US stock / ETF

Nucor Corporation

NUE · NYSE · USD

1 hourBearish64%
1h Downside probability 64%Bearish

NUE 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is above EMA21, short trend is constructive

Confirmation Trigger

Recover $272.28 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 above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 52.3, MACD -0.155

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.43 (0.53%)

1h

EMA Structure

Range
EMA 8$272.24Bullish
EMA 21$272.28Bullish
EMA 50$269.85Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.3 · MACD -0.155

Neutral zone

Strength
Bullish
Volatility
ATR $1.43 · BB 2.46%

Low volatility

Strength
Bullish
Volume
MFI 43.1 · OBV -5.51%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$266.89 - $280.11

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.27% · 6.2 ATR above latest close

$281.54
Nearest resistance

+2.74% · 5.2 ATR above · 34-bar high

$280.11
Current price

Price shown is delayed

$272.63
Nearest support

-2.11% · 4.0 ATR below · 34-bar low

$266.89
Deeper support zone

-2.63% · 5.0 ATR below latest close

$265.45
ATR zone

Latest close ± ATR14

$271.2 - $274.06

Indicators

Trend

Dow Theory Structure

Confirmation $266.89, invalidation $272.5

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

Trend strength is active

39.9 / 19.9 / 36.1Bearish
Supertrend (10,3)

Price is above Supertrend

$268.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$270.94 / $266Bullish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

Low volatility

$1.43 (0.53%)Bullish
Bollinger Bands (20,2)

Width 2.46%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$275.36 / $269.25Bullish
ATR channel lower / upper

Current Volatility Envelope

$271.2 / $274.06Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$266.89Range

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

-0.155Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.3 / 78.6Bullish
Williams %R (14)

Overbought zone

-18.7Bearish
CCI (20)

Balanced zone

0.9Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.1Bearish
OBV slope

20-period OBV slope

-5.51%Bearish
Volume ratio

Relative to 20-period average volume

3.50xBullish

Trend

Dow Theory Structure

Confirmation $266.89, invalidation $272.5

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

Trend strength is active

39.9 / 19.9 / 36.1Bearish
Supertrend (10,3)

Price is above Supertrend

$268.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$270.94 / $266Bullish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

-0.155Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.3 / 78.6Bullish
Williams %R (14)

Overbought zone

-18.7Bearish
CCI (20)

Balanced zone

0.9Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$1.43 (0.53%)Bullish
Bollinger Bands (20,2)

Width 2.46%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$275.36 / $269.25Bullish
ATR channel lower / upper

Current Volatility Envelope

$271.2 / $274.06Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.1Bearish
OBV slope

20-period OBV slope

-5.51%Bearish
Volume ratio

Relative to 20-period average volume

3.50xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$266.89Range

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