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Nucor Corporation(NUE)

$172.12-0.76%

Market is closed - opens 7 PM, 20 May 2024

Insights

  • Nucor Corporation 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 Corporation 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 Corporation stock is in a downtrend↘️
  • Based on analysis of the Pivot Points, the current market trend for Nucor Corporation 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
41.46
Neutral
Stochastic
64.28, 70.39
Neutral
Ultimate Oscillator
42.73
Neutral
Stochastic Relative Strength Index
89.33, 92.15
Sell
Moving Average Convergence Divergence
-3.9, -4.65
Neutral

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
173.14
Sell
20
174.8
Sell
50
186.02
Buy

Exponential Moving Average

Period (Days)

Value

Action

10
173.95
Sell
20
176.57
Sell
50
181.66
Sell

Volume Weighted Moving Average

Period (Days)

Value

Action

10
173.12
Neutral
20
175.49
Neutral
50
184.36
Sell

Double Exponential Moving Average

Period (Days)

Value

Action

10
172.65
Buy
20
170.97
Sell
50
178.49
Sell

Triple Exponential Moving Average

Period (Days)

Value

Action

10
174.53
Buy
20
170.12
Sell
50
173.1
Sell

Pivot

Pivot

Value

Resistance L3
180.79
Resistance L2
178.64
Resistance L1
177.42
Pivot Point
175.27
Support L1
174.05
Support L2
171.9
Support L3
170.68

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