Technical Analysis for NUE - Nucor Corporation

Grade Last Price % Change Price Change
grade F 51.16 -0.45% -0.23
NUE closed down 0.45 percent on Friday, May 24, 2019, on 83 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

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

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Expansion Breakdown Bearish Swing Setup -0.45%
Reversal New Lows Setup Bearish Swing Setup -0.45%
Lower Bollinger Band Walk Weakness -0.45%
Below Lower BB Weakness -0.45%

Older signals for NUE ...

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

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 Scrap Steel Mills 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, 4 bearish and 1 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 2,185,777
200-Day Moving Average 59.2861
50-Day Moving Average 57.0548
20-Day Moving Average 55.0365
10-Day Moving Average 53.474
Average True Range 1.3692
ADX 25.92
+DI 13.0888
-DI 34.9599
Chandelier Exit (Long, 3 ATRs ) 54.5948
Chandelier Exit (Short, 3 ATRs ) 55.2276
Upper Bollinger Band 58.8048
Lower Bollinger Band 51.2682
Percent B (%b) -0.01
BandWidth 13.693821
MACD Line -1.5231
MACD Signal Line -1.1437
MACD Histogram -0.3795
Fundamentals Value
Market Cap 16.34 Billion
Num Shares 319 Million
EPS 3.56
Price-to-Earnings (P/E) Ratio 14.37
Price-to-Sales 1.05
Price-to-Book 2.28
PEG Ratio 0.78
Dividend 1.51
Dividend Yield 2.95%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 53.01
Resistance 3 (R3) 53.20 52.77 52.70
Resistance 2 (R2) 52.77 52.30 52.68 52.59
Resistance 1 (R1) 51.97 52.01 51.76 51.78 52.49
Pivot Point 51.54 51.54 51.44 51.45 51.54
Support 1 (S1) 50.74 51.07 50.53 50.55 49.83
Support 2 (S2) 50.31 50.78 50.22 49.73
Support 3 (S3) 49.51 50.31 49.62
Support 4 (S4) 49.32