NUCOR CORP (NUE)
US6703461052 - Common Stock
Taking everything into account, NUE scores 0 out of 10 in our technical rating. 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: 89% of all stocks are doing better.
NUE is one of the lesser performing stocks in the Metals & Mining industry. 79% of 156 stocks in the same industry do better.
NUE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so NUE is lagging the market.
In the last month NUE has a been trading in the 113.94 - 158.48 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
NUE has an average volume of 2306500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of NUE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
115.41
167.80
4 important resistance areas can be observed.
- A resistance zone ranging from 145.87 to 147.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @150.69 from a trend line in the weekly time frame.
- Resistance @160.83 from a trend line in the daily 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
CRS11.94
Mansfield-3.57
10 Day High147.12
10 Day Low113.94
20 Day High158.48
20 Day Low113.94
52 Week High203
52 Week Low113.94
Performance
1 Week-6.92%
2 Weeks-18.23%
1 Month-22.27%
3 Month-20.32%
6 Month-26.02%
12 Month-34.53%
2 Year-11.55%
3 Year2.13%
5 Year107.14%
10 Year137.68%
15 Year149.9%
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)-3.06
RSI(14)21.82
LBB107.83
UBB159.04
NUCOR CORP
NYSE:NUE (12/20/2024, 8:04:00 PM)
After market: 117.34 +0.76 (+0.65%)116.58
+0.8 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.69%
1 Week-6.92%
2 Weeks-18.23%
1 Month-22.27%
3 Month-20.32%
6 Month-26.02%
12 Month-34.53%
2 Year-11.55%
3 Year2.13%
5 Year107.14%
10 Year137.68%
15 Year149.9%
Volatility
ATR(14)5.03
ATR(20)%3.96%
ATR Inc-7.62%
Range Today3.98
ADR(20)4.37
ADR(20)%3.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.94
Mansfield-3.57
10 Day High147.12
10 Day Low113.94
20 Day High158.48
20 Day Low113.94
52 Week High203
52 Week Low113.94
CS1 EndN/A
CR1 Start145.87
Volume & EV
DER(3)-1.8%
DER(5)0%
Volume10.45M
Volume Incr138.53%
Vol(5)4.46M
Vol(50)2.31M