288.74, 66d ago.
Past the 20% Watch threshold.
-24.1%
from rolling 252-day high of $288.74 set 2026-06-15 · 66d ago
Current
$219.00
Decline depth
-24.1%
Decline σ
7.1σ
TFC
2/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$STLD landed on the list 2026-03-22, down 20.1% from its 52-week high that day — now down -24.1%.
It has clawed back 29.8 percentage points off that level. It bottomed 20.1% below that high along the way.
Decline from the 52-week high as it stood on 2026-03-23 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
STLD qualifies for the Amber List on decline depth.
Time-frame continuity
2/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
7.1σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (2.85% per day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about STLD.
STLD qualifies for the Amber List on decline depth — down -24.1% from its rolling 252-day high.
Cross-confirmation: decline sigma also reads 7.1σ over 20 bars.
Earnings on file: 2026-04-20. Tiering is unaffected by earnings dates — listings reflect price structure only.
Questions about STLD
What people ask.
Why is STLD on Broken Stocks?
STLD qualifies for the Amber List on decline depth. It is down -24.1% from its rolling 252-day high of $288.74, set on 2026-06-15 — 66d ago.
Is STLD a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. STLD is down -24.1% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is STLD a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is STLD trading inside its 52-week range?
At $219.00, STLD sits 100.0% of the way from its 52-week low ($103.17) to its 52-week high ($208.47). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has STLD been declining?
The current 24.1% decline accrued over 66d, which annualizes to roughly -133.3% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does STLD compare to its sector?
There are 58 other Basic Materials tickers on Broken Stocks: 24 Red, 16 Amber, 18 Watch, with 17 showing recovering structural signals. Median sector decline is -33.5% — STLD's decline is shallower than the sector median.
Does STLD's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-04-20) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.