Technical Analysis for NUE - Nucor Corporation

Grade Last Price % Change Price Change
C 151.92 1.29% 1.93
NUE closed up 1.29 percent on Friday, November 22, 2024, on 67 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Multiple of Ten Bullish Other 0.00%
Up 3 Days in a Row Strength 0.00%
Crossed Above 20 DMA Bullish 1.29%
Crossed Above 50 DMA Bullish 1.29%
Stochastic Buy Signal Bullish 1.29%
Multiple of Ten Bearish Other 1.29%
20 DMA Resistance Bearish 2.53%
50 DMA Resistance Bearish 2.53%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 18 hours ago
Up 2% about 18 hours ago
Up 1% about 18 hours ago
20 DMA Support about 18 hours ago
Rose Above Previous Day's High about 18 hours ago

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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 Metals Alloys Airport Manufacturing Process Fasteners Steel Products Heavy Equipment Stadiums Ferrous General Contractor Sheet Metal Rebar Structural Steel Scrap Metal Transportation Sector Metal Forming Nonferrous Metal Steel Mill Flange Steelmaking Aluminum Can Electric Arc Furnace 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 201.566
52 Week Low 132.9416
Average Volume 1,900,672
200-Day Moving Average 163.39
50-Day Moving Average 149.58
20-Day Moving Average 149.93
10-Day Moving Average 150.06
Average True Range 4.86
RSI (14) 52.61
ADX 14.38
+DI 31.29
-DI 25.84
Chandelier Exit (Long, 3 ATRs) 155.94
Chandelier Exit (Short, 3 ATRs) 154.99
Upper Bollinger Bands 163.66
Lower Bollinger Band 136.20
Percent B (%b) 0.57
BandWidth 18.31
MACD Line 0.02
MACD Signal Line 0.29
MACD Histogram -0.2742
Fundamentals Value
Market Cap 37.35 Billion
Num Shares 246 Million
EPS 18.00
Price-to-Earnings (P/E) Ratio 8.44
Price-to-Sales 1.32
Price-to-Book 2.19
PEG Ratio 0.75
Dividend 2.07
Dividend Yield 1.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 157.41
Resistance 3 (R3) 157.24 155.25 156.50
Resistance 2 (R2) 155.25 153.85 155.33 156.19
Resistance 1 (R1) 153.58 152.98 154.42 153.75 155.88
Pivot Point 151.59 151.59 152.00 151.67 151.59
Support 1 (S1) 149.92 150.19 150.76 150.09 147.96
Support 2 (S2) 147.93 149.32 148.01 147.65
Support 3 (S3) 146.26 147.93 147.35
Support 4 (S4) 146.43