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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.

NYSE_NUE
Open High Low NUE Price Change
61.330 63.234 60.600 62.900 +2.500
Entry Signal

MarketClub’s Trade Triangles for NUE

long term up The long-term trend has been UP since Jun 3rd, 2020 at 44.08

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 56.43

short term down 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).

+85
Smart Scan Analysis for NUE
Strong Downtrend Sideways 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 High70.48Year High Date2018-01-12
Year Low55.55Year Low Date2018-10-26
52wk High63.4852wk High Date2021-03-03
52wk Low27.52552wk Low Date2020-03-18
Year End Close43.16Average Volume2,806,365
Shares Outstanding298,046Short Interest7,662,475
% Institutional76.5Market Cap16,146M
Assets201,253,940MLiabilities933,672,900M
P/E Ratio25.5932Beta1.28
Volatility31.86
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