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Stock Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

Nucor Corporation (NYSE:NUE)

Sidelines Mode (+55) - NUE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
153.57 157.33 152.59 154.38 +2.64
Entry Signal

MarketClub’s Trade Triangles for NUE

long term up The long-term trend has been UP since Jul 3rd, 2023 at 164.535

intermediate term down The intermediate-term trend has been DOWN since Sep 11th, 2023 at 163.070

short term up The short-term trend has been UP since Sep 27th, 2023 at 155.760

Smart Scan Analysis for NUE

Based on our trend formula, NUE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NUE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
153.57 157.33 152.59 154.38 +2.64
Prev. Close Volume Bid Ask Time
151.74 659376 2023-09-27 11:48:39
Year High70.48Year High Date2018-01-12
Year Low55.55Year Low Date2018-10-26
52wk High182.6852wk High Date2023-02-03
52wk Low103.7552wk Low Date2022-09-27
Year End Close43.16Average Volume1,444,321
Shares Outstanding248,722Short Interest7,662,475
% Institutional76.5Market Cap16,146M
Assets333,799,160MLiabilities134,262,370M
P/E Ratio6.9926Beta1.28
Volatility31.86
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