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 $140.96 and reclaim $268.82.

Invalidation Trigger

Lose $140.96 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 65.5, MACD 3.393

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $15.74 (6.57%)

Weekly

EMA Structure

Bullish
EMA 8$238.78Bullish
EMA 21$213.65Bullish
EMA 50$184.94Bullish

Signals

CategoryReadStrength
Momentum
RSI 65.5 · MACD 3.393

Momentum is strong

Strength
Bullish
Volatility
ATR $15.74 · BB 66.35%

High volatility

Strength
Bearish
Volume
MFI 74.5 · OBV 4.62%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$140.96 - $268.82

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+18.77% · 2.9 ATR above latest close

$284.56
Nearest resistance

+12.2% · 1.9 ATR above · 34-bar high

$268.82
Current price

Price shown is delayed

$239.59
Nearest support

-41.17% · 6.3 ATR below · 34-bar low

$140.96
Deeper support zone

-47.74% · 7.3 ATR below latest close

$125.22
ATR zone

Latest close ± ATR14

$223.86 - $255.33

Indicators

Trend

Dow Theory Structure

Confirmation $196.86, invalidation $219.64

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

Trend strength is active

47.9 / 47.7 / 6.6Bullish
Supertrend (10,3)

Price is above Supertrend

$193.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$226.66 / $198.79Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

High volatility

$15.74 (6.57%)Bearish
Bollinger Bands (20,2)

Width 66.35%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$248.75 / $181.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$223.86 / $255.33Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$268.82Range
Support

Nearest Downside Decision Level

$140.96Range

Momentum

RSI (14)

Momentum is strong

65.5Bullish
MACD (12,26,9)

Histogram is positive

3.393Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.1 / 83.1Bearish
Williams %R (14)

Neutral zone

-26.9Range
CCI (20)

Balanced zone

77.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

74.5Bullish
OBV slope

20-period OBV slope

4.62%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $196.86, invalidation $219.64

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

Trend strength is active

47.9 / 47.7 / 6.6Bullish
Supertrend (10,3)

Price is above Supertrend

$193.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$226.66 / $198.79Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Momentum is strong

65.5Bullish
MACD (12,26,9)

Histogram is positive

3.393Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.1 / 83.1Bearish
Williams %R (14)

Neutral zone

-26.9Range
CCI (20)

Balanced zone

77.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$15.74 (6.57%)Bearish
Bollinger Bands (20,2)

Width 66.35%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$248.75 / $181.69Bearish
ATR channel lower / upper

Current Volatility Envelope

$223.86 / $255.33Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

74.5Bullish
OBV slope

20-period OBV slope

4.62%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$268.82Range
Support

Nearest Downside Decision Level

$140.96Range

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