(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 2024-10-21 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1500230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 156.11 | 158.54 | 159.21 | 155.41 | 1.375 times |
| 18 Fri Oct 2024 | 158.24 | 159.17 | 159.49 | 157.12 | 1.302 times |
| 17 Thu Oct 2024 | 158.09 | 154.80 | 158.29 | 154.49 | 1.363 times |
| 16 Wed Oct 2024 | 154.27 | 152.33 | 154.39 | 152.33 | 0.821 times |
| 15 Tue Oct 2024 | 151.64 | 151.50 | 154.87 | 151.31 | 1.228 times |
| 14 Mon Oct 2024 | 152.84 | 151.02 | 153.03 | 149.95 | 0.717 times |
| 11 Fri Oct 2024 | 151.91 | 150.98 | 153.83 | 150.98 | 1.063 times |
| 10 Thu Oct 2024 | 150.90 | 150.85 | 152.75 | 150.39 | 0.704 times |
| 09 Wed Oct 2024 | 151.82 | 147.75 | 152.42 | 147.35 | 0.861 times |
| 08 Tue Oct 2024 | 148.11 | 150.43 | 151.24 | 146.62 | 1.135 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 154.8, but if it comes below 154.8, then a intra day sell could be more profitable.
If you take a sell trade below 154.8, then use 154.8 as stoploss and 152.21 as target. However if you take a buy trade in stock , then use 154.8 as stoploss and 158 as target.
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 133.42 |
| Downside Target | 139.41 |
| Downside Target | 144.95 |
| Downside Target | 155.15 |
| Downside Target | 155.41 |
| Upside Target | 159.21 |
| Upside Target | 159.49 |
| Upside Target | 163.75 |
| Upside Target | 167.50 |
| Upside Target | 168.77 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 154.61 |
| Downside Intraday Target | 153.11 |
| Upside Intraday Target | 158.41 |
| Upside Intraday Target | 160.71 |
| Upside Intraday Target | 156.91 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 156.11 | 158.54 | 159.21 | 155.41 | 0.253 times |
| 18 Fri Oct 2024 | 158.24 | 151.02 | 159.49 | 149.95 | 1.189 times |
| 11 Fri Oct 2024 | 151.91 | 150.00 | 153.83 | 146.62 | 0.982 times |
| 04 Fri Oct 2024 | 151.44 | 150.13 | 155.15 | 148.91 | 1.123 times |
| 27 Fri Sep 2024 | 150.13 | 146.62 | 152.54 | 144.95 | 0.567 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 |
| 21 Mon Oct 2024 | 156.11 | 149.90 | 159.49 | 146.62 | 0.72 times |
| 30 Mon Sep 2024 | 150.34 | 149.77 | 152.54 | 133.42 | 1.032 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 |
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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Nucor Corporation stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Nucor Corporation in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Nucor Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 153.77 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 rising upwards.
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 is giving positive 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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Nucor Corporation stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Nucor Corporation in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Nucor Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 153.77 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 rising upwards.
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 is giving positive 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.