NUCOR CORP (NUE) Technical Analysis

NYSE:NUE • US6703461052

169.36 USD
+0.61 (+0.36%)
Last: Mar 9, 2026, 03:58 PM
Technical Rating and Analysis

5

Taking everything into account, NUE scores 5 out of 10 in our technical rating. In the last year, NUE was one of the better performers, but we do observe some doubts in the very recent evolution.

  • NUE is part of the Metals & Mining industry. There are 157 other stocks in this industry, of which 69% are performing better than NUE.
  • In the last month NUE has a been trading in the 166.67 - 196.90 range, which is quite wide. It is currently trading near the lows of this range.
  • When comparing the yearly performance of all stocks, we notice that NUE is one of the better performing stocks in the market, outperforming 78% of all stocks.
  • NUE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NUE is performing more or less in line with the market.
  • NUE has an average volume of 1746040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
  • The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
NUCOR CORP / NUE Weekly stock chart
NUCOR CORP / NUE Daily stock chart
Setup Rating and Analysis

2

NUE has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

145.95

194.78

3 important support areas can be observed.

  • A support zone ranging from 168.74 to 168.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @153.96 from a trend line in the weekly time frame.
  • Support @147.42 from a trend line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 175.69 to 176.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 180.58 to 181.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @192.85 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for NUE is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for NUE is down.
ChartMill Relative Strength78.34POSITIVENUE has a high relative strength, it outperformed 78.34% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of NUE is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of NUE is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of NUE is above the rising SMA(200).
Relative Strength Index/RSI (14)36.04NEUTRALThe RSI value for NUE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-1.71NEGATIVEThe MACD value suggests NUE has a negative trend.
Stochastics (14,3)13.67OVERSOLDThe low Stochastics value suggests NUE may be oversold.
Average True Range in percent/ATR (20)3.25MEDIUM VOLATILITYThe ATR as a percentage value for NUE suggests some volalility.
Average Directional Index/ADX (14)22NEUTRALThe ADX value for NUE suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)

NUE Technicals: Chart, Performance Metrics, Trend & Indicators

NUCOR CORP / NUE Daily stock chart

NUCOR CORP

NYSE:NUE (3/9/2026, 3:58:04 PM)

169.36

+0.61 (+0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.36%
1 Week-4.6%
2 Weeks-6.26%
1 Month-9.52%
3 Month5.83%
6 Month14.59%
12 Month26.2%
2 Year-14.73%
3 Year9.24%
5 Year110.23%
10 Year256.77%
15 Year266.69%
Volatility
ATR(14)4.96
ATR(20)%3.25%
ATR Inc0.4%
Range Today2.62
ADR(20)4.92
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.34
3 months CRS77.22
6 months CRS81.74
Mansfield1.19
10 Day High181.26
10 Day Low166.67
20 Day High196.9
20 Day Low166.67
52 Week High196.9
52 Week Low97.59
CS1 End168.74
CR1 Start175.69
Volume & EV
DER(3)-1.41%
DER(5)-1.06%
Volume1.04M
Volume Incr-22.78%
Vol(5)1.49M
Vol(50)1.75M

NUCOR CORP / NUE FAQ

What is the ChartMill technical rating of NUCOR CORP (NUE) stock?

ChartMill assigns a technical rating of 5 / 10 to NUE.


What is the current trend direction of NUCOR CORP (NUE) stock?

The current trend direction for NUCOR CORP (NUE) is Bullish.


What is the RSI signal for NUCOR CORP (NUE) stock?

NUCOR CORP (NUE) has an RSI value of 36.042. This indicates that the stock is currently neutral.


What is the MACD signal for NUCOR CORP (NUE) stock?

The MACD indicator for NUCOR CORP (NUE) has a value of -1.71446, indicating a bearish trend.


Can you provide the short term momentum for NUCOR CORP?

The short term momentum for NUCOR CORP (NUE) is negative.