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Nucor Corporation

NUE Technical Analysis Summary (NYSE)

Analyze NUE on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NUE●NYSE
Basic MaterialsSteel
$248.38
$16.76(6.32%)
U.S. Market opens in 19h 32m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NUE Technical Analysis Summary (NYSE)

Nucor Corporation (NYSE: NUE) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.34)
Trend Strength:Weak (ADX: 15.93)
Volatility:Medium (ATR: 8.75)
Support/Resistance:$242.55 – $267.19 (Bollinger Bands)

Technical conditions suggest Nucor Corporation on the NYSE is awaiting a decisive move. This mix signals that Nucor Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.34

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 53.72

Neutral
Mid-range signal with no clear trend.

Williams %R: -89.34

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.84

Neutral
Price change is minimal.

Takeaway:Nucor Corporation shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.64

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.93

Weak
Weak trend, market trading sideways.

ATR (14): 8.75

Rising
Rising volatility, market activity increasing.

CCI (14): -115.31

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Nucor Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$267.19
Middle Band (SMA 20)
$254.87
Lower Band
$242.55
Current Position
Within Bands

Takeaway:Nucor Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$274.39
Middle Line (EMA 20)
$256.89
Lower Channel
$239.39
Squeeze Status
Squeeze On

Takeaway:Nucor Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume9.95M
Money Flow Index45.58Neutral, balanced money flows with no clear signal.
Relative Vigor Index49.46Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NUE shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Nucor Corporation (NYSE: NUE), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Nucor Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: NUE) Technical Analysis FAQ