(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.
Showing technical analysis as on 2024-05-08 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1546280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 169.80 | 170.44 | 171.83 | 169.57 | 0.807 times |
| 07 Tue May 2024 | 171.79 | 171.00 | 172.14 | 170.08 | 0.906 times |
| 06 Mon May 2024 | 171.02 | 175.52 | 175.71 | 169.83 | 1.027 times |
| 03 Fri May 2024 | 173.92 | 171.67 | 174.63 | 171.10 | 0.682 times |
| 02 Thu May 2024 | 170.52 | 169.61 | 170.84 | 168.46 | 0.843 times |
| 01 Wed May 2024 | 168.67 | 169.59 | 172.05 | 167.73 | 0.812 times |
| 30 Tue Apr 2024 | 168.53 | 174.29 | 174.38 | 168.21 | 1.409 times |
| 29 Mon Apr 2024 | 175.24 | 175.98 | 176.60 | 174.27 | 0.787 times |
| 26 Fri Apr 2024 | 175.42 | 176.59 | 176.83 | 174.34 | 0.811 times |
| 25 Thu Apr 2024 | 175.88 | 171.39 | 176.18 | 170.82 | 1.05 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 170.2, but if it comes above 170.2, then a intra day buy could be more profitable.
If you take a sell trade below 170.2, then use 170.2 as stoploss and 157.7 as target. However if you take a buy trade in stock , then use 170.2 as stoploss and 180.64 as target.
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 165.29 |
| Upside Target | 175.71 |
| Upside Target | 188.95 |
| Upside Target | 190.96 |
| Upside Target | 193.02 |
| Upside Target | 193.61 |
| Upside Target | 193.91 |
| Upside Target | 197.79 |
| Upside Target | 199.00 |
| Upside Target | 203.00 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 167.68 |
| Downside Intraday Target | 165.55 |
| Upside Intraday Target | 173.82 |
| Upside Intraday Target | 177.83 |
| Upside Intraday Target | 171.69 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 169.80 | 175.52 | 175.71 | 169.57 | 0.604 times |
| 03 Fri May 2024 | 173.92 | 175.98 | 176.60 | 167.73 | 0.588 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 |
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 |
| 08 Wed May 2024 | 169.80 | 169.59 | 175.71 | 167.73 | 0.259 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 coming down
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Nucor Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 171.88 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 coming down
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Nucor Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 171.88 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.