NUE Nucor Corporation
Trend channel, buy level and 3-month target. Information only, not financial advice.
Above the channel · 9-month channel rising
Closed above resistance (US$255.90). The fitted trend may no longer apply.
- 9-month channel
- US$234.55 – US$255.90 · rising, +85% a year
- Price in channel
- 182% (0% = floor, 100% = ceiling)
- Ceiling overhead
- none — above both ceilings
- Turns bearish below
- US$234.55
Price history, with the path projected 3 months forward
Updated 5:29 PM ET (18 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call: price has closed 6.7% clear above the channel, so the fitted lines no longer describe where it is Levels below are for reference only.
Buy at or below
US$234.58
level as at 1 Nov 2026
Our target
US$255.86
by 2 Nov 2026
Projected move
9.1%
gross, before costs
Price is at or past our target.
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 61%
- Fitted
- 1 Nov 2026
Company information
About Nucor
Nucor Corporation is an American company based in Charlotte, North Carolina, that produces steel and related products. It is the largest steel producer in the United States and the largest recycler of scrap in North America. Nucor is the 16th-largest steel producer in the world. Along with Commercial Metals Company, it is one of two primary suppliers of rebar used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S.
- Sector
- Basic Materials
- Industry
- Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.