NUE Breaks Out at $232.00 as Moving Averages Align
Bullish
May 26, 2026 at 1:25 AM
•
$232.00
(+2.46%)
Nucor Corp (NUE) closed up 2.46% at $232.00 on May 26.
From a technical standpoint, the outlook appears bullish:
Momentum
RSI at 65.9 is in neutral territory but trending higher. MACD is bearish (7.54 vs signal 9.47).
Moving Averages
The stock holds above both the 9-day ($227.72) and 21-day ($222.50) EMAs, confirming the uptrend.
Volatility
Bollinger Band width at 7.9% indicates low volatility.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
The $218.37-$236.28 range defines near-term boundaries.