US stock / ETF

Nucor Corporation

NUE · NYSE · USD

1 hourBearish67%
1h Downside probability 67%Bearish

NUE 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $242.77 and stabilize above resistance $249.51.

Invalidation Trigger

Break above $249.51 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 37.1, MACD -0.563

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.33 (0.98%)

1h

EMA Structure

Bearish
EMA 8$241.04Bearish
EMA 21$242.77Bearish
EMA 50$245.71Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.1 · MACD -0.563

Momentum is weak

Strength
Bearish
Volatility
ATR $2.33 · BB 5.69%

Low volatility

Strength
Bullish
Volume
MFI 59.6 · OBV 0.22%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$238.19 - $249.51

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.73% · 5.9 ATR above latest close

$251.84
Nearest resistance

+4.75% · 4.9 ATR above · 34-bar high

$249.51
Current price

Price shown is delayed

$238.19
Nearest support

+0% · 0.0 ATR below · 34-bar low

$238.19
Deeper support zone

-0.98% · 1.0 ATR below latest close

$235.86
ATR zone

Latest close ± ATR14

$235.86 - $240.52

Indicators

Trend

Dow Theory Structure

Confirmation $249.51, invalidation $239.6

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

17.0 / 39.3 / 36.3Bullish
Supertrend (10,3)

Price is above Supertrend

$232.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$243.41 / $250.16Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Volatility

ATR (14)

Low volatility

$2.33 (0.98%)Bullish
Bollinger Bands (20,2)

Width 5.69%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$246.76 / $238.61Bullish
ATR channel lower / upper

Current Volatility Envelope

$235.86 / $240.52Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$249.51Range
Support

Nearest Downside Decision Level

$238.19Range

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-0.563Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 3.9Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-106.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.6Bullish
OBV slope

20-period OBV slope

0.22%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $249.51, invalidation $239.6

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

17.0 / 39.3 / 36.3Bullish
Supertrend (10,3)

Price is above Supertrend

$232.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$243.41 / $250.16Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-0.563Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 3.9Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Weak expansion

-106.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Low volatility

$2.33 (0.98%)Bullish
Bollinger Bands (20,2)

Width 5.69%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$246.76 / $238.61Bullish
ATR channel lower / upper

Current Volatility Envelope

$235.86 / $240.52Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.6Bullish
OBV slope

20-period OBV slope

0.22%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$249.51Range
Support

Nearest Downside Decision Level

$238.19Range

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