(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 2025-01-31 View latest technical analysis
10 day averaged volume of Nucor Corporation is 2795890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Jan 2025 | 128.43 | 128.32 | 131.46 | 126.66 | 1.435 times |
| 30 Thu Jan 2025 | 128.68 | 128.00 | 128.85 | 126.70 | 1.118 times |
| 29 Wed Jan 2025 | 126.87 | 126.75 | 128.78 | 125.76 | 0.98 times |
| 28 Tue Jan 2025 | 126.55 | 121.97 | 127.79 | 119.30 | 1.757 times |
| 27 Mon Jan 2025 | 121.97 | 122.69 | 123.27 | 121.16 | 1.11 times |
| 24 Fri Jan 2025 | 122.17 | 124.00 | 124.54 | 121.36 | 0.859 times |
| 23 Thu Jan 2025 | 122.06 | 122.08 | 124.39 | 121.82 | 1.073 times |
| 22 Wed Jan 2025 | 122.09 | 124.74 | 125.83 | 121.66 | 0.98 times |
| 21 Tue Jan 2025 | 125.07 | 126.50 | 127.74 | 124.11 | 0.794 times |
| 17 Fri Jan 2025 | 124.53 | 124.27 | 126.14 | 123.81 | 0.665 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 129.7, for a target of 126 or 123.02
Share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Target | 112.25 |
| Downside Target | 116.24 |
| Downside Target | 123.81 |
| Upside Target | 131.46 |
| Upside Target | 133.42 |
| Upside Target | 140.42 |
| Upside Target | 141.33 |
| Upside Target | 147.08 |
| Upside Target | 152.54 |
| Upside Target | 159.49 |
| Upside Target | 170.52 |
Intraday share price targets for Nucor Corporation (NUE)
| Target Type | Value |
| Downside Intraday Target | 121.33 |
| Downside Intraday Target | 114.24 |
| Upside Intraday Target | 133.49 |
| Upside Intraday Target | 138.56 |
| Downside Intraday Target | 126.4 |
Weekly technical analysis of Nucor Corporation (NUE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Jan 2025 | 128.43 | 122.69 | 131.46 | 119.30 | 1.727 times |
| 24 Fri Jan 2025 | 122.17 | 126.50 | 127.74 | 121.36 | 5.575 times |
| 17 Fri Jan 2025 | 124.53 | 124.27 | 126.14 | 123.81 | 0.175 times |
| 17 Fri Jan 2025 | 124.53 | 118.36 | 126.14 | 117.60 | 2.122 times |
| 10 Fri Jan 2025 | 118.16 | 120.53 | 121.00 | 116.24 | 0.62 times |
Price has moved up 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 |
| 31 Fri Jan 2025 | 128.43 | 117.80 | 131.46 | 112.25 | 1.398 times |
| 31 Tue Dec 2024 | 116.71 | 144.86 | 147.08 | 113.94 | 1.015 times |
| 26 Tue Nov 2024 | 154.00 | 141.81 | 170.52 | 141.33 | 0.954 times |
| 31 Thu Oct 2024 | 141.84 | 149.90 | 159.49 | 140.42 | 1.348 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 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 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 but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Nucor Corporation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 125.14 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 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 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 but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Nucor Corporation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 125.14 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.