US stock / ETF

Nucor Corporation

NUE · NYSE · USD

1 dayBearish87%
Daily Downside probability 87%Bearish

NUE 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $254.96 and stabilize above resistance $280.11.

Invalidation Trigger

Break above $280.11 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 46.8, MACD -2.352

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $9.27 (3.7%)

Daily

EMA Structure

Range
EMA 8$252.51Bearish
EMA 21$254.96Bearish
EMA 50$249.36Bullish

Signals

CategoryReadStrength
Momentum
RSI 46.8 · MACD -2.352

Neutral zone

Strength
Bearish
Volatility
ATR $9.27 · BB 17.58%

Medium volatility

Strength
Range
Volume
MFI 40.5 · OBV -7.94%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$231.13 - $280.11

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+15.52% · 4.2 ATR above latest close

$289.38
Nearest resistance

+11.82% · 3.2 ATR above · 34-bar high

$280.11
Current price

Price shown is delayed

$250.5
Nearest support

-7.73% · 2.1 ATR below · 34-bar low

$231.13
Deeper support zone

-11.43% · 3.1 ATR below latest close

$221.86
ATR zone

Latest close ± ATR14

$241.23 - $259.77

Indicators

Trend

Dow Theory Structure

Confirmation $238.62, invalidation $255.61

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

33.6 / 19.0 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$219.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$257.27 / $247.36Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Volatility

ATR (14)

Medium volatility

$9.27 (3.7%)Range
Bollinger Bands (20,2)

Width 17.58%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$276.69 / $233.32Range
ATR channel lower / upper

Current Volatility Envelope

$241.23 / $259.77Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$231.13Range

Momentum

RSI (14)

Neutral zone

46.8Range
MACD (12,26,9)

Histogram is negative

-2.352Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.5 / 34.0Bearish
Williams %R (14)

Neutral zone

-69.5Range
CCI (20)

Balanced zone

-63.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

-7.94%Bearish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Trend

Dow Theory Structure

Confirmation $238.62, invalidation $255.61

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

33.6 / 19.0 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$219.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$257.27 / $247.36Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Momentum

RSI (14)

Neutral zone

46.8Range
MACD (12,26,9)

Histogram is negative

-2.352Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.5 / 34.0Bearish
Williams %R (14)

Neutral zone

-69.5Range
CCI (20)

Balanced zone

-63.1Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$9.27 (3.7%)Range
Bollinger Bands (20,2)

Width 17.58%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$276.69 / $233.32Range
ATR channel lower / upper

Current Volatility Envelope

$241.23 / $259.77Range

Volume / Money Flow

MFI (14)

Money flow is weak

40.5Bearish
OBV slope

20-period OBV slope

-7.94%Bearish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$231.13Range

Related Forecasts