US stock / ETF

Nucor Corporation

NUE · NYSE · USD

1 hourBullish88%
1h Upside probability 88%Bullish

NUE 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $252.5 and reclaim $275.

Invalidation Trigger

Lose $252.5 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateRange
Momentum mixed

RSI 57.3, MACD -0.141

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.33 (0.86%)

1h

EMA Structure

Bullish
EMA 8$269.19Bullish
EMA 21$267.09Bullish
EMA 50$263.92Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.3 · MACD -0.141

Momentum is strong

Strength
Range
Volatility
ATR $2.33 · BB 9.32%

Low volatility

Strength
Bullish
Volume
MFI 64.6 · OBV 54.42%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$252.5 - $275

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.84% · 3.3 ATR above latest close

$277.33
Nearest resistance

+1.97% · 2.3 ATR above · 34-bar high

$275
Current price

Price shown is delayed

$269.68
Nearest support

-6.37% · 7.4 ATR below · 34-bar low

$252.5
Deeper support zone

-7.23% · 8.4 ATR below latest close

$250.17
ATR zone

Latest close ± ATR14

$267.34 - $272.01

Indicators

Trend

Dow Theory Structure

Confirmation $275, invalidation $265.94

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

Trend strength is active

26.5 / 30.5 / 27.5Bullish
Supertrend (10,3)

Price is above Supertrend

$264.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$266.45 / $262.87Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Volatility

ATR (14)

Low volatility

$2.33 (0.86%)Bullish
Bollinger Bands (20,2)

Width 9.32%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$271.11 / $263.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$267.34 / $272.01Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$275Range
Support

Nearest Downside Decision Level

$252.5Range

Momentum

RSI (14)

Momentum is strong

57.3Bullish
MACD (12,26,9)

Histogram is negative

-0.141Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.2 / 59.4Bearish
Williams %R (14)

Neutral zone

-58.8Range
CCI (20)

Balanced zone

45.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.6Bullish
OBV slope

20-period OBV slope

54.42%Bullish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Trend

Dow Theory Structure

Confirmation $275, invalidation $265.94

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

Trend strength is active

26.5 / 30.5 / 27.5Bullish
Supertrend (10,3)

Price is above Supertrend

$264.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$266.45 / $262.87Bullish
Donchian Channel (20)

20-period breakout channel position

76%Bullish

Momentum

RSI (14)

Momentum is strong

57.3Bullish
MACD (12,26,9)

Histogram is negative

-0.141Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.2 / 59.4Bearish
Williams %R (14)

Neutral zone

-58.8Range
CCI (20)

Balanced zone

45.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$2.33 (0.86%)Bullish
Bollinger Bands (20,2)

Width 9.32%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$271.11 / $263.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$267.34 / $272.01Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

64.6Bullish
OBV slope

20-period OBV slope

54.42%Bullish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$275Range
Support

Nearest Downside Decision Level

$252.5Range

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