(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 3169926
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Dec 2024 | 117.28 | 118.09 | 120.31 | 116.73 | 0.42 times |
| 26 Thu Dec 2024 | 118.64 | 116.72 | 119.06 | 115.74 | 0.494 times |
| 24 Tue Dec 2024 | 117.43 | 116.58 | 117.87 | 115.71 | 0.279 times |
| 23 Mon Dec 2024 | 116.61 | 116.50 | 116.84 | 114.88 | 0.524 times |
| 20 Fri Dec 2024 | 116.58 | 114.67 | 117.92 | 113.94 | 3.258 times |
| 19 Thu Dec 2024 | 115.78 | 118.40 | 120.12 | 115.29 | 0.901 times |
| 18 Wed Dec 2024 | 117.96 | 121.49 | 123.16 | 117.59 | 0.807 times |
| 17 Tue Dec 2024 | 120.98 | 121.91 | 124.74 | 119.44 | 1.037 times |
| 16 Mon Dec 2024 | 124.16 | 124.00 | 126.10 | 123.01 | 0.971 times |
| 13 Fri Dec 2024 | 125.25 | 130.76 | 130.76 | 125.00 | 0.879 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 118, but if it comes above 118, then a intra day buy could be more profitable.
If you take a sell trade below 118, then use 118 as stoploss and 100.1 as target. However if you take a buy trade in stock , then use 118 as stoploss and 132.86 as target.
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 113.94 |
| Upside Target | 120.31 |
| Upside Target | 125.00 |
| Upside Target | 133.42 |
| Upside Target | 139.41 |
| Upside Target | 147.08 |
| Upside Target | 152.34 |
| Upside Target | 152.54 |
| Upside Target | 156.95 |
| Upside Target | 159.49 |
| Upside Target | 163.75 |
| Upside Target | 170.52 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 114.67 |
| Downside Intraday Target | 112.06 |
| Upside Intraday Target | 120.1 |
| Upside Intraday Target | 122.92 |
| Upside Intraday Target | 117.49 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Dec 2024 | 117.28 | 116.50 | 120.31 | 114.88 | 0.246 times |
| 20 Fri Dec 2024 | 116.58 | 124.00 | 126.10 | 113.94 | 2.057 times |
| 13 Fri Dec 2024 | 125.25 | 144.86 | 147.08 | 125.00 | 6.218 times |
| 26 Tue Nov 2024 | 154.00 | 155.15 | 156.95 | 152.34 | 0.391 times |
| 26 Tue Nov 2024 | 154.00 | 152.86 | 156.95 | 152.34 | 0.511 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 Fri Dec 2024 | 117.28 | 144.86 | 147.08 | 113.94 | 0.948 times |
| 26 Tue Nov 2024 | 154.00 | 141.81 | 170.52 | 141.33 | 0.954 times |
| 31 Thu Oct 2024 | 141.84 | 149.90 | 159.49 | 140.42 | 1.348 times |
| 30 Mon Sep 2024 | 150.34 | 149.77 | 152.54 | 133.42 | 1.032 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 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 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 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 coming down
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
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 118.83 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 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 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 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 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 coming down
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
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 118.83 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.