US stock / ETF

Nucor Corporation

NUE · NYSE · USD

1 hourBullish66%
1h Upside probability 66%Bullish

NUE 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $231.13 and reclaim $238.07.

Invalidation Trigger

Lose $231.13 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 54.7, MACD -0.037

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.43 (0.6%)

1h

EMA Structure

Bullish
EMA 8$236.12Bullish
EMA 21$235.67Bullish
EMA 50$233.94Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.7 · MACD -0.037

Neutral zone

Strength
Bullish
Volatility
ATR $1.43 · BB 2.38%

Low volatility

Strength
Bullish
Volume
MFI 53.0 · OBV 3.33%

Relative to 20-period average volume

Strength
Range
Price Levels
$231.13 - $238.07

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.22% · 2.0 ATR above latest close

$239.5
Nearest resistance

+0.62% · 1.0 ATR above · 34-bar high

$238.07
Current price

Price shown is delayed

$236.61
Nearest support

-2.32% · 3.8 ATR below · 34-bar low

$231.13
Deeper support zone

-2.92% · 4.8 ATR below latest close

$229.7
ATR zone

Latest close ± ATR14

$235.18 - $238.04

Indicators

Trend

Dow Theory Structure

Confirmation $231.13, invalidation $237.23

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

Trend strength is moderate

19.5 / 12.8 / 30.1Bearish
Supertrend (10,3)

Price is above Supertrend

$231.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.39 / $232.02Bullish
Donchian Channel (20)

20-period breakout channel position

79%Bullish

Volatility

ATR (14)

Low volatility

$1.43 (0.6%)Bullish
Bollinger Bands (20,2)

Width 2.38%

63%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.02 / $232.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$235.18 / $238.04Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$238.07Range
Support

Nearest Downside Decision Level

$231.13Range

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is negative

-0.037Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.8 / 81.5Bullish
Williams %R (14)

Overbought zone

-10.2Bearish
CCI (20)

Balanced zone

55.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

3.33%Bullish
Volume ratio

Relative to 20-period average volume

5.36xBullish

Trend

Dow Theory Structure

Confirmation $231.13, invalidation $237.23

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

Trend strength is moderate

19.5 / 12.8 / 30.1Bearish
Supertrend (10,3)

Price is above Supertrend

$231.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$234.39 / $232.02Bullish
Donchian Channel (20)

20-period breakout channel position

79%Bullish

Momentum

RSI (14)

Neutral zone

54.7Range
MACD (12,26,9)

Histogram is negative

-0.037Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.8 / 81.5Bullish
Williams %R (14)

Overbought zone

-10.2Bearish
CCI (20)

Balanced zone

55.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$1.43 (0.6%)Bullish
Bollinger Bands (20,2)

Width 2.38%

63%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.02 / $232.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$235.18 / $238.04Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

3.33%Bullish
Volume ratio

Relative to 20-period average volume

5.36xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$238.07Range
Support

Nearest Downside Decision Level

$231.13Range

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