US stock / ETF

Nucor Corporation

NUE · NYSE · USD

1 weekBullish88%
Weekly Upside probability 88%Bullish

NUE 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $155.14 and reclaim $280.11.

Invalidation Trigger

Lose $155.14 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 59.0, MACD -1.155

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $19.5 (7.78%)

Weekly

EMA Structure

Bullish
EMA 8$250.8Bearish
EMA 21$234.41Bullish
EMA 50$204.12Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.0 · MACD -1.155

Momentum is strong

Strength
Range
Volatility
ATR $19.5 · BB 31.45%

High volatility

Strength
Bearish
Volume
MFI 55.9 · OBV 5.81%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$155.14 - $280.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+19.6% · 2.5 ATR above latest close

$299.61
Nearest resistance

+11.82% · 1.5 ATR above · 34-bar high

$280.11
Current price

Price shown is delayed

$250.5
Nearest support

-38.07% · 4.9 ATR below · 34-bar low

$155.14
Deeper support zone

-45.85% · 5.9 ATR below latest close

$135.64
ATR zone

Latest close ± ATR14

$231 - $270

Indicators

Trend

Dow Theory Structure

Confirmation $280.11, invalidation $214.61

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

Trend strength is active

47.4 / 31.5 / 21.9Bullish
Supertrend (10,3)

Price is above Supertrend

$194.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.49 / $205.72Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Volatility

ATR (14)

High volatility

$19.5 (7.78%)Bearish
Bollinger Bands (20,2)

Width 31.45%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$272.24 / $199.26Bearish
ATR channel lower / upper

Current Volatility Envelope

$231 / $270Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$155.14Range

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is negative

-1.155Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.8 / 60.7Bearish
Williams %R (14)

Neutral zone

-45.2Range
CCI (20)

Balanced zone

42.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.9Bullish
OBV slope

20-period OBV slope

5.81%Bullish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Trend

Dow Theory Structure

Confirmation $280.11, invalidation $214.61

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

Trend strength is active

47.4 / 31.5 / 21.9Bullish
Supertrend (10,3)

Price is above Supertrend

$194.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.49 / $205.72Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Momentum

RSI (14)

Momentum is strong

59.0Bullish
MACD (12,26,9)

Histogram is negative

-1.155Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

54.8 / 60.7Bearish
Williams %R (14)

Neutral zone

-45.2Range
CCI (20)

Balanced zone

42.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$19.5 (7.78%)Bearish
Bollinger Bands (20,2)

Width 31.45%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$272.24 / $199.26Bearish
ATR channel lower / upper

Current Volatility Envelope

$231 / $270Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.9Bullish
OBV slope

20-period OBV slope

5.81%Bullish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$155.14Range

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