(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 2024-10-04 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1607140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 151.44 | 153.29 | 154.38 | 150.93 | 0.645 times |
| 03 Thu Oct 2024 | 151.29 | 150.09 | 151.65 | 149.53 | 1.067 times |
| 02 Wed Oct 2024 | 151.45 | 153.17 | 155.15 | 150.67 | 0.963 times |
| 01 Tue Oct 2024 | 152.71 | 149.90 | 153.52 | 149.90 | 0.786 times |
| 30 Mon Sep 2024 | 150.34 | 150.13 | 150.93 | 148.91 | 0.881 times |
| 27 Fri Sep 2024 | 150.13 | 151.06 | 152.42 | 149.77 | 0.557 times |
| 26 Thu Sep 2024 | 150.59 | 152.18 | 152.54 | 149.89 | 0.86 times |
| 25 Wed Sep 2024 | 148.88 | 150.20 | 150.37 | 148.36 | 0.614 times |
| 24 Tue Sep 2024 | 150.61 | 150.06 | 152.14 | 149.44 | 0.912 times |
| 23 Mon Sep 2024 | 147.00 | 146.62 | 147.39 | 144.95 | 0.925 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 151.1, but if it comes below 151.1, then a intra day sell could be more profitable.
If you take a sell trade below 151.1, then use 151.1 as stoploss and 146.52 as target. However if you take a buy trade in stock , then use 151.1 as stoploss and 156.7 as target.
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 133.42 |
| Downside Target | 137.91 |
| Downside Target | 144.95 |
| Downside Target | 148.91 |
| Downside Target | 150.24 |
| Upside Target | 152.54 |
| Upside Target | 155.15 |
| Upside Target | 163.75 |
| Upside Target | 167.50 |
| Upside Target | 168.77 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 148.52 |
| Downside Intraday Target | 145.59 |
| Upside Intraday Target | 154.76 |
| Upside Intraday Target | 158.07 |
| Upside Intraday Target | 151.83 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 151.44 | 150.13 | 155.15 | 148.91 | 1.123 times |
| 27 Fri Sep 2024 | 150.13 | 146.62 | 152.54 | 144.95 | 0.567 times |
| 20 Fri Sep 2024 | 146.31 | 144.27 | 149.40 | 138.40 | 1.604 times |
| 13 Fri Sep 2024 | 143.59 | 141.60 | 145.14 | 133.42 | 1.145 times |
| 06 Fri Sep 2024 | 138.79 | 149.77 | 150.00 | 137.91 | 4.145 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 |
| 04 Fri Oct 2024 | 151.44 | 149.90 | 155.15 | 149.53 | 0.177 times |
| 30 Mon Sep 2024 | 150.34 | 149.77 | 152.54 | 133.42 | 1.032 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 |
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 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 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 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 and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 150.46 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 positive
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 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 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 and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 150.46 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.