NUCOR CORP (NUE) Stock Technical Analysis
NYSE:NUE - New York Stock Exchange, Inc. - US6703461052 - Common Stock
We assign a technical rating of 1 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than NUE.
NUE is one of the lesser performing stocks in the Metals & Mining industry. 77% of 154 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 112.25 - 127.73 range, which is quite wide. It is currently trading near the high of this range.
NUE has an average volume of 2305970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NUE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 125.08. Right above this resistance zone may be a good entry point.
More info and screens
113.34
167.80
When analyzing the support we notice one important area.
- A support zone ranging from 114.48 to 115.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 125.08 to 125.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @143.89 from a trend line in the weekly time frame.
- A resistance zone ranging from 164.31 to 166.14. 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
CRS13.07
Mansfield-2.89
10 Day High127.74
10 Day Low116.24
20 Day High127.74
20 Day Low112.25
52 Week High203
52 Week Low112.25
Performance
1 Week1.78%
2 Weeks8.33%
1 Month6.03%
3 Month-11.59%
6 Month-22.26%
12 Month-28.57%
2 Year-26%
3 Year23.34%
5 Year163.36%
10 Year186.53%
15 Year206.54%
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)1.93
RSI(14)50.11
LBB113.21
UBB126.99
NUCOR CORP
NYSE:NUE (1/21/2025, 8:17:41 PM)
Premarket: 126 +0.93 (+0.74%)125.07
+0.54 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.43%
1 Week1.78%
2 Weeks8.33%
1 Month6.03%
3 Month-11.59%
6 Month-22.26%
12 Month-28.57%
2 Year-26%
3 Year23.34%
5 Year163.36%
10 Year186.53%
15 Year206.54%
Volatility
ATR(14)3.48
ATR(20)%2.74%
ATR Inc-8.77%
Range Today3.63
ADR(20)3.22
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.07
Mansfield-2.89
10 Day High127.74
10 Day Low116.24
20 Day High127.74
20 Day Low112.25
52 Week High203
52 Week Low112.25
CS1 End115.45
CR1 Start125.08
Volume & EV
DER(3)-0.85%
DER(5)-0.42%
Volume2.22M
Volume Incr-26.08%
Vol(5)1.96M
Vol(50)2.31M