(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 2024-11-05 View latest technical analysis
10 day averaged volume of Nucor Corporation is 2217580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 144.61 | 142.56 | 145.19 | 141.33 | 0.554 times |
| 04 Mon Nov 2024 | 142.60 | 143.17 | 145.20 | 142.09 | 0.607 times |
| 01 Fri Nov 2024 | 143.56 | 141.81 | 144.10 | 141.81 | 0.499 times |
| 31 Thu Oct 2024 | 141.84 | 143.00 | 144.09 | 140.76 | 1.037 times |
| 30 Wed Oct 2024 | 142.70 | 146.11 | 148.02 | 142.56 | 0.944 times |
| 29 Tue Oct 2024 | 147.20 | 147.38 | 149.35 | 146.11 | 0.77 times |
| 28 Mon Oct 2024 | 147.73 | 143.23 | 148.24 | 142.62 | 0.841 times |
| 25 Fri Oct 2024 | 141.47 | 142.33 | 144.43 | 141.44 | 0.785 times |
| 24 Thu Oct 2024 | 141.34 | 141.87 | 144.01 | 140.42 | 0.895 times |
| 23 Wed Oct 2024 | 141.66 | 145.99 | 147.50 | 141.53 | 1.256 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 142.7 as stoploss in an intra day buy trade for a target of 148.33. However, stock will show a bearish move below 142.7.
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 133.42 |
| Downside Target | 139.41 |
| Upside Target | 145.20 |
| Upside Target | 150.24 |
| Upside Target | 152.54 |
| Upside Target | 153.83 |
| Upside Target | 159.21 |
| Upside Target | 159.49 |
| Upside Target | 163.75 |
| Upside Target | 167.50 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 142.23 |
| Downside Intraday Target | 139.84 |
| Upside Intraday Target | 146.1 |
| Upside Intraday Target | 147.58 |
| Downside Intraday Target | 143.71 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 144.61 | 143.17 | 145.20 | 141.33 | 0.284 times |
| 01 Fri Nov 2024 | 143.56 | 143.23 | 149.35 | 140.76 | 0.656 times |
| 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 |
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 |
| 05 Tue Nov 2024 | 144.61 | 141.81 | 145.20 | 141.33 | 0.087 times |
| 31 Thu Oct 2024 | 141.84 | 149.90 | 159.49 | 140.42 | 1.348 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 |
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 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 term time period is neutral. A longer time frame might give a better analysis.
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 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 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 negative zone. This is the SELL 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 143.28 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 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 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 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 negative zone. This is the SELL 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 143.28 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 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.