Nucor Corporation (NUE) Technical Analysis

$142.11▲-0.2%

Insights

Nucor is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
Based on analysis of the Oscillators technical indicator, the current market trend for Nucor stock suggests that it is a good time to sell or bad time to initiate a fresh position
Based on analysis of the Moving Averages technical indicator, Nucor stock is in a uptrend ↗️
Based on analysis of the Pivot Points, the current market trend for Nucor stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name	Value	Action
Relative Strength Index	72.39	Sell
Stochastic	88.12, 90.63	Sell
Ultimate Oscillator	61.94	Neutral
Stochastic Relative Strength Index	90.54, 89.13	Neutral
Moving Average Convergence Divergence	5.9, 4.93	Buy

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	137.39	Buy
20	131.08	Buy
50	122.44	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	137.58	Buy
20	132.67	Buy
50	126.19	Buy

Volume Weighted Moving Average

Period (Days)	Value	Action
10	136.26	Neutral
20	129.4	Buy
50	121.6	Buy

Double Exponential Moving Average

Period (Days)	Value	Action
10	142.78	Buy
20	140.31	Buy
50	130.46	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	143.42	Buy
20	143.31	Buy
50	137.09	Buy

Pivot

Pivot	Value
Resistance L3	148.55
Resistance L2	146.79
Resistance L1	145.05
Pivot Point	143.3
Support L1	141.56
Support L2	139.8
Support L3	138.06

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.