US stock / ETF

Nucor Corporation

NUE · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%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 and reclaim $280.11.

Invalidation Trigger

Lose $155 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 71.0, MACD 0.982

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $18.02 (6.61%)

Weekly

EMA Structure

Bullish
EMA 8$248.4Bullish
EMA 21$228Bullish
EMA 50$197.75Bullish

Signals

CategoryReadStrength
Momentum
RSI 71.0 · MACD 0.982

Momentum is strong

Strength
Bullish
Volatility
ATR $18.02 · BB 50.62%

High volatility

Strength
Bearish
Volume
MFI 65.3 · OBV 11.40%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$155 - $280.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+9.35% · 1.4 ATR above latest close

$298.13
Nearest resistance

+2.74% · 0.4 ATR above · 34-bar high

$280.11
Current price

Price shown is delayed

$272.63
Nearest support

-43.15% · 6.5 ATR below · 34-bar low

$155
Deeper support zone

-49.76% · 7.5 ATR below latest close

$136.98
ATR zone

Latest close ± ATR14

$254.61 - $290.65

Indicators

Trend

Dow Theory Structure

Confirmation $270.9, invalidation $214.61

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

Trend strength is active

53.4 / 37.0 / 14.8Bullish
Supertrend (10,3)

Price is above Supertrend

$207.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.49 / $205.72Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Volatility

ATR (14)

High volatility

$18.02 (6.61%)Bearish
Bollinger Bands (20,2)

Width 50.62%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$268.93 / $189.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$254.61 / $290.65Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$155Range

Momentum

RSI (14)

Momentum is strong

71.0Bullish
MACD (12,26,9)

Histogram is positive

0.982Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.6 / 78.1Bullish
Williams %R (14)

Overbought zone

-11.4Bearish
CCI (20)

Strong expansion

124.3Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.3Bullish
OBV slope

20-period OBV slope

11.40%Bullish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $270.9, invalidation $214.61

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

Trend strength is active

53.4 / 37.0 / 14.8Bullish
Supertrend (10,3)

Price is above Supertrend

$207.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$232.49 / $205.72Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Momentum

RSI (14)

Momentum is strong

71.0Bullish
MACD (12,26,9)

Histogram is positive

0.982Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

88.6 / 78.1Bullish
Williams %R (14)

Overbought zone

-11.4Bearish
CCI (20)

Strong expansion

124.3Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$18.02 (6.61%)Bearish
Bollinger Bands (20,2)

Width 50.62%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$268.93 / $189.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$254.61 / $290.65Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.3Bullish
OBV slope

20-period OBV slope

11.40%Bullish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$155Range

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