(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 2024-08-19 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1342432
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 144.07 | 145.21 | 146.75 | 143.31 | 0.945 times |
| 16 Fri Aug 2024 | 145.23 | 144.69 | 146.59 | 144.35 | 0.656 times |
| 15 Thu Aug 2024 | 145.22 | 146.75 | 147.50 | 143.60 | 1.102 times |
| 14 Wed Aug 2024 | 141.26 | 142.81 | 142.87 | 139.41 | 0.907 times |
| 13 Tue Aug 2024 | 142.88 | 141.67 | 143.28 | 140.88 | 0.85 times |
| 12 Mon Aug 2024 | 141.35 | 145.32 | 145.34 | 140.37 | 1.23 times |
| 09 Fri Aug 2024 | 145.14 | 145.42 | 146.20 | 143.52 | 0.704 times |
| 08 Thu Aug 2024 | 145.65 | 146.35 | 147.03 | 145.18 | 0.889 times |
| 07 Wed Aug 2024 | 145.19 | 151.90 | 152.50 | 144.81 | 1.285 times |
| 06 Tue Aug 2024 | 149.96 | 150.30 | 153.35 | 149.58 | 0.878 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 143.8 as stoploss in an intra day buy trade for a target of 150.97. However, stock will show a bearish move below 143.8.
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 139.41 |
| Downside Target | 143.31 |
| Upside Target | 146.75 |
| Upside Target | 153.35 |
| Upside Target | 163.75 |
| 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 | 142.67 |
| Downside Intraday Target | 141.27 |
| Upside Intraday Target | 146.11 |
| Upside Intraday Target | 148.15 |
| Upside Intraday Target | 144.71 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 144.07 | 145.21 | 146.75 | 143.31 | 0.199 times |
| 16 Fri Aug 2024 | 145.23 | 145.32 | 147.50 | 139.41 | 0.903 times |
| 09 Fri Aug 2024 | 145.14 | 146.50 | 153.35 | 143.52 | 0.776 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 |
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 |
| 19 Mon Aug 2024 | 144.07 | 162.57 | 163.75 | 139.41 | 0.579 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 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 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 gaining 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 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 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 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 144.48 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 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 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 gaining 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 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 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 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 144.48 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.