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What Nucor $NUE is Telling us About its Future

The next move in a stock's price is often identifiable in advance.  This Nucor (NYSE: NUE) report attempts to do that, and in the process help investors learn how price acton can be revealing.  Trading plans for NUE make these observations actionable, but the data on this page is not real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports

Technical Summary

Term →Near Mid Long
Rating Neutral Neutral Strong
P1 0 0 60.38
P2 78.44 78.16 67.02
P3 79.62 79.75 74.18
Triggers may have already come
Support and Resistance Plot Chart for NUE

Long Term Trading Plans for NUE

April 20, 2021, 2:15 pm ET

The Technical Summary and Trading Plans for NUE help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this NUE Report.

NUE - (Long) Support Plan

The technical summary data tells us to buy NUE near 74.18, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 73.97 to protect against excessive loss in case the stock begins to move against the trade. 74.18 is the first level of support below 78.7497, and by rule, any test of support is a buy signal. In this case, if support 74.18 is being tested, a buy signal would exist.

NUE - (Short) Resistance Plan

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.


NUE Long Term Analysis for April 20 2021

Blue = Current Price
Red= Resistance
Green = Support

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NUE EPS Analysis for April 20 2021

NUE Dividend Chart for April 20 2021

NUE Revenue chart for April 20 2021

NUE Growth rate - Quarterly for April 20 2021

NUE Growth rate - Yearly for April 20 2021

NUE PE chart for April 20 2021

NUE PEG chart for April 20 2021