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 $150.86 and reclaim $270.9.

Invalidation Trigger

Lose $150.86 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 61.3, MACD -1.207

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $16.65 (7.04%)

Weekly

EMA Structure

Bullish
EMA 8$233.92Bullish
EMA 21$217.42Bullish
EMA 50$189.88Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.3 · MACD -1.207

Momentum is strong

Strength
Bullish
Volatility
ATR $16.65 · BB 61.85%

High volatility

Strength
Bearish
Volume
MFI 66.0 · OBV 6.99%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$150.86 - $270.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+21.53% · 3.1 ATR above latest close

$287.55
Nearest resistance

+14.49% · 2.1 ATR above · 34-bar high

$270.9
Current price

Price shown is delayed

$236.61
Nearest support

-36.24% · 5.2 ATR below · 34-bar low

$150.86
Deeper support zone

-43.28% · 6.2 ATR below latest close

$134.21
ATR zone

Latest close ± ATR14

$219.96 - $253.26

Indicators

Trend

Dow Theory Structure

Confirmation $270.9, invalidation $214.61

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

Trend strength is active

52.9 / 39.1 / 16.0Bullish
Supertrend (10,3)

Price is above Supertrend

$181.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$227.89 / $201.11Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Volatility

ATR (14)

High volatility

$16.65 (7.04%)Bearish
Bollinger Bands (20,2)

Width 61.85%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$253.42 / $184.08Bearish
ATR channel lower / upper

Current Volatility Envelope

$219.96 / $253.26Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$270.9Range
Support

Nearest Downside Decision Level

$150.86Range

Momentum

RSI (14)

Momentum is strong

61.3Bullish
MACD (12,26,9)

Histogram is negative

-1.207Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.6 / 56.9Bullish
Williams %R (14)

Neutral zone

-40.4Range
CCI (20)

Balanced zone

48.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.0Bullish
OBV slope

20-period OBV slope

6.99%Bullish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Trend

Dow Theory Structure

Confirmation $270.9, invalidation $214.61

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

Trend strength is active

52.9 / 39.1 / 16.0Bullish
Supertrend (10,3)

Price is above Supertrend

$181.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$227.89 / $201.11Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Momentum

RSI (14)

Momentum is strong

61.3Bullish
MACD (12,26,9)

Histogram is negative

-1.207Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.6 / 56.9Bullish
Williams %R (14)

Neutral zone

-40.4Range
CCI (20)

Balanced zone

48.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$16.65 (7.04%)Bearish
Bollinger Bands (20,2)

Width 61.85%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$253.42 / $184.08Bearish
ATR channel lower / upper

Current Volatility Envelope

$219.96 / $253.26Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.0Bullish
OBV slope

20-period OBV slope

6.99%Bullish
Volume ratio

Relative to 20-period average volume

0.69xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$270.9Range
Support

Nearest Downside Decision Level

$150.86Range

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