Technical Analysis for NUE - Nucor Corporation

Grade Last Price % Change Price Change
C 79.5 0.76% 0.60
NUE closed up 0.76 percent on Friday, April 16, 2021, on 74 percent of normal volume.
Earnings due: Apr 26
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat
Historical NUE trend table...

Date Alert Name Type % Chg
Three Weeks Tight Range Contraction 0.00%
Multiple of Ten Bearish Other 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.76%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.76%
1,2,3 Pullback Bullish Bullish Swing Setup 0.56%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.56%
Multiple of Ten Bearish Other 0.56%
Inside Day Range Contraction 0.56%
Multiple of Ten Bearish Other 1.56%
Overbought Stochastic Strength 1.56%
Older End-of-Day Signals for NUE ...

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Profile

Nucor Corporation Description

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.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Steel Building Materials Architecture Metal Alloy Airports Manufacturing Process Fastener Steel Products Fasteners Alloys Heavy Equipment Stadiums Ferrous General Contractor Sheet Metal Rebar Steel Mill Structural Steel Transportation Sector Steel Mills Metal Forming Nonferrous Metal Scrap Metal Steelmaking Flange Transportation Sectors Aluminum Can Electric Arc Furnace Ferrous Scrap Metal Steel Deck 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

Indicators

Indicator Value
52 Week High 82.76
52 Week Low 35.32
Average Volume 2,948,421
200-Day Moving Average 53.57
50-Day Moving Average 67.69
20-Day Moving Average 77.28
10-Day Moving Average 79.63
Average True Range 2.40
ADX 36.1
+DI 30.29
-DI 18.99
Chandelier Exit (Long, 3 ATRs ) 75.57
Chandelier Exit (Short, 3 ATRs ) 74.11
Upper Bollinger Band 85.80
Lower Bollinger Band 68.75
Percent B (%b) 0.63
BandWidth 22.06
MACD Line 3.43
MACD Signal Line 4.04
MACD Histogram -0.6037
Fundamentals Value
Market Cap 24 Billion
Num Shares 302 Million
EPS 1.41
Price-to-Earnings (P/E) Ratio 56.38
Price-to-Sales 0.83
Price-to-Book 1.61
PEG Ratio 0.75
Dividend 1.61
Dividend Yield 2.03%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 82.77
Resistance 3 (R3) 82.72 81.57 82.23
Resistance 2 (R2) 81.57 80.74 81.60 82.04
Resistance 1 (R1) 80.54 80.23 79.97 80.59 81.86
Pivot Point 79.39 79.39 79.11 79.42 79.39
Support 1 (S1) 78.36 78.56 77.79 78.41 77.14
Support 2 (S2) 77.21 78.05 77.24 76.96
Support 3 (S3) 76.18 77.21 76.78
Support 4 (S4) 76.23