US stock / ETF

Nucor Corporation

NUE · NYSE · USD

1 dayBearish69%
Daily Downside probability 69%Bearish

NUE 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $247.57 and stabilize above resistance $268.47.

Invalidation Trigger

Break above $268.47 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 47.7, MACD 0.429

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $5.75 (2.33%)

Daily

EMA Structure

Bearish
EMA 8$245.17Bullish
EMA 21$247.57Bearish
EMA 50$249.28Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.7 · MACD 0.429

Neutral zone

Strength
Range
Volatility
ATR $5.75 · BB 13.65%

Medium volatility

Strength
Range
Volume
MFI 35.5 · OBV -3.84%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$229.2 - $268.47

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+11.27% · 4.8 ATR above latest close

$274.21
Nearest resistance

+8.94% · 3.8 ATR above · 34-bar high

$268.47
Current price

Price shown is delayed

$246.44
Nearest support

-7% · 3.0 ATR below · 34-bar low

$229.2
Deeper support zone

-9.33% · 4.0 ATR below latest close

$223.45
ATR zone

Latest close ± ATR14

$240.69 - $252.19

Indicators

Trend

Dow Theory Structure

Confirmation $253.28, invalidation $229.2

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

31.8 / 26.6 / 30.8Bearish
Supertrend (10,3)

Price is above Supertrend

$229.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$245.04 / $254.66Bearish
Donchian Channel (20)

20-period breakout channel position

44%Range

Volatility

ATR (14)

Medium volatility

$5.75 (2.33%)Range
Bollinger Bands (20,2)

Width 13.65%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$259.78 / $234.96Range
ATR channel lower / upper

Current Volatility Envelope

$240.69 / $252.19Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$268.47Range
Support

Nearest Downside Decision Level

$229.2Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is positive

0.429Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.6 / 61.9Bullish
Williams %R (14)

Neutral zone

-28.4Range
CCI (20)

Balanced zone

-8.2Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.5Bearish
OBV slope

20-period OBV slope

-3.84%Bearish
Volume ratio

Relative to 20-period average volume

1.05xRange

Trend

Dow Theory Structure

Confirmation $253.28, invalidation $229.2

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

31.8 / 26.6 / 30.8Bearish
Supertrend (10,3)

Price is above Supertrend

$229.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$245.04 / $254.66Bearish
Donchian Channel (20)

20-period breakout channel position

44%Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is positive

0.429Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

71.6 / 61.9Bullish
Williams %R (14)

Neutral zone

-28.4Range
CCI (20)

Balanced zone

-8.2Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$5.75 (2.33%)Range
Bollinger Bands (20,2)

Width 13.65%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$259.78 / $234.96Range
ATR channel lower / upper

Current Volatility Envelope

$240.69 / $252.19Range

Volume / Money Flow

MFI (14)

Money flow is weak

35.5Bearish
OBV slope

20-period OBV slope

-3.84%Bearish
Volume ratio

Relative to 20-period average volume

1.05xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$268.47Range
Support

Nearest Downside Decision Level

$229.2Range

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