(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 2024-10-22 View latest technical analysis
10 day averaged volume of Nucor Corporation is 1585620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 146.02 | 153.43 | 153.85 | 142.80 | 3.309 times |
| 21 Mon Oct 2024 | 156.11 | 158.54 | 159.21 | 155.41 | 1.301 times |
| 18 Fri Oct 2024 | 158.24 | 159.17 | 159.49 | 157.12 | 1.232 times |
| 17 Thu Oct 2024 | 158.09 | 154.80 | 158.29 | 154.49 | 1.289 times |
| 16 Wed Oct 2024 | 154.27 | 152.33 | 154.39 | 152.33 | 0.777 times |
| 15 Tue Oct 2024 | 151.64 | 151.50 | 154.87 | 151.31 | 1.162 times |
| 14 Mon Oct 2024 | 152.84 | 151.02 | 153.03 | 149.95 | 0.679 times |
| 11 Fri Oct 2024 | 151.91 | 150.98 | 153.83 | 150.98 | 1.006 times |
| 10 Thu Oct 2024 | 150.90 | 150.85 | 152.75 | 150.39 | 0.666 times |
| 09 Wed Oct 2024 | 151.82 | 147.75 | 152.42 | 147.35 | 0.814 times |
Stock of Nucor Corporation (NUE) has showed a significant fall. This could be a good time to exit from this stock.
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 145.5, for a target of 149.1 or 151.98
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 133.42 |
| Downside Target | 139.41 |
| Downside Target | 142.80 |
| Upside Target | 153.83 |
| Upside Target | 155.15 |
| Upside Target | 159.21 |
| Upside Target | 159.49 |
| 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 | 139.48 |
| Downside Intraday Target | 132.93 |
| Upside Intraday Target | 155.89 |
| Upside Intraday Target | 165.75 |
| Upside Intraday Target | 149.34 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 146.02 | 158.54 | 159.21 | 142.80 | 0.897 times |
| 18 Fri Oct 2024 | 158.24 | 151.02 | 159.49 | 149.95 | 1.189 times |
| 11 Fri Oct 2024 | 151.91 | 150.00 | 153.83 | 146.62 | 0.982 times |
| 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 |
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 |
| 22 Tue Oct 2024 | 146.02 | 149.90 | 159.49 | 142.80 | 0.887 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a mid to longer 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.
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 but the sell signal is initial and weak.
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 in or below the green 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 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 152.17 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Nucor Corporation ( (NUE) ) based on a mid to longer 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.
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 but the sell signal is initial and weak.
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 in or below the green 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 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 152.17 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.