NUE Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Nucor Corp (NUE) Moving Averages Convergence Divergence (MACD) indicator is 10.115, suggesting NUE is Buy.

Nucor Corp (NUE) 20-Day simple moving average is 232.238, while Nucor Corp (NUE) share price is $250, making it Buy.

Nucor Corp (NUE) 60-Day simple moving average is 198.712, while Nucor Corp (NUE) share price is $250, making it Buy.

Technical Analysis for NUE

Technical Sentiment Analysis for Nucor Corp (NUE) As of 2026-05-29, Nucor Corp (NUE) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 9 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for NUE stands at 76.629, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 10.115, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 96.29 and the Commodity Channel Index (CCI) at 215.333 further confirm a 17.15 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, NUE is trading above its 60-day moving average of $198.712 and above its 200-day long-term moving average of $169.402. Key price levels to watch include the immediate resistance at $250.788 and strong support at $218.891. A break above $250.788 could signal a bull continuation, while falling below $218.891 may test the next Fibonacci floor at $203.242.

Nucor Corp (NUE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	186.993	203.242	218.891	235.139	250.788	267.037	282.686
Fibonacci	203.242	215.426	222.954	235.139	247.324	254.852	267.037

Nucor Corp (NUE) Technical Indicators

2026-05-29

Name	Value
RSI_14	76.629
STOCHk_14_3_3	96.29
STOCHd_14_3_3	95.091
CCI_20	215.333
AO_5_34	20.236
MOM_10	17.15
MACD_12_26_9	10.115

Nucor Corp (NUE) Relative Strength Index (RSI) is 76.629, creating a Sell signal.

Nucor Corp (NUE) Stochastic Oscillator is 96.29, creating a Sell signal.

Nucor Corp (NUE) Stochastic RSI is 95.091, creating a Sell signal.

Nucor Corp (NUE) Commodity Channel Index (CCI) is 215.333, creating a Sell signal.

Nucor Corp (NUE) Awesome Oscillator is 20.236, creating a Buy signal.

Nucor Corp (NUE) Momentum is 17.15, creating a Buy signal.

Nucor Corp (NUE) MACD is 10.115, creating a Buy signal.

Nucor Corp (NUE) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	243.612	Buy
MA_10	234.54	Buy
MA_20	232.238	Buy
MA_60	198.712	Buy
MA_200	169.402	Buy
MA_250	162.277	Buy

Nucor Corp (NUE) 5-Day simple moving average is 243.612, while Nucor Corp (NUE) share price is $250, making it a Buy.

Nucor Corp (NUE) 10-Day simple moving average is 234.54, while Nucor Corp (NUE) share price is $250, making it a Buy.

Nucor Corp (NUE) 20-Day simple moving average is 232.238, while Nucor Corp (NUE) share price is $250, making it a Buy.

Nucor Corp (NUE) 60-Day simple moving average is 198.712, while Nucor Corp (NUE) share price is $250, making it a Buy.

Nucor Corp (NUE) 200-Day simple moving average is 169.402, while Nucor Corp (NUE) share price is $250, making it a Buy.

Nucor Corp (NUE) 250-Day simple moving average is 162.277, while Nucor Corp (NUE) share price is $250, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for NUE?

The overall technical consensus for Nucor Corp (NUE) is currently Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 6 sell signals.

What are the key support and resistance levels for Nucor Corp (NUE) today?

Based on pivot point calculations, Nucor Corp (NUE) has an immediate support level at 218.891 and a major resistance level at 250.788. Traders also monitor the pivot point at 235.139 to determine the intraday trend direction.

Is Nucor Corp (NUE) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Nucor Corp (NUE) is currently 76.629. This indicates that the stock is in overbought territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Nucor Corp (NUE)?

Nucor Corp (NUE) Moving Averages Convergence Divergence (MACD) indicator is 10.115, suggesting NUE is Buy. This indicator helps identify potential trend reversals or momentum shifts for Nucor Corp.

How is Nucor Corp (NUE) performing relative to its 200-day moving average?

Nucor Corp (NUE) is currently trading at $250, which is above its 200-day simple moving average of 169.402. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.