(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 2024-07-11 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1417480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 158.96 | 154.84 | 160.15 | 154.62 | 1.36 times |
| 10 Wed Jul 2024 | 153.36 | 151.11 | 153.78 | 150.94 | 1.004 times |
| 09 Tue Jul 2024 | 150.25 | 151.71 | 153.23 | 150.24 | 1.058 times |
| 08 Mon Jul 2024 | 152.47 | 153.75 | 154.46 | 151.88 | 0.765 times |
| 05 Fri Jul 2024 | 153.84 | 155.55 | 156.00 | 153.29 | 0.951 times |
| 03 Wed Jul 2024 | 156.42 | 157.27 | 159.10 | 156.01 | 0.52 times |
| 03 Wed Jul 2024 | 156.42 | 157.27 | 159.10 | 156.01 | 0.52 times |
| 02 Tue Jul 2024 | 156.46 | 156.71 | 157.87 | 155.67 | 0.806 times |
| 01 Mon Jul 2024 | 157.00 | 158.61 | 159.48 | 155.11 | 1.041 times |
| 28 Fri Jun 2024 | 158.08 | 156.88 | 160.44 | 155.32 | 2.482 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 157.5, but if it comes below 157.5, then a intra day sell could be more profitable.
If you take a sell trade below 157.5, then use 157.5 as stoploss and 155.36 as target. However if you take a buy trade in stock , then use 157.5 as stoploss and 160.2 as target.
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 149.12 |
| Downside Target | 153.29 |
| Upside Target | 159.10 |
| Upside Target | 160.44 |
| Upside Target | 165.17 |
| 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 | 152.75 |
| Downside Intraday Target | 146.54 |
| Upside Intraday Target | 162.66 |
| Upside Intraday Target | 166.36 |
| Downside Intraday Target | 156.45 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 158.96 | 153.75 | 160.15 | 150.24 | 2.846 times |
| 05 Fri Jul 2024 | 153.84 | 157.27 | 159.10 | 153.29 | 0.622 times |
| 03 Wed Jul 2024 | 156.42 | 158.61 | 159.48 | 155.11 | 0.333 times |
| 28 Fri Jun 2024 | 158.08 | 157.97 | 160.44 | 150.21 | 1.429 times |
| 21 Fri Jun 2024 | 157.58 | 157.91 | 159.49 | 154.56 | 1.811 times |
Price has moved up 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 |
| 11 Thu Jul 2024 | 158.96 | 158.61 | 160.15 | 150.24 | 0.313 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Nucor Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for Nucor Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 155.77 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Nucor Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for Nucor Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 155.77 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.