(NUE) Nucor Corporation complete technical analysis [charts+indicators] | Buy/Sell Nucor Corporation | (NUE) share price targets
Complete technical analysis of Nucor Corporation (NUE) by charts plus indicators, forecast predictions and share price targets for Nucor Corporation (NUE)
Nucor Corporation trades in USA in Basic Industries sector.
10 day averaged volume of Nucor Corporation is 1915330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 168.67 | 169.59 | 172.05 | 167.73 | 0.655 times |
| 30 Tue Apr 2024 | 168.53 | 174.29 | 174.38 | 168.21 | 1.138 times |
| 29 Mon Apr 2024 | 175.24 | 175.98 | 176.60 | 174.27 | 0.636 times |
| 26 Fri Apr 2024 | 175.42 | 176.59 | 176.83 | 174.34 | 0.655 times |
| 25 Thu Apr 2024 | 175.88 | 171.39 | 176.18 | 170.82 | 0.848 times |
| 24 Wed Apr 2024 | 172.76 | 175.00 | 178.32 | 171.96 | 1.351 times |
| 23 Tue Apr 2024 | 174.64 | 177.70 | 183.95 | 174.40 | 2.535 times |
| 22 Mon Apr 2024 | 191.63 | 190.98 | 193.61 | 188.47 | 0.84 times |
| 19 Fri Apr 2024 | 191.36 | 191.10 | 191.82 | 189.13 | 0.847 times |
| 18 Thu Apr 2024 | 190.77 | 194.16 | 194.16 | 188.95 | 0.549 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 176.4, but if it comes above 176.4, then a intra day buy could be more profitable.
If you take a sell trade below 176.4, then use 176.4 as stoploss and 162.8 as target. However if you take a buy trade in stock , then use 176.4 as stoploss and 187.73 as target.
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 165.29 |
| Upside Target | 176.60 |
| Upside Target | 188.95 |
| Upside Target | 193.61 |
| Upside Target | 193.91 |
| Upside Target | 196.28 |
| Upside Target | 197.79 |
| Upside Target | 199.00 |
| Upside Target | 202.89 |
| Upside Target | 203.00 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 165.4 |
| Downside Intraday Target | 162.13 |
| Upside Intraday Target | 174.27 |
| Upside Intraday Target | 179.87 |
| Upside Intraday Target | 171 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 168.67 | 175.98 | 176.60 | 167.73 | 0.39 times |
| 26 Fri Apr 2024 | 175.42 | 190.98 | 193.61 | 170.82 | 2.048 times |
| 19 Fri Apr 2024 | 191.36 | 197.10 | 197.79 | 188.95 | 1.268 times |
| 12 Fri Apr 2024 | 194.53 | 202.08 | 203.00 | 193.02 | 0.997 times |
| 05 Fri Apr 2024 | 200.97 | 199.72 | 202.89 | 196.28 | 1.189 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Nucor Corporation (NUE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 168.67 | 169.59 | 172.05 | 167.73 | 0.041 times |
| 30 Tue Apr 2024 | 168.53 | 199.72 | 203.00 | 168.21 | 1.176 times |
| 28 Thu Mar 2024 | 197.90 | 192.44 | 199.00 | 180.53 | 0.912 times |
| 29 Thu Feb 2024 | 192.30 | 187.94 | 193.91 | 178.22 | 0.777 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Nucor Corporation (NUE)
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Nucor Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Nucor Corporation in short term and the sell signal is strong.
Nucor Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Nucor Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Nucor Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 177.21 and Nucor Corporation (NUE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Nucor Corporation (NUE) stock. Volume based technical analysis of Nucor Corporation (NUE) stock is negative.
Nucor Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Nucor Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Nucor Corporation in short term and the sell signal is strong.
Nucor Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Nucor Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Nucor Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 177.21 and Nucor Corporation (NUE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Nucor Corporation (NUE) stock. Volume based technical analysis of Nucor Corporation (NUE) stock is negative.
Nucor Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.