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Stock Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Nucor Corporation (NYSE:NUE)

Strong Downtrend (-100) - NUE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NUE continues to fall. Traders should use caution and set stops.

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
114.6700 117.9200 113.9375 116.5700 +0.7900
Entry Signal

MarketClub’s Trade Triangles for NUE

long term down The long-term trend has been DOWN since Dec 12th, 2024 at 133.420

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2024 at 143.705

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 153.990

Smart Scan Analysis for NUE

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

-100
Smart Scan Analysis for NUE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
114.6700 117.9200 113.9375 116.5700 +0.7900
Prev. Close Volume Bid Ask Time
116.5800 2523434 2024-12-20 15:59:55
Year High70.48Year High Date2018-01-12
Year Low55.55Year Low Date2018-10-26
52wk High20352wk High Date2024-04-09
52wk Low115.2952wk Low Date2024-12-19
Year End Close43.16Average Volume2,105,136
Shares Outstanding234,813Short Interest7,662,475
% Institutional76.5Market Cap16,146M
Assets343,461,910MLiabilities138,733,330M
P/E Ratio11.1757Beta1.28
Volatility31.86
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