NUCOR CORP (NUE)
US6703461052 - Common Stock
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.
79% 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. 66% of 156 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.
NUE has an average volume of 1428010 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 133.42 - 152.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NUE has a poor technical rating and the quality of the setup is also only medium 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
136.38
168.78
When analyzing the support we notice one important area.
- A support zone ranging from 137.76 to 141.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- Resistance @147.73 from a trend line in the daily time frame.
- A resistance zone ranging from 150.53 to 151.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @155.58 from a trend line in the daily time frame.
- Resistance @162.51 from a horizontal line in the weekly time frame.
- Resistance @167.11 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
CRS21.77
Mansfield-2.38
10 Day High150
10 Day Low133.42
20 Day High152.55
20 Day Low133.42
52 Week High203
52 Week Low133.42
Performance
1 Week1.45%
2 Weeks-5.89%
1 Month-1.56%
3 Month-9.28%
6 Month-26.48%
12 Month-6.64%
2 Year33.62%
3 Year45.15%
5 Year180.81%
10 Year163.38%
15 Year204.11%
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)0.16
RSI(14)45.8
LBB134.56
UBB152.63
NUCOR CORP
NYSE:NUE (9/16/2024, 8:04:00 PM)
After market: 142.55 -0.41 (-0.29%)142.96
-0.63 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.44%
1 Week1.45%
2 Weeks-5.89%
1 Month-1.56%
3 Month-9.28%
6 Month-26.48%
12 Month-6.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.99
ATR(20)%2.59%
ATR Inc
Range Today2.45
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 High150
10 Day Low133.42
20 Day High152.55
20 Day Low133.42
52 Week High203
52 Week Low133.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.39M
Volume Incr11.56%
Vol(5)1.38M
Vol(50)1.43M