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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Nucor Corporation (NYSE:NUE)

Strong Uptrend (+100) - NUE is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NUE continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid NUE?

MarketClub looks at technical strength and momentum to determine if the timing is right for NUE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_NUE
Open High Low NUE Price Change
198.70 199.00 196.50 197.84 -0.72
Entry Signal

MarketClub’s Trade Triangles for NUE

long term up The long-term trend has been UP since Dec 15th, 2023 at 174.92

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 195.00

short term up The short-term trend has been UP since Mar 15th, 2024 at 186.27

Smart Scan Analysis for NUE

Based on our trend formula, NUE is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for NUE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
198.70 199.00 196.50 197.84 -0.72
Prev. Close Volume Bid Ask Time
197.90 660945 2024-03-28 15:59:57
Year High70.48Year High Date2018-01-12
Year Low55.55Year Low Date2018-10-26
52wk High198.6352wk High Date2024-03-27
52wk Low129.7952wk Low Date2023-05-31
Year End Close43.16Average Volume1,337,532
Shares Outstanding240,745Short Interest7,662,475
% Institutional76.5Market Cap16,146M
Assets353,404,990MLiabilities143,998,650M
P/E Ratio11.0311Beta1.28
Volatility31.86
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