Technical Analysis for NUE - Nucor Corporation

Grade Last Price % Change Price Change
B 156.35 -0.89% -1.41
NUE closed down 0.89 percent on Friday, September 29, 2023, on approximately normal volume.
Earnings due: Oct 18
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Cup with Handle Other 0.00%
Gapped Up Strength 0.00%
Cup with Handle Other -0.89%
Oversold Stochastic Weakness -0.89%
Crossed Above 200 DMA Bullish 0.74%
Cup with Handle Other 0.74%
Strong but Oversold Other 0.74%
Gapped Up Strength 0.74%
Oversold Stochastic Weakness 0.74%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1% about 9 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
20 DMA Resistance about 11 hours ago
Rose Above Previous Day's High about 12 hours ago
Up 1% about 12 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.


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.


Sector: Basic Materials
Industry: Steel
Keywords: S&P 500 Steel Metals Building Materials Alloys Airport Manufacturing Process Steel Products Fasteners Heavy Equipment Stadiums Ferrous General Contractor Sheet Metal Structural Steel Rebar Transportation Sector Metal Forming Scrap Metal Flange Nonferrous Metal Steel Mill Steelmaking Aluminum Can Electric Arc Furnace 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


Indicator Value
52 Week High 180.8879
52 Week Low 108.1981
Average Volume 1,285,357
200-Day Moving Average 154.58
50-Day Moving Average 164.86
20-Day Moving Average 159.69
10-Day Moving Average 154.57
Average True Range 4.27
RSI (14) 44.75
ADX 19.66
+DI 19.57
-DI 21.74
Chandelier Exit (Long, 3 ATRs) 161.53
Chandelier Exit (Short, 3 ATRs) 163.70
Upper Bollinger Bands 172.34
Lower Bollinger Band 147.04
Percent B (%b) 0.37
BandWidth 15.84
MACD Line -3.13
MACD Signal Line -3.06
MACD Histogram -0.0655
Fundamentals Value
Market Cap 47.2 Billion
Num Shares 302 Million
EPS 1.41
Price-to-Earnings (P/E) Ratio 110.89
Price-to-Sales 0.83
Price-to-Book 1.61
PEG Ratio 0.75
Dividend 1.61
Dividend Yield 1.03%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 162.26
Resistance 3 (R3) 162.73 161.23 161.28
Resistance 2 (R2) 161.23 159.73 161.00 160.95
Resistance 1 (R1) 158.79 158.80 158.04 158.32 160.62
Pivot Point 157.29 157.29 156.92 157.06 157.29
Support 1 (S1) 154.85 155.79 154.10 154.38 152.08
Support 2 (S2) 153.35 154.86 153.12 151.75
Support 3 (S3) 150.91 153.35 151.43
Support 4 (S4) 150.44