(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 2024-04-12 View latest technical analysis
10 day averaged volume of Nucor Corporation is 907240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 194.53 | 197.24 | 198.99 | 193.02 | 1.308 times |
| 11 Thu Apr 2024 | 197.34 | 198.48 | 199.15 | 196.59 | 0.862 times |
| 10 Wed Apr 2024 | 198.18 | 199.05 | 199.05 | 195.48 | 0.889 times |
| 09 Tue Apr 2024 | 199.88 | 202.44 | 203.00 | 197.12 | 1.001 times |
| 08 Mon Apr 2024 | 200.88 | 202.08 | 202.45 | 199.72 | 1.006 times |
| 05 Fri Apr 2024 | 200.97 | 198.73 | 201.47 | 197.96 | 0.621 times |
| 04 Thu Apr 2024 | 199.10 | 201.10 | 202.42 | 198.28 | 0.904 times |
| 03 Wed Apr 2024 | 200.15 | 198.68 | 202.89 | 197.31 | 1.443 times |
| 02 Tue Apr 2024 | 198.37 | 199.85 | 199.96 | 196.28 | 1.115 times |
| 01 Mon Apr 2024 | 200.00 | 199.72 | 201.52 | 197.89 | 1 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 192.8 as stoploss in an intra day buy trade for a target of 196.45. However, stock will show a bearish move below 192.8.
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 159.02 |
| Downside Target | 165.29 |
| Downside Target | 178.22 |
| Downside Target | 188.29 |
| Downside Target | 193.91 |
| Upside Target | 196.28 |
| Upside Target | 197.98 |
| Upside Target | 199.00 |
| Upside Target | 202.89 |
| Upside Target | 203.00 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 190.7 |
| Downside Intraday Target | 186.87 |
| Upside Intraday Target | 200.68 |
| Upside Intraday Target | 206.83 |
| Upside Intraday Target | 196.85 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Apr 2024 | 194.53 | 202.08 | 203.00 | 193.02 | 0.997 times |
| 05 Fri Apr 2024 | 200.97 | 199.72 | 202.89 | 196.28 | 1.189 times |
| 28 Thu Mar 2024 | 197.90 | 195.74 | 199.00 | 193.82 | 0.676 times |
| 22 Fri Mar 2024 | 194.44 | 189.87 | 197.98 | 188.29 | 0.642 times |
| 15 Fri Mar 2024 | 188.48 | 184.28 | 188.93 | 180.53 | 1.526 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 |
| 12 Fri Apr 2024 | 194.53 | 199.72 | 203.00 | 193.02 | 0.357 times |
| 28 Thu Mar 2024 | 197.90 | 192.44 | 199.00 | 180.53 | 0.912 times |
| 29 Thu Feb 2024 | 192.30 | 187.94 | 193.91 | 178.22 | 0.777 times |
| 31 Wed Jan 2024 | 186.93 | 173.69 | 190.96 | 165.29 | 1.205 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Nucor Corporation in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 198.81 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Nucor Corporation in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 198.81 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.