US stock / ETF

Nucor Corporation

NUE · NYSE · USD

3 monthsBullish88%
3M Upside probability 88%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 $270.9.

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 71.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $40.66 (17.18%)

3M

EMA Structure

Range
EMA 8$181.16Bullish
EMA 21$142.57Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 71.3 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $40.66 · BB 91.73%

High volatility

Strength
Bearish
Volume
MFI 53.1 · OBV 87.49%

Relative to 20-period average volume

Strength
Range
Price Levels
$27.53 - $270.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+31.68% · 1.8 ATR above latest close

$311.56
Nearest resistance

+14.49% · 0.8 ATR above · 30-bar high

$270.9
Current price

Price shown is delayed

$236.61
Nearest support

-88.37% · 5.1 ATR below · 30-bar low

$27.53
Deeper support zone

-105.55% · 6.1 ATR below latest close

-$13.13
ATR zone

Latest close ± ATR14

$195.95 - $277.27

Indicators

Trend

Dow Theory Structure

Confirmation $203, invalidation $97.59

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

Trend strength is active

51.1 / 29.7 / 13.9Bullish
Supertrend (10,3)

Price is above Supertrend

$94.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$168.36 / --Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

High volatility

$40.66 (17.18%)Bearish
Bollinger Bands (20,2)

Width 91.73%

110%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$232.61 / $57.41Bearish
ATR channel lower / upper

Current Volatility Envelope

$195.95 / $277.27Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$270.9Range
Support

Nearest Downside Decision Level

$27.53Range

Momentum

RSI (14)

Momentum is strong

71.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

80.2 / 73.4Bullish
Williams %R (14)

Overbought zone

-19.8Bearish
CCI (20)

Strong expansion

213.6Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.1Range
OBV slope

20-period OBV slope

87.49%Bullish
Volume ratio

Relative to 20-period average volume

0.10xBearish

Trend

Dow Theory Structure

Confirmation $203, invalidation $97.59

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

Trend strength is active

51.1 / 29.7 / 13.9Bullish
Supertrend (10,3)

Price is above Supertrend

$94.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$168.36 / --Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

71.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

80.2 / 73.4Bullish
Williams %R (14)

Overbought zone

-19.8Bearish
CCI (20)

Strong expansion

213.6Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$40.66 (17.18%)Bearish
Bollinger Bands (20,2)

Width 91.73%

110%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$232.61 / $57.41Bearish
ATR channel lower / upper

Current Volatility Envelope

$195.95 / $277.27Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.1Range
OBV slope

20-period OBV slope

87.49%Bullish
Volume ratio

Relative to 20-period average volume

0.10xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$270.9Range
Support

Nearest Downside Decision Level

$27.53Range

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