SignalFin

NUE Chart Analysis

$257.35as of 2026-10-26

NUE is in a daily uptrend (price above EMA20 (254.72), price above EMA50 (252.28), price above SMA200 (221.89)). The weekly timeframe agrees (uptrend). Price sits 8.1% below the 52-week high. Nearest resistance 268.02 (6 touches, 4.1% away). Nearest support 255.08 (1 touch, 0.9% below). Price has held a 6-week base box.

Trend regime by timeframe

dailyuptrend
  • • price above EMA20 (254.72)
  • • price above EMA50 (252.28)
  • • price above SMA200 (221.89)
  • • mixed pivot lows
  • • rising pivot highs
weeklyuptrend
  • • price above EMA20 (246.19)
  • • price above EMA50 (218.37)
  • • mixed pivot lows
  • • rising pivot highs
monthlyuptrend
  • • price above EMA20 (189.14)
  • • rising pivot lows

Key support & resistance levels

Levels are clustered from the swing highs and lows of the past year, weighted by the volume traded at each touch. More touches means the market has respected the level more often.

LevelTypeTestedFrom price
$279.27Resistance · 52-week high3 touches+8.5%
$268.02Resistance6 touches+4.1%
$257.35Last close (2026-10-26)
$255.08Support1 touch-0.9%
$249.03Support7 touches-3.2%
$241.21Support1 touch-6.3%
$237.02Support5 touches-7.9%

Detected chart patterns

inverse head and shouldersconfirmed

2026-09-22 → 2026-10-15 · confirmed 2026-10-16

Break level $252.88 · measured objective $276.56

  • • head 229.20, shoulders 241.21 / 248.29
  • • neckline 252.88, height 3.0 ATR

What the levels imply

Conditional paths off the mapped levels — if/then structure, not forecasts.

Upside path

If: close above resistance 268.02 (6 touches)

Then next objective: $279.27 (+8.5%)

Downside path

If: close below support 255.08 (1 touch)

Then next objective: $249.03 (-3.2%)

Frequently asked questions

What is NUE's support level?

The nearest mapped support for NUE is $255.08, a level the market has tested 1 time, sitting 0.9% below the last close of $257.35.

What is NUE's resistance level?

The nearest mapped resistance for NUE is $268.02 (6 touches), 4.1% above the last close.

Is NUE in an uptrend or downtrend?

As of 2026-10-26, NUE reads as a daily uptrend (price above EMA20 (254.72); price above EMA50 (252.28); price above SMA200 (221.89)). This is a structural description of price history, not a prediction.

Does NUE have any chart patterns right now?

NUE currently shows a confirmed inverse head and shoulders, with a break level at $252.88 and a measured objective of $276.56.

See the full picture in SignalFin

The annotated chart behind this analysis — levels, patterns, and bases drawn on real candlesticks — plus live swing setups, an AI analyst, and daily scans across the whole index.

Open SignalFin

Every number on this page is computed from NUE's price history and refreshed each trading day (data as of 2026-10-26). Nothing here is a prediction or investment advice — scenarios are conditional descriptions of mapped levels. See our disclaimer and data sources.