US stock / ETF

Nucor Corporation

NUE · NYSE · USD

1 hourBearish67%
1h Downside probability 67%Bearish

NUE 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $250.77 and stabilize above resistance $256.21.

Invalidation Trigger

Break above $256.21 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 49.7, MACD -0.217

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.46 (0.98%)

1h

EMA Structure

Range
EMA 8$250.7Bearish
EMA 21$250.77Bearish
EMA 50$250.54Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.7 · MACD -0.217

Neutral zone

Strength
Bearish
Volatility
ATR $2.46 · BB 3.06%

Low volatility

Strength
Bullish
Volume
MFI 61.2 · OBV 1.01%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$246.24 - $256.21

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.26% · 3.3 ATR above latest close

$258.66
Nearest resistance

+2.28% · 2.3 ATR above · 34-bar high

$256.21
Current price

Price shown is delayed

$250.5
Nearest support

-1.7% · 1.7 ATR below · 34-bar low

$246.24
Deeper support zone

-2.68% · 2.7 ATR below latest close

$243.78
ATR zone

Latest close ± ATR14

$248.04 - $252.96

Indicators

Trend

Dow Theory Structure

Confirmation $256.18, invalidation $248.13

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

Trend strength is moderate

11.2 / 37.3 / 34.9Bullish
Supertrend (10,3)

Price is above Supertrend

$241.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$251.69 / $249.65Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Volatility

ATR (14)

Low volatility

$2.46 (0.98%)Bullish
Bollinger Bands (20,2)

Width 3.06%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$256.86 / $244.72Bullish
ATR channel lower / upper

Current Volatility Envelope

$248.04 / $252.96Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$256.21Range
Support

Nearest Downside Decision Level

$246.24Range

Momentum

RSI (14)

Neutral zone

49.7Range
MACD (12,26,9)

Histogram is negative

-0.217Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.9 / 45.0Bearish
Williams %R (14)

Neutral zone

-57.1Range
CCI (20)

Balanced zone

-34.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

61.2Bullish
OBV slope

20-period OBV slope

1.01%Bullish
Volume ratio

Relative to 20-period average volume

3.92xBullish

Trend

Dow Theory Structure

Confirmation $256.18, invalidation $248.13

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

Trend strength is moderate

11.2 / 37.3 / 34.9Bullish
Supertrend (10,3)

Price is above Supertrend

$241.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$251.69 / $249.65Bearish
Donchian Channel (20)

20-period breakout channel position

43%Range

Momentum

RSI (14)

Neutral zone

49.7Range
MACD (12,26,9)

Histogram is negative

-0.217Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.9 / 45.0Bearish
Williams %R (14)

Neutral zone

-57.1Range
CCI (20)

Balanced zone

-34.3Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$2.46 (0.98%)Bullish
Bollinger Bands (20,2)

Width 3.06%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$256.86 / $244.72Bullish
ATR channel lower / upper

Current Volatility Envelope

$248.04 / $252.96Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.2Bullish
OBV slope

20-period OBV slope

1.01%Bullish
Volume ratio

Relative to 20-period average volume

3.92xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$256.21Range
Support

Nearest Downside Decision Level

$246.24Range

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