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Stock Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Nucor Corp (NYSE:NUE)

Weak Downtrend (-65) - NUE is showing signs of a strengthening downtrend. Monitor NUE as it may be building momentum to the downside.

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
34.1700 36.1400 34.0500 35.2654 -0.7546
Entry Signal

MarketClub’s Trade Triangles for NUE

long term down The long-term trend has been DOWN since Jan 29th, 2020 at 48.30

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2019 at 56.11

short term up The short-term trend has been UP since Mar 19th, 2020 at 33.69

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
34.1700 36.1400 34.0500 35.2654 -0.7546
Prev. Close Volume Bid Ask Time
34.9200 1835892 2020-04-01 13:27:50
Year High70.48Year High Date2018-01-12
Year Low55.55Year Low Date2018-10-26
52wk High61.1752wk High Date2019-04-05
52wk Low27.52552wk Low Date2020-03-18
Year End Close43.16Average Volume3,659,372
Shares Outstanding301,000Short Interest7,662,475
% Institutional76.5Market Cap16,146M
Assets183,446,660MLiabilities798,680,000M
P/E Ratio8.4Beta1.28
Volatility31.86
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