(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 2024-07-15 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1279040
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Jul 2024 | 164.87 | 163.01 | 167.00 | 163.00 | 1.293 times |
| 12 Fri Jul 2024 | 161.10 | 160.42 | 162.43 | 158.73 | 1.106 times |
| 11 Thu Jul 2024 | 158.96 | 154.84 | 160.15 | 154.62 | 1.507 times |
| 10 Wed Jul 2024 | 153.36 | 151.11 | 153.78 | 150.94 | 1.112 times |
| 09 Tue Jul 2024 | 150.25 | 151.71 | 153.23 | 150.24 | 1.173 times |
| 08 Mon Jul 2024 | 152.47 | 153.75 | 154.46 | 151.88 | 0.848 times |
| 05 Fri Jul 2024 | 153.84 | 155.55 | 156.00 | 153.29 | 1.054 times |
| 03 Wed Jul 2024 | 156.42 | 157.27 | 159.10 | 156.01 | 0.577 times |
| 03 Wed Jul 2024 | 156.42 | 157.27 | 159.10 | 156.01 | 0.577 times |
| 02 Tue Jul 2024 | 156.46 | 156.71 | 157.87 | 155.67 | 0.894 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 163.1, for a target of 159.3 or 156.06
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 149.12 |
| Downside Target | 153.29 |
| Downside Target | 159.10 |
| Upside Target | 167.00 |
| 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 | 162.91 |
| Downside Intraday Target | 160.96 |
| Upside Intraday Target | 166.91 |
| Upside Intraday Target | 168.96 |
| Upside Intraday Target | 164.96 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Jul 2024 | 164.87 | 163.01 | 167.00 | 163.00 | 0.225 times |
| 12 Fri Jul 2024 | 161.10 | 153.75 | 162.43 | 150.24 | 3.524 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 |
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 |
| 15 Mon Jul 2024 | 164.87 | 158.61 | 167.00 | 150.24 | 0.398 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 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 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 to mid 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 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 Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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 156.74 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 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 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 to mid 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 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 Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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 156.74 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.