NUCOR CORP (NUE)
US6703461052 - Common Stock
We assign a technical rating of 3 out of 10 to NUE. Recently some decent action could be observed, but in the medium term time frame this is still negative. NUE was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, NUE is a bad performer in the overall market: 74% of all stocks are doing better.
NUE is one of the lesser performing stocks in the Metals & Mining industry. 62% of 157 stocks in the same industry do better.
NUE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NUE has a been trading in the 140.41 - 170.52 range, which is quite wide. It is currently trading near the lows of this range.
NUE has an average volume of 1893660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Although the technical rating is bad, NUE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 141.36, a Stop Loss order could be placed below this zone.
More info and screens
134.78
169.43
We found 1 important support area.
- A support zone ranging from 136.14 to 141.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @158.85 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 165.51 to 167.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.63
Mansfield-2.1
10 Day High168.42
10 Day Low143.71
20 Day High170.52
20 Day Low140.42
52 Week High203
52 Week Low133.42
Performance
1 Week-2.65%
2 Weeks-11.67%
1 Month4.6%
3 Month0.3%
6 Month-13.49%
12 Month-5.72%
2 Year-1.19%
3 Year39.44%
5 Year162.9%
10 Year176.28%
15 Year249.38%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.73
RSI(14)48.14
LBB136.26
UBB166.2
NUCOR CORP
NYSE:NUE (11/21/2024, 12:58:09 PM)
149.37
+1.2 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.81%
1 Week-2.65%
2 Weeks-11.67%
1 Month4.6%
3 Month0.3%
6 Month-13.49%
12 Month-5.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.74
ATR(20)%3.57%
ATR Inc
Range Today3.45
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High168.42
10 Day Low143.71
20 Day High170.52
20 Day Low140.42
52 Week High203
52 Week Low133.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume360.75K
Volume Incr-25.49%
Vol(5)1.79M
Vol(50)1.89M