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NUCOR CORPORATION (NUE) Technical Analysis

Updated: 2026-06-05 14:55 UTC · Last close: 258.78 (-1.33%) · Support: 221.03 · Resistance: 262.28
NUCOR CORPORATION (NUE) technical analysis page covering price structure, support and resistance, momentum conditions and a fundamentals snapshot from WOI Scanner.
⬇️ Support
221.03
⬆️ Resistance
262.28
🔺 Technical Setup
Pattern
Triangle Compression / SYM / UP
State
Active
Trigger
245.24
Target
354.77
Risk / Invalid
237.88
Compression
91%
🎯 Decision Map
Compression note: triangle compression is around 91%, so resolution moves may become sharper as the structure tightens.
📊 Technical Summary
At a glance
Trend
Constructive
Momentum
Neutral
Range
98% of 52W range
Key Zone
221.03 / 262.28
NUCOR CORPORATION (NUE) finished the session at 258.78 (-1.33%). Trend remains constructive above MA50 and MA200. Momentum: +14.15%, with 52W position: 97% of range, while Volatility: ATR14 2.53%. RSI(14) is 75.4, which reflects strong upside momentum, although the indicator is approaching stretched territory. RSI has been drifting lower recently, suggesting that upside momentum may be cooling slightly. MACD remains above its signal line, which keeps the momentum structure biased to the upside. The MACD histogram remains positive, although upside momentum is not accelerating further.
🔺
Setup: Pattern Triangle breakout is active after price reclaimed the trigger zone.
•
Holding above 245.24 keeps the breakout structure healthier.
⚠️
Risk: A loss of 237.88 would weaken the setup.
•
Projection target sits near 354.77.
🎯
Key levels: The most important nearby levels are support at 221.03 and resistance at 262.28.
🚀
Trigger: Clearing resistance would improve continuation odds, while slipping below support would weaken the present setup.
💼 Fundamentals Snapshot
Source: sec
💼 Business Lens
QUALITY VIEW
Financial quality snapshot
Long-term structure remains supportive
📈 Growth: Strong 💰 Profit: Improving 💵 Cash: Pressured 🛡 Balance: Manageable
• Quarterly revenue growth remains strong and still points upward.
• Quarterly profitability is improving as earnings recover from an earlier soft patch.
💵 Revenue
9.50B
📈 Net Income
743.00M
🧮 EPS (Basic)
0.38
🏢 Company
NUCOR CORPORATION
🏷 Sector
Materials
🧩 Industry
Steel
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Note: This is an algorithmic technical snapshot (not financial advice).
NUE Chart