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 13.036, suggesting NUE is Strong Buy.

Nucor Corp (NUE) 20-Day simple moving average is 213.449, while Nucor Corp (NUE) share price is $227.5, making it Buy.

Nucor Corp (NUE) 60-Day simple moving average is 186.109, while Nucor Corp (NUE) share price is $227.5, making it Buy.

Technical Analysis for NUE

Technical Sentiment Analysis for Nucor Corp (NUE) As of 2026-05-08, Nucor Corp (NUE) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 8 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for NUE stands at 72.856, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 13.036, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 83.799 and the Commodity Channel Index (CCI) at 76.708 further confirm a 13.21 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, NUE is trading above its 60-day moving average of $186.109 and above its 200-day long-term moving average of $162.88. Key price levels to watch include the immediate resistance at $236.589 and strong support at $214.289. A break above $236.589 could signal a bull continuation, while falling below $214.289 may test the next Fibonacci floor at $202.564.

Nucor Corp (NUE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	191.989	202.564	214.289	224.864	236.589	247.164	258.889
Fibonacci	202.564	211.083	216.346	224.864	233.383	238.646	247.164

Nucor Corp (NUE) Technical Indicators

2026-05-08

Name	Value
RSI_14	72.856
STOCHk_14_3_3	83.799
STOCHd_14_3_3	90.15
CCI_20	76.708
AO_5_34	33.799
MOM_10	13.21
MACD_12_26_9	13.036

Nucor Corp (NUE) Relative Strength Index (RSI) is 72.856, creating a Sell signal.

Nucor Corp (NUE) Stochastic Oscillator is 83.799, creating a Sell signal.

Nucor Corp (NUE) Stochastic RSI is 90.15, creating a Sell signal.

Nucor Corp (NUE) Commodity Channel Index (CCI) is 76.708, creating a Neutral signal.

Nucor Corp (NUE) Awesome Oscillator is 33.799, creating a Buy signal.

Nucor Corp (NUE) Momentum is 13.21, creating a Buy signal.

Nucor Corp (NUE) MACD is 13.036, creating a Buy signal.

Nucor Corp (NUE) Moving Average

2026-05-08

Period	Simple	Signal
MA_5	229.26	Sell
MA_10	226.013	Buy
MA_20	213.449	Buy
MA_60	186.109	Buy
MA_200	162.88	Buy
MA_250	155.532	Buy

Nucor Corp (NUE) 5-Day simple moving average is 229.26, while Nucor Corp (NUE) share price is $227.5, making it a Sell.

Nucor Corp (NUE) 10-Day simple moving average is 226.013, while Nucor Corp (NUE) share price is $227.5, making it a Buy.

Nucor Corp (NUE) 20-Day simple moving average is 213.449, while Nucor Corp (NUE) share price is $227.5, making it a Buy.

Nucor Corp (NUE) 60-Day simple moving average is 186.109, while Nucor Corp (NUE) share price is $227.5, making it a Buy.

Nucor Corp (NUE) 200-Day simple moving average is 162.88, while Nucor Corp (NUE) share price is $227.5, making it a Buy.

Nucor Corp (NUE) 250-Day simple moving average is 155.532, while Nucor Corp (NUE) share price is $227.5, 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 Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 2 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 214.289 and a major resistance level at 236.589. Traders also monitor the pivot point at 224.864 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 72.856. 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 13.036, suggesting NUE is Strong 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 $227.5, which is above its 200-day simple moving average of 162.88. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.