(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 2024-05-09 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1412360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 174.37 | 170.03 | 174.76 | 170.03 | 0.871 times |
| 08 Wed May 2024 | 169.80 | 170.44 | 171.83 | 169.57 | 0.883 times |
| 07 Tue May 2024 | 171.79 | 171.00 | 172.14 | 170.08 | 0.992 times |
| 06 Mon May 2024 | 171.02 | 175.52 | 175.71 | 169.83 | 1.125 times |
| 03 Fri May 2024 | 173.92 | 171.67 | 174.63 | 171.10 | 0.747 times |
| 02 Thu May 2024 | 170.52 | 169.61 | 170.84 | 168.46 | 0.923 times |
| 01 Wed May 2024 | 168.67 | 169.59 | 172.05 | 167.73 | 0.889 times |
| 30 Tue Apr 2024 | 168.53 | 174.29 | 174.38 | 168.21 | 1.543 times |
| 29 Mon Apr 2024 | 175.24 | 175.98 | 176.60 | 174.27 | 0.862 times |
| 26 Fri Apr 2024 | 175.42 | 176.59 | 176.83 | 174.34 | 0.888 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 169.7 as stoploss in an intra day buy trade for a target of 179.49. However, stock will show a bearish move below 169.7.
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 | 170.72 |
| Downside Intraday Target | 167.08 |
| Upside Intraday Target | 176.86 |
| Upside Intraday Target | 179.36 |
| Downside Intraday Target | 173.22 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 174.37 | 175.52 | 175.71 | 169.57 | 0.78 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 up 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 |
| 09 Thu May 2024 | 174.37 | 169.59 | 175.71 | 167.73 | 0.299 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a SELL signal for Nucor Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Nucor Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Nucor Corporation in short term and BUY 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
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 171.63 and Nucor Corporation (NUE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a SELL signal for Nucor Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Nucor Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Nucor Corporation in short term and BUY 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
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 171.63 and Nucor Corporation (NUE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.