Technical Analysis for NUE - Nucor Corporation

Grade Last Price % Change Price Change
grade D 57.25 -2.67% -1.57
NUE closed up 1.22 percent on Thursday, March 21, 2019, on 39 percent of normal volume.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical NUE trend table...

Date Alert Name Type % Chg
Mar 21 Cup with Handle Other -2.74%
Mar 20 Expansion Pivot Sell Setup Bearish Swing Setup -1.55%
Mar 20 Cup with Handle Other -1.55%
Mar 20 Lower Bollinger Band Touch Weakness -1.55%
Mar 19 50 DMA Resistance Bearish -2.92%
Mar 19 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.92%
Mar 19 Cup with Handle Other -2.92%
Mar 19 Spinning Top Other -2.92%
Mar 18 50 DMA Resistance Bearish -2.82%
Mar 18 Cup with Handle Other -2.82%

Older signals for NUE ...

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Profile
Nucor Corporation, together with its subsidiaries, engages in the manufacture and sale of steel and steel products in North America and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces and distributes hot-rolled, cold-rolled, and galvanized sheet steel; plate steel; structural steel comprising wide-flange beams, beam blanks, H-piling, and sheet piling; and bar steel, such as blooms, billets, concrete reinforcing bars, merchant bars, and special bar quality products. This segment sells its products to service centers, fabricators, and manufacturers. It serves automotive, energy, agricultural, heavy equipment, and transportation sectors. The Steel Products segment offers steel joists and joist girders, steel decks, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating and expanded metal, and wire and wire mesh. Its products are used by contractors in constructing highways, bridges, reservoirs, utilities, hospitals, schools, airports, stadiums, and high-rise buildings. This segment sells its products to general contractors, fabricators, distributors, and manufacturers. The Raw Materials segment produces direct reduced iron; brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal. This segment sells its products to electric arc furnace steel mills and foundries that use ferrous scrap as a raw material in their manufacturing process; and aluminum can producers, secondary aluminum smelters, steel mills, and other processors and consumers of various nonferrous metals. Nucor Corporation was founded in 1940 and is based in Charlotte, North Carolina.
Energy Manufacturing Steel Architecture Building Materials Metal Steel Products Heavy Equipment Manufacturing Process Steel Mills Scrap Rebar Metal Forming Structural Steel Steelmaking Steel Mill Transportation Sectors Electric Arc Furnace Sheet Metal Steel Joists
Is NUE a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 68.84
52 Week Low 49.79
Average Volume 2,468,130
200-Day Moving Average 61.1894
50-Day Moving Average 59.3316
20-Day Moving Average 59.6495
10-Day Moving Average 58.756
Average True Range 1.1729
ADX 17.35
+DI 16.335
-DI 26.7247
Chandelier Exit (Long, 3 ATRs ) 58.5213
Chandelier Exit (Short, 3 ATRs ) 60.8387
Upper Bollinger Band 61.7966
Lower Bollinger Band 57.5024
Percent B (%b) 0.32
BandWidth 7.199054
MACD Line -0.2837
MACD Signal Line -0.1127
MACD Histogram -0.1711
Fundamentals Value
Market Cap 18.8 Billion
Num Shares 319 Million
EPS 3.56
Price-to-Earnings (P/E) Ratio 16.53
Price-to-Sales 1.05
Price-to-Book 2.28
PEG Ratio 0.78
Dividend 1.51
Dividend Yield 2.57%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 60.95
Resistance 3 (R3) 60.77 59.89 60.60
Resistance 2 (R2) 59.89 59.36 59.98 60.48
Resistance 1 (R1) 59.38 59.03 59.64 59.56 60.37
Pivot Point 58.50 58.50 58.63 58.59 58.50
Support 1 (S1) 57.99 57.97 58.25 58.17 57.35
Support 2 (S2) 57.11 57.64 57.20 57.24
Support 3 (S3) 56.60 57.11 57.12
Support 4 (S4) 56.78