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Stock Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Nucor Corp (NYSE:NUE)
Countertrend Up (+85) - NUE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jun 3rd, 2020 at 44.08
The intermediate-term trend has been UP since Feb 16th, 2021 at 56.43
The short-term trend has been DOWN since Mar 4th, 2021 at 60.93
Smart Scan Analysis for NUE
Based on our trend formula, NUE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 61.330 | 63.234 | 60.600 | 62.900 | +2.500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 62.920 | 1933329 | 2021-03-05 15:59:55 |
| Year High | 70.48 | Year High Date | 2018-01-12 |
| Year Low | 55.55 | Year Low Date | 2018-10-26 |
| 52wk High | 63.48 | 52wk High Date | 2021-03-03 |
| 52wk Low | 27.525 | 52wk Low Date | 2020-03-18 |
| Year End Close | 43.16 | Average Volume | 2,806,365 |
| Shares Outstanding | 298,046 | Short Interest | 7,662,475 |
| % Institutional | 76.5 | Market Cap | 16,146M |
| Assets | 201,253,940M | Liabilities | 933,672,900M |
| P/E Ratio | 25.5932 | Beta | 1.28 |
| Volatility | 31.86 |