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Archive - 11/7/2025 - Sign In to see current Signals. |
Nucor Corp. (NUE) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Nucor Corp. (NUE). During the week, the NUE dropped -5.74 points, or -3.83%, and closed at 144.31 on Friday, November 7, 2025. It was the worst weekly loss since September 19, 2025. Weekly volume was -36% below average. NUE is a member of Materials Sector. Materials is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See NUE long-term trend chart] A long-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 (59.03) 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 long-term trend.
Medium-term trend: [See NUE medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 97.60 and reached 155.83 on October 29, 2025. NUE gained -58.23 points, or -59.66%, in 29 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 135.00 and resistance is at 174.64. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See NUE weekly technical indicators chart] Weekly technical indicators are neutral. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly 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. The weekly MACD line is above its signal line since October 24, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See NUE short-term trend chart] A short-term downtrend had started on October 29, 2025 at 155.83 and reached 142.05 on November 7, 2025. NUE lost 13.78 points, or 8.84%, in 9 days. The price is now at the 16.40% retracement level.
Daily Technical Indicators: [See NUE daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since October 17, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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