Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

NUCOR (NYSE:NUE)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYSE_NUE
Open High Low NUE Price Change
59.0400 59.1302 58.0100 59.1100 +0.1600
Entry Signal

MarketClub’s Trade Triangles for NUE

long term down The long term trend has been DOWN since Oct 11th, 2018 at 60.930

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2018 at 62.700

short term down The short term trend has been DOWN since Oct 5th, 2018 at 64.075

Smart Scan Analysis for NUE

Based on a pre-defined weighted trend formula for chart analysis, NUE scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NUE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.0400 59.1302 58.0100 59.1100 +0.1600
Prev. Close Volume Bid Ask Time
59.0900 2124147 2018-10-17 15:59:24
Year High70.48Year High Date2018-01-12
Year Low58.59Year Low Date2018-10-16
52wk High70.4852wk High Date2018-01-12
52wk Low53.7152wk Low Date2017-11-15
Year End Close43.16Average Volume2,271,193
Shares Outstanding317,638Short Interest7,662,475
% Institutional76.5AssetsM
LiabilitiesMBeta1.28
Volatility23.59
Want to analyze NUCOR NUE or another symbol? Try our Free Stock Trend Analysis Report.