NUE (NUE) — Uptrend in force
NUE (NUE) is trading at $270.05, +12.76 (+4.96%) on the session. Over the last 125 sessions the trend is up with a +39.9% move. Price is -1.7% from its 6-month high and +70.3% from its 6-month low. Annualised volatility (30-day) is ~38%.
Probability scenarios
Bullish bias — 5 bullish, 1 bearish, 2 neutral of 8 signals.
Trend Strong uptrend in force
NUE (NUE) is trading at $270.05. Over the last 125 sessions the trend is **up** with a +39.9% move.
Price is -1.7% from the 6-month high and +70.3% from the low. Annualised volatility (30-day) is ~38%.
Price is above the 15-day MA ($254.97, +5.9%) and above the 50-day SMA ($246.35).
Bollinger Bands Near the upper band — momentum hot
Bollinger Bands (20, 2): price is at $270.05, upper $280.45, middle $250.04, lower $219.63. Price is near the upper band — momentum hot.
Bandwidth is 24.3% of price — expanded (high volatility). Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Overbought
RSI(14) is 77.0. Strong but not yet extreme — approaching the 80 line.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bullish — fast line above signal
MACD (12, 26, 9): line $9.38, signal $6.52, histogram +2.860.
The fast line is above the signal line and the histogram is positive — a bullish configuration. Momentum is expanding.
Volume Analysis Balanced volume
Up-day and down-day volume are roughly even (ratio 0.95) over the recent 19 sessions — no strong conviction either way.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money on hold
The A/D line slope is flat and the line is well off highs — institutions are neither aggressively accumulating nor distributing.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Above anchored VWAP — period buyers in profit
Price ($270.05) is +25.3% above the anchored VWAP ($215.52). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 2 resistance / 3 support levels
Current price $270.05. Resistance above: $270.90, $280.11. Support below: $250.04, $241.39, $237.50.
Watch $270.90 as the first upside level to clear, and $250.04 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$270.90
Resistance
$280.11
Support
$250.04
Support
$241.39
Support
$237.50
Signal breakdown
- Trend (6mo) Bullish Linear-regression slope is up (+39.9% over the period).
- Price vs 50-day SMA Bullish Price is above the 50-day SMA ($246.35).
- RSI (14) Bearish RSI 77 — overbought, mean-reversion risk.
- MACD (12,26,9) Bullish Histogram positive (+2.860) — fast line above signal.
- Bollinger %B Bullish Price in the upper half of the bands (%B 0.83).
- Volume profile Neutral Volume balanced between up and down days.
- A/D line Neutral A/D line slope is flat.
- AVWAP Bullish Price above anchored VWAP ($215.52).
Generated from 125 daily closes in the scraped 6-month OHLCV series (quote data 2026-08-07T14:02:31.280887424Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.