|
|
Downtrend Broken Resist.Archive
- 8/22/2025 -
Sign In to see current Signals. |
Nucor Corp. (NUE) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a third consecutive positive week for the Nucor Corp. (NUE). During the week, the NUE gained 2.52 points, or 1.73%, and closed at 147.93 on Friday, August 22, 2025. Weekly volume was -45% below average.
 Long-term trend: [See NUE long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 27.53 and reached 203.00 on April 9, 2024. NUE gained -175.47 points, or -637.38%, in 211 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (198.98) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See NUE medium-term trend chart]
A medium-term downtrend had started on April 9, 2024 at 203.00 and reached 97.60 on April 7, 2025. NUE lost 105.40 points, or 51.92%, in 51 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (76.22) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See NUE weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since May 30, 2025. The distance between MACD and the signal line is relatively high, but getting smaller. Use the following link to access a MACD help.
 Short-term trend: [See NUE short-term trend chart]
A short-term uptrend had started on August 21, 2025 at 142.40 and reached 148.99 on August 22, 2025. NUE gained -6.59 points, or -4.63%, in 1 days. The price is now at the 16.08% retracement level.
 Daily Technical Indicators: [See NUE daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since August 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
| |
|
|