As of August 4, 2026, STLD is showing a Cup and Handle pattern with 91% confidence on the daily timeframe. SCTR 16.0 (bullish zone), Confirmed Bull trend. EdgeOS buy trigger $253.33 · Target $260.05 · Stop $249.19.
Yes. STLD is currently showing a Cup and Handle pattern with 91% confidence on the daily timeframe (detected 8/4/2026).
The STLD Cup and Handle has a confidence score of 91%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.
STLD's EdgeOS buy trigger is $253.33, target $260.05 (Saty ATR +1), stop below $249.19.
The Cup and Handle has a historical win rate of 68% when traded with proper volume confirmation and stop placement. Average time to target: 35 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.
Open STLD on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.
Pattern data updated nightly · For informational purposes only · Not investment advice