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Nucor Corporation (NUE) Technical Analysis

$115.23-0.23%

Market is closed - opens 7 PM, 12 May 2025

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 range bound and no decision can be made based on this information
  • Based on analysis of the Moving Averages technical indicator, Nucor stock is in a downtrend↘️
  • 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
47.13
Neutral
Stochastic
49.83, 51.37
Neutral
Ultimate Oscillator
43.62
Neutral
Stochastic Relative Strength Index
39.74, 48.92
Neutral
Moving Average Convergence Divergence
-0.32, -0.83
Neutral

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
118.06
Buy
20
114.59
Sell
50
120.47
Sell

Exponential Moving Average

Period (Days)

Value

Action

10
116.56
Buy
20
116.35
Sell
50
119.43
Sell

Volume Weighted Moving Average

Period (Days)

Value

Action

10
117.78
Neutral
20
114.82
Neutral
50
120.98
Neutral

Double Exponential Moving Average

Period (Days)

Value

Action

10
117.06
Buy
20
115.58
Buy
50
114.06
Sell

Triple Exponential Moving Average

Period (Days)

Value

Action

10
116.6
Sell
20
117.67
Buy
50
113.04
Sell

Pivot

Pivot

Value

Resistance L3
119.61
Resistance L2
118.38
Resistance L1
116.94
Pivot Point
115.71
Support L1
114.27
Support L2
113.04
Support L3
111.6

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