Technical Analysis for 0K9L - Nucor Corp.

Grade Last Price % Change Price Change
D 176.37 0.52% 0.91
0K9L closed up 0.52 percent on Friday, April 26, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: May 9
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Oversold Stochastic Weakness 0.00%
200 DMA Support Bullish 0.52%
Bullish Engulfing Bullish 0.52%
Lower Bollinger Band Walk Weakness 0.52%
Below Lower BB Weakness 0.52%

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Profile

Nucor Corp. Description

Nucor Corporation engages in manufacture and sale of steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. The company was founded in 1905 and is headquartered in Charlotte, North Carolina.


Classification

Keywords: Energy Manufacturing Oil And Gas Iron Metals Building Materials Steel Waste Management Industrial Processes Steel Products Metal Products Metal Forming Heavy Equipment Steelmaking Electric Arc Furnace Scrap Steel Mill Steel Mills

Is 0K9L a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 203.34
52 Week Low 129.7818
Average Volume 3,063
200-Day Moving Average 171.25
50-Day Moving Average 190.28
20-Day Moving Average 192.06
10-Day Moving Average 185.45
Average True Range 4.74
RSI (14) 32.43
ADX 28.85
+DI 12.87
-DI 37.84
Chandelier Exit (Long, 3 ATRs) 189.11
Chandelier Exit (Short, 3 ATRs) 184.72
Upper Bollinger Bands 209.75
Lower Bollinger Band 174.36
Percent B (%b) 0.06
BandWidth 18.42
MACD Line -3.79
MACD Signal Line -1.05
MACD Histogram -2.7382
Fundamentals Value
Market Cap 553.67 Million
Num Shares 314 Million
EPS 27.80
Price-to-Earnings (P/E) Ratio 6.34
Price-to-Sales 0.02
Price-to-Book 0.00
Dividend 2.07
Dividend Yield 1.17%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 179.47
Resistance 3 (R3) 179.20 177.89 178.96
Resistance 2 (R2) 177.89 177.10 178.03 178.78
Resistance 1 (R1) 177.13 176.61 177.51 177.40 178.61
Pivot Point 175.82 175.82 176.01 175.95 175.82
Support 1 (S1) 175.06 175.03 175.44 175.33 174.12
Support 2 (S2) 173.75 174.54 173.88 173.95
Support 3 (S3) 172.98 173.75 173.78
Support 4 (S4) 173.26