Nucor Corporation technical analysis
Technical analysis of Nucor Corporation (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Nucor Corporation
Nucor Corporation is a company in the basic materials sector engaged in the manufacture and sale of steel and steel products. The company operates in three segments: Steel Mills, which produces sheet steel, plate steel, and structural steel products; Steel Products, which offers prefabricated steel components including joists, decking, and building systems; and Raw Materials, which produces direct reduced iron, brokers ferrous and nonferrous metals, and processes scrap metal.
Description generated automatically from public sources; it may be inaccurate or out of date.
Nucor Corporation: latest session data
Closing values for September 4, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
258.99 $
+0.80%
50 sessions
248.54 $
+5.04%
200 sessions
205.34 $
+27.14%
Session levels
s2
256.60
Support
s1
259.54
Support
pivot
264.00
Pivot
r1
266.94
Resistance
r2
271.40
Resistance
How to read it
In the September 4, 2026 session Nucor Corporation closed lower at 261.07 $, −0.53% versus the previous session.
The price sits above every moving average observed: +0.80% against the 21-session average, +5.04% against the 50 and +27.14% against the 200.
The 14-period RSI reads 55.5, in neutral territory.
MACD stands at 0.993 against a signal line at 0.684: the histogram is positive (+0.310).
ADX reads 19.2, indicating weak directionality.
Levels computed on the latest session place supports at 259.54 and 256.60 $ and resistances at 266.94 and 271.40 $, around a pivot of 264.00.
The average daily range (ATR) is 8.419 $, or 3.22% of price.
Turnover was 776.2K shares, 62% of the 20-session average.
Over the last twelve months the price ranged between 154.35 and 280.11 $, and today stands −6.80% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Nucor Corporation
How is Nucor Corporation analysed technically?
Technical analysis of Nucor Corporation is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Nucor Corporation?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Nucor Corporation?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Nucor Corporation it helps frame the technical structure of the historical chart and is not a forecast.
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