US stock / ETF

Nucor Corporation

NUE · NYSE · USD

4 hoursRange53%
4h Range probability 94%Range

NUE 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $240.01 - $272.68 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 47.7, MACD 0.824

4h
Volatility EnvironmentBullish
Low volatility

ATR is $3.24 (1.29%)

4h

EMA Structure

Bearish
EMA 8$250.33Bullish
EMA 21$250.91Bearish
EMA 50$254.59Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.7 · MACD 0.824

Neutral zone

Strength
Range
Volatility
ATR $3.24 · BB 5.71%

Low volatility

Strength
Bullish
Volume
MFI 52.8 · OBV 8.04%

Relative to 20-period average volume

Strength
Range
Price Levels
$240.01 - $272.68

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+10.15% · 7.8 ATR above latest close

$275.92
Nearest resistance

+8.85% · 6.8 ATR above · 34-bar high

$272.68
Current price

Price shown is delayed

$250.5
Nearest support

-4.19% · 3.2 ATR below · 34-bar low

$240.01
Deeper support zone

-5.48% · 4.2 ATR below latest close

$236.77
ATR zone

Latest close ± ATR14

$247.26 - $253.74

Indicators

Trend

Dow Theory Structure

Confirmation $256.18, invalidation $246.24

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

Trend strength is active

30.5 / 38.2 / 20.6Bullish
Supertrend (10,3)

Price is above Supertrend

$239.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.78 / $258.68Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Volatility

ATR (14)

Low volatility

$3.24 (1.29%)Bullish
Bollinger Bands (20,2)

Width 5.71%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$257.91 / $243.65Bullish
ATR channel lower / upper

Current Volatility Envelope

$247.26 / $253.74Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$272.68Range
Support

Nearest Downside Decision Level

$240.01Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is positive

0.824Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.5 / 57.9Bearish
Williams %R (14)

Neutral zone

-43.5Range
CCI (20)

Balanced zone

32.3Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.8Range
OBV slope

20-period OBV slope

8.04%Bullish
Volume ratio

Relative to 20-period average volume

1.00xRange

Trend

Dow Theory Structure

Confirmation $256.18, invalidation $246.24

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

Trend strength is active

30.5 / 38.2 / 20.6Bullish
Supertrend (10,3)

Price is above Supertrend

$239.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.78 / $258.68Bearish
Donchian Channel (20)

20-period breakout channel position

61%Range

Momentum

RSI (14)

Neutral zone

47.7Range
MACD (12,26,9)

Histogram is positive

0.824Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.5 / 57.9Bearish
Williams %R (14)

Neutral zone

-43.5Range
CCI (20)

Balanced zone

32.3Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$3.24 (1.29%)Bullish
Bollinger Bands (20,2)

Width 5.71%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$257.91 / $243.65Bullish
ATR channel lower / upper

Current Volatility Envelope

$247.26 / $253.74Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.8Range
OBV slope

20-period OBV slope

8.04%Bullish
Volume ratio

Relative to 20-period average volume

1.00xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$272.68Range
Support

Nearest Downside Decision Level

$240.01Range

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