NUCOR CORP (NUE)

US6703461052 - Common Stock

160.89  +3.87 (+2.46%)

After market: 160.315 -0.57 (-0.36%)

Technical Rating and Analysis

1

Overall NUE gets a technical rating of 1 out of 10. NUE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, NUE is a bad performer in the overall market: 76% of all stocks are doing better.
NUE has an average volume of 1579270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NUE is part of the Metals & Mining industry. There are 157 other stocks in this industry, NUE did better than 43% of them.
NUE is currently trading in the middle 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 slightly.
In the last month NUE has a been trading in the 150.24 - 167.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NUE Weekly chart
NUE Daily chart
Setup Rating and Analysis

6

NUE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 155.39, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

147.23

168.78

2 important support areas can be observed.

  • A support zone ranging from 153.83 to 155.39. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 148.72 to 151.16. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 161.23 to 167.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.51
Mansfield-1.56
10 Day High167.5
10 Day Low154.7
20 Day High167.5
20 Day Low150.24
52 Week High203
52 Week Low140.07
Performance
1 Week-0.99%
2 Weeks-0.13%
1 Month3.99%
3 Month-8.28%
6 Month-8.12%
12 Month-4.77%
2 Year18.48%
3 Year54.67%
5 Year195.86%
10 Year220.37%
15 Year261.79%
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)51.39
LBB150.96
UBB169.67
NUE Daily chart

NUCOR CORP

NYSE:NUE (7/26/2024, 7:04:00 PM)

After market: 160.315 -0.57 (-0.36%)

160.89

+3.87 (+2.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.46%
1 Week-0.99%
2 Weeks-0.13%
1 Month3.99%
3 Month-8.28%
6 Month-8.12%
12 Month-4.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.56
ATR(20)%2.64%
ATR Inc
Range Today6.09
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 High167.5
10 Day Low154.7
20 Day High167.5
20 Day Low150.24
52 Week High203
52 Week Low140.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.25M
Volume Incr5%
Vol(5)1.77M
Vol(50)1.58M