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Nucor Corp (NUE)

By Shiri Gupta

SmarTrend identified a Downtrend for Nucor Corp (NYSE:NUE) on October 21st, 2019 at $52.83. In approximately 3 weeks, Nucor Corp has returned 5.16% as of today's recent price of $55.55.

Nucor Corp share prices have moved between a 52-week high of $64.48 and a 52-week low of $46.10 and are now trading 20% above that low price at $55.55 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.6% while the 200-day MA has remained constant.

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates in three segments: Steel Mills, Steel Products, and Raw Materials.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Nucor Corp.

Log in and add Nucor Corp (NUE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights nucor corp

Ticker(s): NUE