(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 2024-08-07 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1747644
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 145.19 | 151.90 | 152.50 | 144.81 | 0.987 times |
| 06 Tue Aug 2024 | 149.96 | 150.30 | 153.35 | 149.58 | 0.675 times |
| 05 Mon Aug 2024 | 150.52 | 146.50 | 152.05 | 145.39 | 1.151 times |
| 02 Fri Aug 2024 | 151.05 | 153.68 | 155.57 | 149.36 | 1.246 times |
| 01 Thu Aug 2024 | 155.78 | 162.57 | 163.75 | 154.73 | 1.441 times |
| 31 Wed Jul 2024 | 162.94 | 160.00 | 165.76 | 159.66 | 1.395 times |
| 30 Tue Jul 2024 | 159.43 | 159.21 | 160.76 | 158.78 | 0.473 times |
| 29 Mon Jul 2024 | 159.41 | 160.26 | 160.88 | 158.07 | 0.649 times |
| 26 Fri Jul 2024 | 160.89 | 156.89 | 162.42 | 156.33 | 0.717 times |
| 25 Thu Jul 2024 | 157.02 | 156.32 | 158.97 | 155.28 | 0.793 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 146.2, for a target of 153 or 158.76
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 144.81 |
| Upside Target | 149.12 |
| Upside Target | 153.35 |
| Upside Target | 162.29 |
| Upside Target | 165.17 |
| Upside Target | 165.76 |
| Upside Target | 167.50 |
| Upside Target | 168.21 |
| Upside Target | 168.77 |
| Upside Target | 176.59 |
| Upside Target | 203.00 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 142.22 |
| Downside Intraday Target | 139.24 |
| Upside Intraday Target | 150.76 |
| Upside Intraday Target | 156.32 |
| Upside Intraday Target | 147.78 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 145.19 | 146.50 | 153.35 | 144.81 | 0.54 times |
| 02 Fri Aug 2024 | 151.05 | 160.26 | 165.76 | 149.36 | 1.03 times |
| 26 Fri Jul 2024 | 160.89 | 162.30 | 164.90 | 154.70 | 1.181 times |
| 19 Fri Jul 2024 | 162.50 | 163.01 | 167.50 | 162.29 | 1.017 times |
| 12 Fri Jul 2024 | 161.10 | 153.75 | 162.43 | 150.24 | 3.524 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 |
| 07 Wed Aug 2024 | 145.19 | 162.57 | 163.75 | 144.81 | 0.287 times |
| 31 Wed Jul 2024 | 162.94 | 158.61 | 167.50 | 150.24 | 0.922 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 |
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 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 gaining momentum.
MACD generated a SELL signal for Nucor Corporation in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 154.98 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 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 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 gaining momentum.
MACD generated a SELL signal for Nucor Corporation in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 154.98 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.