NUCOR CORP (NUE) Stock Technical Analysis
NYSE:NUE - New York Stock Exchange, Inc. - US6703461052 - Common Stock - Currency: USD
Taking everything into account, NUE scores 4 out of 10 in our technical rating. 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.
86% of all other stocks performed better in the past year than NUE.
NUE is part of the Metals & Mining industry. There are 150 other stocks in this industry, of which 77% are performing better than NUE.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NUE has a been trading in the 119.30 - 143.06 range, which is quite wide. It is currently trading near the high of this range.
NUE has an average volume of 2773850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is only medium, NUE does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 132.67, a Stop Loss order could be placed below this zone.
More info and screens
120.74
167.80
We found 2 important support areas.
- A support zone ranging from 130.96 to 132.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @121.96 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 137.02 to 138.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 141.41 to 142.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @162.77 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
CRS14.84
Mansfield-1.95
10 Day High143.06
10 Day Low130.07
20 Day High143.06
20 Day Low119.3
52 Week High203
52 Week Low112.25
Performance
1 Week-0.24%
2 Weeks1.52%
1 Month10.79%
3 Month-10.99%
6 Month-8.46%
12 Month-28.82%
2 Year-19.24%
3 Year2.74%
5 Year227.04%
10 Year187.54%
15 Year226.64%
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)0.51
RSI(14)54.6
LBB128.37
UBB142.89
135.23
-4.72 (-3.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.37%
1 Week-0.24%
2 Weeks1.52%
1 Month10.79%
3 Month-10.99%
6 Month-8.46%
12 Month-28.82%
2 Year-19.24%
3 Year2.74%
5 Year227.04%
10 Year187.54%
15 Year226.64%
Volatility
ATR(14)4.82
ATR(20)%3.37%
ATR Inc7.39%
Range Today6.47
ADR(20)4.17
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.84
Mansfield-1.95
10 Day High143.06
10 Day Low130.07
20 Day High143.06
20 Day Low119.3
52 Week High203
52 Week Low112.25
CS1 End132.67
CR1 Start137.02
Volume & EV
DER(3)-1.01%
DER(5)0.23%
Volume2.28M
Volume Incr-26.72%
Vol(5)2.34M
Vol(50)2.77M