Technical Analysis for NUE - Nucor Corporation

Grade Last Price % Change Price Change
grade B 57.61 1.98% 1.12
NUE closed up 1.98 percent on Friday, December 6, 2019, on approximately normal volume.

Trend Table & Recent Signals

ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical NUE trend table...

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Cup with Handle Other 1.98%
BB Squeeze Ended Range Expansion 1.98%
Crossed Above 20 DMA Bullish 3.19%
Cup with Handle Other 3.19%
Bollinger Band Squeeze Range Contraction 3.19%

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 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

Indicators

Indicator Value
52 Week High 62.31
52 Week Low 46.1
Average Volume 1,804,394
200-Day Moving Average 54.29
50-Day Moving Average 53.60
20-Day Moving Average 55.54
10-Day Moving Average 56.18
Average True Range 1.07
ADX 22.36
+DI 33.38
-DI 18.63
Chandelier Exit (Long, 3 ATRs ) 54.63
Chandelier Exit (Short, 3 ATRs ) 57.10
Upper Bollinger Band 57.27
Lower Bollinger Band 53.81
Percent B (%b) 1.1
BandWidth 6.24
MACD Line 0.77
MACD Signal Line 0.71
MACD Histogram 0.0608
Fundamentals Value
Market Cap 18.4 Billion
Num Shares 319 Million
EPS 3.56
Price-to-Earnings (P/E) Ratio 16.18
Price-to-Sales 1.05
Price-to-Book 2.28
PEG Ratio 0.78
Dividend 1.51
Dividend Yield 2.62%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 59.08
Resistance 3 (R3) 58.99 58.42 58.84
Resistance 2 (R2) 58.42 58.04 58.46 58.75
Resistance 1 (R1) 58.01 57.81 58.22 58.10 58.67
Pivot Point 57.44 57.44 57.54 57.48 57.44
Support 1 (S1) 57.03 57.06 57.24 57.12 56.55
Support 2 (S2) 56.46 56.83 56.50 56.47
Support 3 (S3) 56.05 56.46 56.39
Support 4 (S4) 56.14