(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 2024-09-05 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1228398
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 139.60 | 142.39 | 142.81 | 138.64 | 1.333 times |
| 04 Wed Sep 2024 | 141.71 | 143.90 | 145.39 | 141.25 | 1.203 times |
| 03 Tue Sep 2024 | 144.43 | 149.77 | 150.00 | 143.93 | 1.258 times |
| 30 Fri Aug 2024 | 151.91 | 150.15 | 152.29 | 150.06 | 1.173 times |
| 30 Fri Aug 2024 | 151.91 | 150.15 | 152.29 | 150.06 | 1.173 times |
| 29 Thu Aug 2024 | 150.02 | 148.95 | 151.34 | 148.11 | 0.8 times |
| 28 Wed Aug 2024 | 148.04 | 149.03 | 149.82 | 147.30 | 0.917 times |
| 27 Tue Aug 2024 | 150.37 | 150.13 | 151.65 | 148.59 | 1.128 times |
| 26 Mon Aug 2024 | 150.44 | 150.07 | 152.55 | 149.12 | 0.998 times |
| 23 Fri Aug 2024 | 147.73 | 147.05 | 148.06 | 146.02 | 0.771 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 142.3, but if it comes above 142.3, then a intra day buy could be more profitable.
If you take a sell trade below 142.3, then use 142.3 as stoploss and 137.9 as target. However if you take a buy trade in stock , then use 142.3 as stoploss and 145.87 as target.
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 138.64 |
| Upside Target | 142.86 |
| Upside Target | 147.30 |
| Upside Target | 150.24 |
| Upside Target | 152.29 |
| Upside Target | 152.55 |
| Upside Target | 163.75 |
| Upside Target | 165.17 |
| Upside Target | 167.50 |
| Upside Target | 168.77 |
| Upside Target | 176.59 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 135.49 |
| Downside Intraday Target | 131.39 |
| Upside Intraday Target | 146.85 |
| Upside Intraday Target | 154.11 |
| Upside Intraday Target | 142.75 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 139.60 | 149.77 | 150.00 | 138.64 | 3.235 times |
| 30 Fri Aug 2024 | 151.91 | 150.15 | 152.29 | 150.06 | 0.234 times |
| 30 Fri Aug 2024 | 151.91 | 150.07 | 152.55 | 147.30 | 1.312 times |
| 23 Fri Aug 2024 | 147.73 | 145.21 | 148.06 | 142.86 | 0.737 times |
| 16 Fri Aug 2024 | 145.23 | 145.32 | 147.50 | 139.41 | 0.903 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Nucor Corporation (NUE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 139.60 | 149.77 | 150.00 | 138.64 | 0.153 times |
| 30 Fri Aug 2024 | 151.91 | 162.57 | 163.75 | 139.41 | 0.908 times |
| 31 Wed Jul 2024 | 162.94 | 158.61 | 167.50 | 150.24 | 0.922 times |
| 28 Fri Jun 2024 | 158.08 | 167.88 | 168.77 | 149.12 | 1.297 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 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 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 147.3 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 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 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 147.3 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.