(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 2024-07-29 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1630797
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 159.41 | 160.26 | 160.88 | 158.07 | 0.696 times |
| 26 Fri Jul 2024 | 160.89 | 156.89 | 162.42 | 156.33 | 0.768 times |
| 25 Thu Jul 2024 | 157.02 | 156.32 | 158.97 | 155.28 | 0.85 times |
| 24 Wed Jul 2024 | 154.79 | 160.99 | 161.38 | 154.70 | 1.566 times |
| 23 Tue Jul 2024 | 161.55 | 160.50 | 164.90 | 158.92 | 1.357 times |
| 22 Mon Jul 2024 | 163.34 | 162.30 | 163.50 | 160.68 | 0.874 times |
| 19 Fri Jul 2024 | 162.50 | 165.90 | 165.90 | 162.29 | 0.952 times |
| 18 Thu Jul 2024 | 165.67 | 163.25 | 167.50 | 163.12 | 0.914 times |
| 17 Wed Jul 2024 | 164.00 | 166.08 | 166.87 | 163.72 | 0.811 times |
| 16 Tue Jul 2024 | 166.14 | 163.85 | 166.81 | 163.16 | 0.894 times |
My analysis of stock is bullish for shortterm, and stock might move up till 163.6 or till 169. Use a stoploss of 158.97 and if this stock hits its stoploss, then it can fall down till 154.39
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 149.12 |
| Downside Target | 153.29 |
| Downside Target | 158.07 |
| Upside Target | 167.50 |
| Upside Target | 168.21 |
| Upside Target | 168.77 |
| Upside Target | 176.59 |
| Upside Target | 180.53 |
| Upside Target | 199.00 |
| Upside Target | 203.00 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 158.03 |
| Downside Intraday Target | 156.64 |
| Upside Intraday Target | 160.84 |
| Upside Intraday Target | 162.26 |
| Upside Intraday Target | 159.45 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 159.41 | 160.26 | 160.88 | 158.07 | 0.128 times |
| 26 Fri Jul 2024 | 160.89 | 162.30 | 164.90 | 154.70 | 1.181 times |
| 19 Fri Jul 2024 | 162.50 | 163.01 | 167.50 | 162.29 | 1.017 times |
| 12 Fri Jul 2024 | 161.10 | 153.75 | 162.43 | 150.24 | 3.524 times |
| 05 Fri Jul 2024 | 153.84 | 157.27 | 159.10 | 153.29 | 0.622 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 |
| 29 Mon Jul 2024 | 159.41 | 158.61 | 167.50 | 150.24 | 0.832 times |
| 28 Fri Jun 2024 | 158.08 | 167.88 | 168.77 | 149.12 | 1.297 times |
| 31 Fri May 2024 | 168.85 | 169.59 | 176.59 | 165.17 | 0.923 times |
| 30 Tue Apr 2024 | 168.53 | 199.72 | 203.00 | 168.21 | 1.176 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Nucor Corporation in short term but the buy signal is initial and weak.
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 in or above 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 positive zone. This is a BUY 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 161.13 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 positive
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Nucor Corporation in short term but the buy signal is initial and weak.
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 in or above 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 positive zone. This is a BUY 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 161.13 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.