US stock / ETF

Nucor Corporation

NUE · NYSE · USD

3 monthsBullish80%
3M Upside probability 80%Bullish

NUE 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $27.53 and reclaim $280.11.

Invalidation Trigger

Lose $27.53 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 74.8, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $44.52 (16.51%)

3M

EMA Structure

Range
EMA 8$200.33Bullish
EMA 21$153.88Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 74.8 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $44.52 · BB 104.46%

High volatility

Strength
Bearish
Volume
MFI 60.7 · OBV 61.62%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$27.53 - $280.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+20.4% · 1.2 ATR above latest close

$324.63
Nearest resistance

+3.89% · 0.2 ATR above · 31-bar high

$280.11
Current price

Price shown is delayed

$269.63
Nearest support

-89.79% · 5.4 ATR below · 31-bar low

$27.53
Deeper support zone

-106.3% · 6.4 ATR below latest close

-$16.99
ATR zone

Latest close ± ATR14

$225.11 - $314.14

Indicators

Trend

Dow Theory Structure

Confirmation $203, invalidation $97.59

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

Trend strength is active

48.5 / 28.6 / 12.7Bullish
Supertrend (10,3)

Price is above Supertrend

$110.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$174.08 / --Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

High volatility

$44.52 (16.51%)Bearish
Bollinger Bands (20,2)

Width 104.46%

115%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$251.21 / $62.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$225.11 / $314.14Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$27.53Range

Momentum

RSI (14)

Momentum is strong

74.8Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

94.3 / 80.4Bullish
Williams %R (14)

Overbought zone

-5.7Bearish
CCI (20)

Strong expansion

223.6Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.7Bullish
OBV slope

20-period OBV slope

61.62%Bullish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Trend

Dow Theory Structure

Confirmation $203, invalidation $97.59

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

Trend strength is active

48.5 / 28.6 / 12.7Bullish
Supertrend (10,3)

Price is above Supertrend

$110.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$174.08 / --Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

74.8Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

94.3 / 80.4Bullish
Williams %R (14)

Overbought zone

-5.7Bearish
CCI (20)

Strong expansion

223.6Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

High volatility

$44.52 (16.51%)Bearish
Bollinger Bands (20,2)

Width 104.46%

115%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$251.21 / $62.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$225.11 / $314.14Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.7Bullish
OBV slope

20-period OBV slope

61.62%Bullish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$280.11Range
Support

Nearest Downside Decision Level

$27.53Range

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