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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Nucor Corporation (NYSE:NUE)

Weak Uptrend (+65) - NUE is showing signs of weakening momentum to the upside. Monitor NUE as it may be in the beginning stages of a reversal.

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
145.000 146.170 143.705 144.665 -2.585
Entry Signal

MarketClub’s Trade Triangles for NUE

long term up The long-term trend has been UP since Nov 6th, 2024 at 163.75

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 159.49

short term down The short-term trend has been DOWN since Nov 12th, 2024 at 157.50

Smart Scan Analysis for NUE

Based on our trend formula, NUE is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NUE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
145.000 146.170 143.705 144.665 -2.585
Prev. Close Volume Bid Ask Time
144.680 1274037 2024-11-19 15:59:37
Year High70.48Year High Date2018-01-12
Year Low55.55Year Low Date2018-10-26
52wk High20352wk High Date2024-04-09
52wk Low133.4252wk Low Date2024-09-11
Year End Close43.16Average Volume2,343,918
Shares Outstanding234,813Short Interest7,662,475
% Institutional76.5Market Cap16,146M
Assets343,461,910MLiabilities138,733,330M
P/E Ratio14.2133Beta1.28
Volatility31.86
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