US stock / ETF

Nucor Corporation

NUE · NYSE · USD

3 monthsBullish63%
3M Upside probability 63%Bullish

NUE 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $41.65 and reclaim $268.82.

Invalidation Trigger

Lose $41.65 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 72.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $42.3 (17.66%)

3M

EMA Structure

Range
EMA 8$168.98Bullish
EMA 21$140.71Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 72.1 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $42.3 · BB 91.11%

High volatility

Strength
Bearish
Volume
MFI 55.5 · OBV 200.22%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$41.65 - $268.82

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+29.86% · 1.7 ATR above latest close

$311.12
Nearest resistance

+12.2% · 0.7 ATR above · 25-bar high

$268.82
Current price

Price shown is delayed

$239.59
Nearest support

-82.62% · 4.7 ATR below · 25-bar low

$41.65
Deeper support zone

-100.27% · 5.7 ATR below latest close

-$0.6514
ATR zone

Latest close ± ATR14

$197.29 - $281.89

Indicators

Trend

Dow Theory Structure

Confirmation $97.67, invalidation $170.51

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$85.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

High volatility

$42.3 (17.66%)Bearish
Bollinger Bands (20,2)

Width 91.11%

119%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$230.32 / $53.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$197.29 / $281.89Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$268.82Range
Support

Nearest Downside Decision Level

$41.65Range

Momentum

RSI (14)

Momentum is strong

72.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

82.9 / 71.0Bullish
Williams %R (14)

Overbought zone

-17.1Bearish
CCI (20)

Strong expansion

232.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.5Bullish
OBV slope

20-period OBV slope

200.22%Bullish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Trend

Dow Theory Structure

Confirmation $97.67, invalidation $170.51

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$85.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

72.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

82.9 / 71.0Bullish
Williams %R (14)

Overbought zone

-17.1Bearish
CCI (20)

Strong expansion

232.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$42.3 (17.66%)Bearish
Bollinger Bands (20,2)

Width 91.11%

119%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$230.32 / $53.24Bearish
ATR channel lower / upper

Current Volatility Envelope

$197.29 / $281.89Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

55.5Bullish
OBV slope

20-period OBV slope

200.22%Bullish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$268.82Range
Support

Nearest Downside Decision Level

$41.65Range

Related Forecasts