NUCOR CORP (NUE) Stock Technical Analysis
NYSE:NUE - New York Stock Exchange, Inc. - US6703461052 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to NUE. NUE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NUE is a bad performer in the overall market: 77% of all stocks are doing better.
NUE is one of the lesser performing stocks in the Metals & Mining industry. 75% of 152 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. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
NUE has an average volume of 2722350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NUE has a been trading in the 97.59 - 127.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NUE has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
114.56
167.80
6 important resistance areas can be observed.
- A resistance zone ranging from 115.73 to 115.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 124.30 to 126.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @129.76 from a trend line in the daily time frame.
- Resistance @153.35 from a trend line in the weekly time frame.
- Resistance @162.50 from a horizontal line in the weekly time frame.
- Resistance @166.14 from a horizontal line 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
CRS23.48
Mansfield-1.7
10 Day High116.26
10 Day Low105.92
20 Day High127.93
20 Day Low97.59
52 Week High176.6
52 Week Low97.59
Performance
1 Week4.72%
2 Weeks5.74%
1 Month-9.22%
3 Month-5.28%
6 Month-18.2%
12 Month-34.03%
2 Year-21.91%
3 Year-25.24%
5 Year180.94%
10 Year136.84%
15 Year155.34%
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)1.23
RSI(14)49.84
LBB103.3
UBB117.39
115.72
+0.43 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.37%
1 Week4.72%
2 Weeks5.74%
1 Month-9.22%
3 Month-5.28%
6 Month-18.2%
12 Month-34.03%
2 Year-21.91%
3 Year-25.24%
5 Year180.94%
10 Year136.84%
15 Year155.34%
Volatility
ATR(14)5.83
ATR(20)%5.35%
ATR Inc-53.78%
Range Today2
ADR(20)5.5
ADR(20)%4.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.48
Mansfield-1.7
10 Day High116.26
10 Day Low105.92
20 Day High127.93
20 Day Low97.59
52 Week High176.6
52 Week Low97.59
CS1 EndN/A
CR1 Start124.66
Volume & EV
DER(3)0.69%
DER(5)0.31%
Volume1.56M
Volume Incr-43.28%
Vol(5)1.76M
Vol(50)2.72M