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(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 2035780

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	155.71	153.57	157.33	152.59	0.919 times
26 Tue Sep 2023	151.74	154.43	155.49	151.50	0.624 times
25 Mon Sep 2023	155.25	152.87	155.76	152.39	0.613 times
22 Fri Sep 2023	153.13	152.11	155.12	151.87	0.568 times
21 Thu Sep 2023	151.54	153.81	154.66	151.38	0.592 times
20 Wed Sep 2023	155.39	159.54	160.13	155.22	0.517 times
19 Tue Sep 2023	158.19	155.20	158.87	155.18	0.73 times
18 Mon Sep 2023	154.67	155.42	157.28	154.24	0.808 times
15 Fri Sep 2023	155.42	162.23	162.74	154.90	2.387 times
15 Fri Sep 2023	155.42	162.23	162.74	154.90	2.387 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 153.9 as stoploss in an intra day buy trade for a target of 160.86. However, stock will show a bearish move below 153.9.

Share price targets for Nucor Corporation (NUE)

Target Type	Value
Downside Target	129.79
Downside Target	150.33
Downside Target	154.90
Upside Target	163.07
Upside Target	164.53
Upside Target	164.54
Upside Target	168.58
Upside Target	172.17
Upside Target	174.25
Upside Target	174.73
Upside Target	174.92

Intraday share price targets for Nucor Corporation (NUE)

Target Type	Value
Downside Intraday Target	152.36
Downside Intraday Target	149.02
Upside Intraday Target	158.19
Upside Intraday Target	160.68
Downside Intraday Target	154.85

Weekly technical analysis of Nucor Corporation (NUE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	155.71	152.87	157.33	151.50	0.67 times
22 Fri Sep 2023	153.13	155.42	160.13	151.38	1.347 times
15 Fri Sep 2023	155.42	162.23	162.74	154.90	0.485 times
15 Fri Sep 2023	155.42	167.50	168.58	154.90	1.707 times
08 Fri Sep 2023	164.94	172.17	172.17	164.53	6.005 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
27 Wed Sep 2023	155.71	173.99	174.92	151.38	1.248 times
31 Thu Aug 2023	172.10	169.64	174.73	163.07	1.029 times
31 Mon Jul 2023	172.09	163.73	174.25	156.68	0.77 times
30 Fri Jun 2023	163.98	133.79	164.54	131.90	0.978 times

Scroll below to view daily charts

Price has moved down 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 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 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 Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.

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 154.99 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.