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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Nucor Corporation (NYSE:NUE)
Crossroads (-60) - NUE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for NUE
The long-term trend has been UP since Dec 15th, 2023 at 174.92
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 193.02
The short-term trend has been DOWN since Apr 9th, 2024 at 197.96
Smart Scan Analysis for NUE
Based on our trend formula, NUE is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 176.5900 | 176.7900 | 174.3400 | 176.5569 | +0.6769 |
| Prev. Close | Volume | Bid | Ask | Time |
| 175.8800 | 558604 | 2024-04-26 14:09:55 |
| Year High | 70.48 | Year High Date | 2018-01-12 |
| Year Low | 55.55 | Year Low Date | 2018-10-26 |
| 52wk High | 203 | 52wk High Date | 2024-04-09 |
| 52wk Low | 129.79 | 52wk Low Date | 2023-05-31 |
| Year End Close | 43.16 | Average Volume | 1,299,388 |
| Shares Outstanding | 240,745 | Short Interest | 7,662,475 |
| % Institutional | 76.5 | Market Cap | 16,146M |
| Assets | 353,404,990M | Liabilities | 143,998,650M |
| P/E Ratio | 9.7711 | Beta | 1.28 |
| Volatility | 31.86 |