US stock / ETF

Nucor Corporation

NUE · NYSE · USD

12 hoursBullish92%
12h Upside probability 92%Bullish

NUE 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $229.2 and reclaim $275.

Invalidation Trigger

Lose $229.2 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 62.7, MACD 0.681

12h
Volatility EnvironmentRange
Medium volatility

ATR is $7.57 (2.81%)

12h

EMA Structure

Bullish
EMA 8$262.75Bullish
EMA 21$258.7Bullish
EMA 50$255.14Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.7 · MACD 0.681

Momentum is strong

Strength
Bullish
Volatility
ATR $7.57 · BB 7.74%

Medium volatility

Strength
Range
Volume
MFI 75.7 · OBV 16.31%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$229.2 - $275

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.8% · 1.7 ATR above latest close

$282.57
Nearest resistance

+1.99% · 0.7 ATR above · 34-bar high

$275
Current price

Price shown is delayed

$269.63
Nearest support

-14.99% · 5.3 ATR below · 34-bar low

$229.2
Deeper support zone

-17.8% · 6.3 ATR below latest close

$221.63
ATR zone

Latest close ± ATR14

$262.05 - $277.2

Indicators

Trend

Dow Theory Structure

Confirmation $263.44, invalidation $252.5

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

Trend strength is active

28.2 / 32.1 / 22.7Bullish
Supertrend (10,3)

Price is above Supertrend

$247.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$261.41 / $252.1Bullish
Donchian Channel (20)

20-period breakout channel position

80%Bullish

Volatility

ATR (14)

Medium volatility

$7.57 (2.81%)Range
Bollinger Bands (20,2)

Width 7.74%

103%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$273.47 / $244.4Range
ATR channel lower / upper

Current Volatility Envelope

$262.05 / $277.2Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$275Range
Support

Nearest Downside Decision Level

$229.2Range

Momentum

RSI (14)

Momentum is strong

62.7Bullish
MACD (12,26,9)

Histogram is positive

0.681Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.8 / 68.7Bullish
Williams %R (14)

Neutral zone

-22.2Range
CCI (20)

Strong expansion

185.5Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

75.7Bullish
OBV slope

20-period OBV slope

16.31%Bullish
Volume ratio

Relative to 20-period average volume

0.68xBearish

Trend

Dow Theory Structure

Confirmation $263.44, invalidation $252.5

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

Trend strength is active

28.2 / 32.1 / 22.7Bullish
Supertrend (10,3)

Price is above Supertrend

$247.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$261.41 / $252.1Bullish
Donchian Channel (20)

20-period breakout channel position

80%Bullish

Momentum

RSI (14)

Momentum is strong

62.7Bullish
MACD (12,26,9)

Histogram is positive

0.681Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.8 / 68.7Bullish
Williams %R (14)

Neutral zone

-22.2Range
CCI (20)

Strong expansion

185.5Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$7.57 (2.81%)Range
Bollinger Bands (20,2)

Width 7.74%

103%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$273.47 / $244.4Range
ATR channel lower / upper

Current Volatility Envelope

$262.05 / $277.2Range

Volume / Money Flow

MFI (14)

Money flow is strong

75.7Bullish
OBV slope

20-period OBV slope

16.31%Bullish
Volume ratio

Relative to 20-period average volume

0.68xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$275Range
Support

Nearest Downside Decision Level

$229.2Range

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