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(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 2024-09-06 View latest technical analysis

10 day averaged volume of Nucor Corporation is 1321210

Date Daily Closing Price Open High Low Volume
06 Fri Sep 2024 138.79 139.44 141.61 137.91 0.992 times
05 Thu Sep 2024 139.60 142.39 142.81 138.64 1.239 times
04 Wed Sep 2024 141.71 143.90 145.39 141.25 1.119 times
03 Tue Sep 2024 144.43 149.77 150.00 143.93 1.169 times
30 Fri Aug 2024 151.91 150.15 152.29 150.06 1.09 times
30 Fri Aug 2024 151.91 150.15 152.29 150.06 1.091 times
29 Thu Aug 2024 150.02 148.95 151.34 148.11 0.744 times
28 Wed Aug 2024 148.04 149.03 149.82 147.30 0.853 times
27 Tue Aug 2024 150.37 150.13 151.65 148.59 1.049 times
26 Mon Aug 2024 150.44 150.07 152.55 149.12 0.928 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 141.6, but if it comes above 141.6, then a intra day buy could be more profitable.
If you take a sell trade below 141.6, then use 141.6 as stoploss and 136.9 as target. However if you take a buy trade in stock , then use 141.6 as stoploss and 145.55 as target.

Share price targets for Nucor Corporation (NUE)

Target Type Value
Downside Target 137.91
Upside Target 142.86
Upside Target 147.30
Upside Target 150.24
Upside Target 152.29
Upside Target 152.55
Upside Target 163.75
Upside Target 165.17
Upside Target 167.50
Upside Target 168.77
Upside Target 176.59

Intraday share price targets for Nucor Corporation (NUE)

Target Type Value
Downside Intraday Target 134.47
Downside Intraday Target 130.14
Upside Intraday Target 146.56
Upside Intraday Target 154.32
Upside Intraday Target 142.23

Weekly technical analysis of Nucor Corporation (NUE)

Date Weekly Closing Price Open High Low Volume
06 Fri Sep 2024 138.79 149.77 150.00 137.91 4.145 times
30 Fri Aug 2024 151.91 150.15 152.29 150.06 0.234 times
30 Fri Aug 2024 151.91 150.07 152.55 147.30 1.312 times
23 Fri Aug 2024 147.73 145.21 148.06 142.86 0.737 times
16 Fri Aug 2024 145.23 145.32 147.50 139.41 0.903 times

Price has moved down 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
06 Fri Sep 2024 138.79 149.77 150.00 137.91 0.196 times
30 Fri Aug 2024 151.91 162.57 163.75 139.41 0.908 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

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 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 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 146.45 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 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 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 146.45 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.

Daily charts

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