Technical Analysis for NUE - Nucor Corporation

Grade Last Price % Change Price Change
C 98.38 0.63% 0.62
NUE closed up 0.63 percent on Tuesday, July 27, 2021, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up
Historical NUE trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
20 DMA Support Bullish 0.00%
Stochastic Reached Overbought Strength 0.00%
BB Squeeze Ended Range Expansion 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.63%
Older End-of-Day Signals for NUE ...

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

Alert Time
Rose Above Upper Bollinger Band about 12 hours ago
60 Minute Opening Range Breakout about 12 hours ago
Up 1% about 12 hours ago
Upper Bollinger Band Resistance about 12 hours ago
Rose Above Previous Day's High about 13 hours ago
View Earlier Intraday Alerts

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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: S&P 500 Steel Building Materials Architecture Metal Alloy Airports Manufacturing Process Steel Products Fastener 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 110.965
52 Week Low 41.63
Average Volume 3,135,125
200-Day Moving Average 71.60
50-Day Moving Average 99.18
20-Day Moving Average 94.86
10-Day Moving Average 94.13
Average True Range 3.28
ADX 18.0
+DI 24.05
-DI 20.31
Chandelier Exit (Long, 3 ATRs) 89.15
Chandelier Exit (Short, 3 ATRs) 97.62
Upper Bollinger Bands 99.27
Lower Bollinger Band 90.45
Percent B (%b) 0.9
BandWidth 9.29
MACD Line -0.59
MACD Signal Line -1.15
MACD Histogram 0.559
Fundamentals Value
Market Cap 29.7 Billion
Num Shares 302 Million
EPS 1.41
Price-to-Earnings (P/E) Ratio 69.77
Price-to-Sales 0.83
Price-to-Book 1.61
PEG Ratio 0.75
Dividend 1.61
Dividend Yield 1.64%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 104.76
Resistance 3 (R3) 104.25 101.63 103.69
Resistance 2 (R2) 101.63 100.00 101.88 103.34
Resistance 1 (R1) 100.00 99.00 100.82 100.51 102.98
Pivot Point 97.38 97.38 97.78 97.63 97.38
Support 1 (S1) 95.75 95.75 96.57 96.26 93.78
Support 2 (S2) 93.13 94.75 93.38 93.42
Support 3 (S3) 91.50 93.13 93.07
Support 4 (S4) 92.01