US stock / ETF

Nucor Corporation

NUE · NYSE · USD

12 hoursBearish69%
12h Downside probability 69%Bearish

NUE 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $246.21 and stabilize above resistance $268.82.

Invalidation Trigger

Break above $268.82 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 45.1, MACD -3.392

12h
Volatility EnvironmentRange
Medium volatility

ATR is $8.01 (3.36%)

12h

EMA Structure

Range
EMA 8$245.12Bearish
EMA 21$246.21Bearish
EMA 50$233.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 45.1 · MACD -3.392

Neutral zone

Strength
Bearish
Volatility
ATR $8.01 · BB 12.44%

Medium volatility

Strength
Range
Volume
MFI 19.2 · OBV -33.02%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$219.64 - $268.82

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.22% · 4.8 ATR above latest close

$276.83
Nearest resistance

+12.86% · 3.8 ATR above · 34-bar high

$268.82
Current price

Price shown is delayed

$238.19
Nearest support

-7.79% · 2.3 ATR below · 34-bar low

$219.64
Deeper support zone

-11.15% · 3.3 ATR below latest close

$211.62
ATR zone

Latest close ± ATR14

$230.18 - $246.2

Indicators

Trend

Dow Theory Structure

Confirmation $268.82, invalidation $246

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

37.2 / 17.6 / 33.4Bearish
Supertrend (10,3)

Price is above Supertrend

$218.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.46 / $228.25Bearish
Donchian Channel (20)

20-period breakout channel position

0%Range

Volatility

ATR (14)

Medium volatility

$8.01 (3.36%)Range
Bollinger Bands (20,2)

Width 12.44%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$262.21 / $230.71Range
ATR channel lower / upper

Current Volatility Envelope

$230.18 / $246.2Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$268.82Range
Support

Nearest Downside Decision Level

$219.64Range

Momentum

RSI (14)

Neutral zone

45.1Range
MACD (12,26,9)

Histogram is negative

-3.392Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 10.7Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-121.5Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

19.2Bearish
OBV slope

20-period OBV slope

-33.02%Bearish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Trend

Dow Theory Structure

Confirmation $268.82, invalidation $246

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

37.2 / 17.6 / 33.4Bearish
Supertrend (10,3)

Price is above Supertrend

$218.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.46 / $228.25Bearish
Donchian Channel (20)

20-period breakout channel position

0%Range

Momentum

RSI (14)

Neutral zone

45.1Range
MACD (12,26,9)

Histogram is negative

-3.392Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 10.7Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-121.5Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$8.01 (3.36%)Range
Bollinger Bands (20,2)

Width 12.44%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$262.21 / $230.71Range
ATR channel lower / upper

Current Volatility Envelope

$230.18 / $246.2Range

Volume / Money Flow

MFI (14)

Money flow is weak

19.2Bearish
OBV slope

20-period OBV slope

-33.02%Bearish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$268.82Range
Support

Nearest Downside Decision Level

$219.64Range

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