NUCOR CORP (NUE) Stock Technical Analysis
NYSE:NUE - New York Stock Exchange, Inc. - US6703461052 - Common Stock - Currency: USD
Overall NUE gets a technical rating of 1 out of 10. 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.
85% 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. 83% of 154 stocks in the same industry do better.
NUE is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 111.13 - 123.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NUE has an average volume of 2525510 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.
More info and screens
113.85
164.13
We can see 5 important resistance areas.
- A resistance zone ranging from 116.45 to 120.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 122.97 to 122.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @125.14 from a trend line in the daily time frame.
- Resistance @152.44 from a trend line in the weekly time frame.
- Resistance @162.50 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.94
Mansfield-2.03
10 Day High122.4
10 Day Low113.54
20 Day High123.95
20 Day Low111.13
52 Week High171.26
52 Week Low97.59
Performance
1 Week-3.33%
2 Weeks-1.58%
1 Month4.91%
3 Month-14.96%
6 Month-24.3%
12 Month-32.85%
2 Year-12.92%
3 Year-13.18%
5 Year172.13%
10 Year143.13%
15 Year167.13%
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)-0.04
RSI(14)46.34
LBB112.59
UBB122.34
115
-0.82 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.71%
1 Week-3.33%
2 Weeks-1.58%
1 Month4.91%
3 Month-14.96%
6 Month-24.3%
12 Month-32.85%
2 Year-12.92%
3 Year-13.18%
5 Year172.13%
10 Year143.13%
15 Year167.13%
Volatility
ATR(14)3.19
ATR(20)%3.11%
ATR Inc-48.24%
Range Today1
ADR(20)3.17
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.94
Mansfield-2.03
10 Day High122.4
10 Day Low113.54
20 Day High123.95
20 Day Low111.13
52 Week High171.26
52 Week Low97.59
CS1 EndN/A
CR1 Start116.45
Volume & EV
DER(3)2.51%
DER(5)1.07%
Volume1.20M
Volume Incr-16.33%
Vol(5)1.71M
Vol(50)2.53M