(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 2024-10-25 View latest technical analysis
10 day averaged volume of Nucor Corporation is 2182360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 141.47 | 142.33 | 144.43 | 141.44 | 0.798 times |
| 24 Thu Oct 2024 | 141.34 | 141.87 | 144.01 | 140.42 | 0.909 times |
| 23 Wed Oct 2024 | 141.66 | 145.99 | 147.50 | 141.53 | 1.276 times |
| 22 Tue Oct 2024 | 146.02 | 153.43 | 153.85 | 142.80 | 2.404 times |
| 21 Mon Oct 2024 | 156.11 | 158.54 | 159.21 | 155.41 | 0.945 times |
| 18 Fri Oct 2024 | 158.24 | 159.17 | 159.49 | 157.12 | 0.895 times |
| 17 Thu Oct 2024 | 158.09 | 154.80 | 158.29 | 154.49 | 0.937 times |
| 16 Wed Oct 2024 | 154.27 | 152.33 | 154.39 | 152.33 | 0.564 times |
| 15 Tue Oct 2024 | 151.64 | 151.50 | 154.87 | 151.31 | 0.844 times |
| 14 Mon Oct 2024 | 152.84 | 151.02 | 153.03 | 149.95 | 0.493 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 140.2, for a target of 146 or 150.72
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 133.42 |
| Downside Target | 139.41 |
| Upside Target | 144.95 |
| 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 | 134.86 |
| Downside Intraday Target | 128.24 |
| Upside Intraday Target | 153.65 |
| Upside Intraday Target | 165.82 |
| Upside Intraday Target | 147.03 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 141.47 | 158.54 | 159.21 | 140.42 | 1.696 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, 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 |
| 25 Fri Oct 2024 | 141.47 | 149.90 | 159.49 | 140.42 | 1.095 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Nucor Corporation stock for short term is SELL. Signal strength is Strong and stock is losing 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Nucor Corporation in short term but BUY signal is weak.
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 149.11 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Nucor Corporation stock for short term is SELL. Signal strength is Strong and stock is losing 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Nucor Corporation in short term but BUY signal is weak.
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 149.11 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.