US stock / ETF

Nucor Corporation

NUE · NYSE · USD

4 hoursBearish90%
4h Downside probability 90%Bearish

NUE 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $246.95 and stabilize above resistance $268.82.

Invalidation Trigger

Break above $268.82 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.3, MACD -1.111

4h
Volatility EnvironmentRange
Low volatility

ATR is $5.18 (2.18%)

4h

EMA Structure

Range
EMA 8$243Bearish
EMA 21$246.95Bearish
EMA 50$245.32Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.3 · MACD -1.111

Momentum is weak

Strength
Bearish
Volatility
ATR $5.18 · BB 14.80%

Low volatility

Strength
Range
Volume
MFI 8.0 · OBV -29.21%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$238.19 - $268.82

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.03% · 6.9 ATR above latest close

$274
Nearest resistance

+12.86% · 5.9 ATR above · 34-bar high

$268.82
Current price

Price shown is delayed

$238.19
Nearest support

+0% · 0.0 ATR below · 34-bar low

$238.19
Deeper support zone

-2.18% · 1.0 ATR below latest close

$233.01
ATR zone

Latest close ± ATR14

$233.01 - $243.37

Indicators

Trend

Dow Theory Structure

Confirmation $238.66, invalidation $249.51

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

Trend strength is active

38.6 / 13.9 / 46.0Bearish
Supertrend (10,3)

Price is above Supertrend

$225.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$248.68 / $246.16Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Volatility

ATR (14)

Low volatility

$5.18 (2.18%)Range
Bollinger Bands (20,2)

Width 14.80%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$255.84 / $237.71Range
ATR channel lower / upper

Current Volatility Envelope

$233.01 / $243.37Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$268.82Range
Support

Nearest Downside Decision Level

$238.19Range

Momentum

RSI (14)

Momentum is weak

38.3Bearish
MACD (12,26,9)

Histogram is negative

-1.111Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 15.7Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Balanced zone

-87.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

8.0Bearish
OBV slope

20-period OBV slope

-29.21%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Trend

Dow Theory Structure

Confirmation $238.66, invalidation $249.51

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

Trend strength is active

38.6 / 13.9 / 46.0Bearish
Supertrend (10,3)

Price is above Supertrend

$225.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$248.68 / $246.16Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Momentum

RSI (14)

Momentum is weak

38.3Bearish
MACD (12,26,9)

Histogram is negative

-1.111Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.0 / 15.7Bearish
Williams %R (14)

Oversold zone

-100.0Bullish
CCI (20)

Balanced zone

-87.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$5.18 (2.18%)Range
Bollinger Bands (20,2)

Width 14.80%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$255.84 / $237.71Range
ATR channel lower / upper

Current Volatility Envelope

$233.01 / $243.37Range

Volume / Money Flow

MFI (14)

Money flow is weak

8.0Bearish
OBV slope

20-period OBV slope

-29.21%Bearish
Volume ratio

Relative to 20-period average volume

0.22xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$268.82Range
Support

Nearest Downside Decision Level

$238.19Range

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