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 $155.14 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 63.0, MACD -1.116

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $18.5 (6.98%)

Weekly

EMA Structure

Bullish
EMA 8$256.86Bullish
EMA 21$241.28Bullish
EMA 50$210.66Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.0 · MACD -1.116

Momentum is strong

Strength
Bullish
Volatility
ATR $18.5 · BB 24.58%

High volatility

Strength
Bearish
Volume
MFI 50.2 · OBV 2.28%

Relative to 20-period average volume

Strength
Range
Price Levels
$155.14 - $280.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+12.63% · 1.8 ATR above latest close

$298.61
Nearest resistance

+5.65% · 0.8 ATR above · 34-bar high

$280.11
Current price

Price shown is delayed

$265.14
Nearest support

-41.49% · 5.9 ATR below · 34-bar low

$155.14
Deeper support zone

-48.47% · 6.9 ATR below latest close

$136.64
ATR zone

Latest close ± ATR14

$246.64 - $283.64

Indicators

Trend

Dow Theory Structure

Confirmation $280.11, invalidation $238.62

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

Trend strength is active

36.1 / 25.6 / 23.0Bullish
Supertrend (10,3)

Price is above Supertrend

$207.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$238.24 / $205.72Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Volatility

ATR (14)

High volatility

$18.5 (6.98%)Bearish
Bollinger Bands (20,2)

Width 24.58%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$278.76 / $206.37Bearish
ATR channel lower / upper

Current Volatility Envelope

$246.64 / $283.64Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$155.14Range

Momentum

RSI (14)

Momentum is strong

63.0Bullish
MACD (12,26,9)

Histogram is negative

-1.116Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.1 / 72.2Bullish
Williams %R (14)

Neutral zone

-22.9Range
CCI (20)

Balanced zone

81.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.2Range
OBV slope

20-period OBV slope

2.28%Bullish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Trend

Dow Theory Structure

Confirmation $280.11, invalidation $238.62

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

Trend strength is active

36.1 / 25.6 / 23.0Bullish
Supertrend (10,3)

Price is above Supertrend

$207.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$238.24 / $205.72Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Momentum

RSI (14)

Momentum is strong

63.0Bullish
MACD (12,26,9)

Histogram is negative

-1.116Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.1 / 72.2Bullish
Williams %R (14)

Neutral zone

-22.9Range
CCI (20)

Balanced zone

81.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$18.5 (6.98%)Bearish
Bollinger Bands (20,2)

Width 24.58%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$278.76 / $206.37Bearish
ATR channel lower / upper

Current Volatility Envelope

$246.64 / $283.64Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.2Range
OBV slope

20-period OBV slope

2.28%Bullish
Volume ratio

Relative to 20-period average volume

0.57xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$155.14Range

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