US stock / ETF

Nucor Corporation

NUE · NYSE · USD

1 weekBullish86%
Weekly Upside probability 86%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 StateBullish
Momentum improving

RSI 63.2, MACD -1.662

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $17.99 (6.67%)

Weekly

EMA Structure

Bullish
EMA 8$256.39Bullish
EMA 21$246.42Bullish
EMA 50$219.45Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.2 · MACD -1.662

Momentum is strong

Strength
Bullish
Volatility
ATR $17.99 · BB 21.06%

High volatility

Strength
Bearish
Volume
MFI 57.7 · OBV 0.03%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$155.14 - $280.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+10.54% · 1.6 ATR above latest close

$298.1
Nearest resistance

+3.87% · 0.6 ATR above · 34-bar high

$280.11
Current price

Price shown is delayed

$269.68
Nearest support

-42.47% · 6.4 ATR below · 34-bar low

$155.14
Deeper support zone

-49.14% · 7.4 ATR below latest close

$137.15
ATR zone

Latest close ± ATR14

$251.68 - $287.67

Indicators

Trend

Dow Theory Structure

Confirmation $280.11, invalidation $229.2

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

Trend strength is moderate

19.0 / 29.5 / 20.6Bullish
Supertrend (10,3)

Price is above Supertrend

$220.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.95 / $210.52Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

High volatility

$17.99 (6.67%)Bearish
Bollinger Bands (20,2)

Width 21.06%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$279.12 / $215.6Bearish
ATR channel lower / upper

Current Volatility Envelope

$251.68 / $287.67Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$155.14Range

Momentum

RSI (14)

Momentum is strong

63.2Bullish
MACD (12,26,9)

Histogram is negative

-1.662Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.5 / 63.5Bullish
Williams %R (14)

Neutral zone

-20.5Range
CCI (20)

Strong expansion

120.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.7Bullish
OBV slope

20-period OBV slope

0.03%Bullish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Trend

Dow Theory Structure

Confirmation $280.11, invalidation $229.2

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

Trend strength is moderate

19.0 / 29.5 / 20.6Bullish
Supertrend (10,3)

Price is above Supertrend

$220.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.95 / $210.52Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

63.2Bullish
MACD (12,26,9)

Histogram is negative

-1.662Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

79.5 / 63.5Bullish
Williams %R (14)

Neutral zone

-20.5Range
CCI (20)

Strong expansion

120.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$17.99 (6.67%)Bearish
Bollinger Bands (20,2)

Width 21.06%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$279.12 / $215.6Bearish
ATR channel lower / upper

Current Volatility Envelope

$251.68 / $287.67Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.7Bullish
OBV slope

20-period OBV slope

0.03%Bullish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$155.14Range

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