⚠️ Uptrend Under Pressure Severe risk · 99 · Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY) Full briefing → Jul 28
Simple research view

NUE · Nucor Corporation

$247.86 latest stored close
Detected setup Power Play

Watch · Quality 22/100

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Scans / Non-Energy Minerals / NUE

$NUE

Nucor Corporation

Nucor Corporation is a large-cap Steel company in the Non-Energy Minerals sector with a market cap of $56B.

Strong Buy · 98 Non-Energy Minerals Steel stock Stage 2 · Advancing Base 2 Data 2m ago
$247.86 latest close
Council read · 6 methods

Watch — evidence is building

0 buyable · 6 watch · 0 avoid. Review the observed passes and blockers before reading the chart.

Earnings-risk mode

Post-earnings setup

Monday, July 27, 2026 Time not confirmed No sourced report session or clock time

Deterministic evidence

NUE+0.12%
Broad market · SPY+0.02%
Same completed session window ending 2026-07-27. +0.10 points vs SPY.
CatalystUnavailable Stock reactionPositive Sector reactionUnavailable Opening surgeUnavailable Event riskEarnings-driven
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

AI interpretation (optional)

Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.

Interpret this evidence AI output is commentary, not scanner evidence or a sizing recommendation.
Price $247.86 Jul 27 close
52W High $270.90 -8.5%
52W Low $131.32
Wks Since High 5w
Base Depth -20.8%
Base B2
SMA 50 $240.16
SMA 200 $188.89
Avg Vol 1,554,470
RS Rank 92
RS vs High -6.6%
RS Slope +8.7% ▲
Grp Rank #3/64
ADR% 2.7%
ATR(14) $6.32 (2.5%)
Rel Vol (today) 1.08×
Vol Pace N/A
U/D Vol 1.00
A/D Days 9A / 13D
A/D Rating E
VDU Bars 0/10 d
Earnings past
$131.32
$270.90 83%

NUE Chart

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Setup Quality B 4/7 signals
Jul 24: 74 (Wyckoff SOS)Jul 27: 88 (Power Play)Jul 27: 89 (Power Play)Jul 27: 90 (Power Play)Jul 28: 89 (Power Play)Jul 28: 90 (Power Play)90 Score trend
✓ Stage 2 · Advancing ✗ Power Trend ✗ RS New High ✓ Trend 8/8 ✗ No Pattern ✓ CANSLIM 85.9 (B) ✓ Gatekeeper Base #2 (B)

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Technical Analysis Report Card

$NUE · $247.86 · as of 2026-07-27 · multi-factor read
98
/ 100
Strong Buy

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$240.16 ↑
100-day$215.29 ↑
200-day$188.89 ↑
Bullish (50 > 200)

RSI (14)

Reading61.3 · Bullish

Bullish momentum — comfortably in buyer territory.

MACD (12/26/9)

StateBullish
Histogram+2.223

Bullish — MACD above its signal line and above zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width100% · 14.2%

Near the upper band — buyers in control.

Volume · Buyer vs Seller

Up/Down vol1.0 · Neutral
Rel volume1.08×

Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.

Support & Resistance

R · $264.67swing level
R · $270.9052-week high
Price · $247.86now
S · $245.33swing level
S · $219.49swing level
S · $214.61swing level

Fibonacci · Uptrend swing

23.6%$243.58
38.2%$226.68
50.0%$213.02
61.8%$199.36
78.6%$179.91

Retracement support zones measured from the recent swing low up to the high.

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Weekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishRS 89 (leader)
Want this read in a legend's voice? 💬 Ask a Legend about NUE
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.

Council consensus: 🟡 6 of 6 legends are Watching — building, not yet a confirmed buy.
Watch
Minervini B

Trend-template read: 10/13 pass; wait for the soft misses to improve.

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $247.86, MA150 $202.09, MA200 $188.89
1.2 150-day MA > 200-day MAMA150 $202.09 vs MA200 $188.89
Failing evidence
2. ROE ≥ 17%ROE 11.2%
2. Revenue growth ≥ 20% YoY+5.7% YoY
10/13 checks
Watch
O'Neil D

CANSLIM read: 4/8 pass; improvement is still needed.

Passing evidence
C: Quarterly EPS acceleration ≥ 25%+86.7% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 89
Failing evidence
A: Annual earnings & revenue qualityRev +5.7% | ROE 11.2%
S: Volume ≥ 40% above average on breakoutVolume ratio 1.08x
4/8 checks
Watch
Weinstein C

Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $247.86 vs MA200 $188.89
Failing evidence
Volume expansion above averageVolume ratio 1.08x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
Watch
Livermore B

Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.

Passing evidence
Price$247.86
Relative strengthRS 89
Failing evidence
Volume vs average1.08x
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Watch
Darvas B

Box-theory read: constructive evidence is present, but volume vs average is unresolved.

Passing evidence
Price$247.86
Relative strengthRS 89
Failing evidence
Volume vs average1.08x
Box top broken on heavy volumeNot confirmed
4/6 checks
Watch
Wyckoff B

Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.

Passing evidence
Price$247.86
Relative strengthRS 89
Failing evidence
Volume vs average1.08x
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
4/6 checks
Breakout Health

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
148RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +5 E
A: 19 D: 14 Net: +565 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini SEPA criteria · 4/7 met
B 4/7 SEPA
Separate score from the 8-point Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ +87%
Revenue growth ≥20% YoY +6%
Gross margin ≥30% 14%
ROE ≥17% 11%
RS rating ≥80 (leadership) 89
Stage 2 uptrend (Weinstein) Stage 2
Within 25% of 52W high -8.5%

Method Playbook

📋 Trade it like Minervini EXACT LEVELS · PRO
Minervini O'Neil Livermore Weinstein Darvas Wyckoff
Minervini B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the tight base's structural pivot; the setup must retain Trend Template leadership into the trigger.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a decisive move through the pivot with volume confirmation, and do not initiate more than 5% above it.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start at the tighter structural invalidation; the initial loss limit must not exceed roughly 7–8% from entry.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Hold the initial stop until the trade proves itself; near +1R move to breakeven, then trail a higher low or rising 10/21-day average once well extended.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when the structural stop or a meaningful higher-low/short-term trend violation fires; never widen the stop.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →

Forming Patterns (predictive — not confirmed)

Head & Shoulders bearish forming
75% built

Possible head & shoulders top — not confirmed. Watch for a daily close below ~214.61 (neckline) to confirm, with measured-move risk toward ~158.32. A push back above 251.23 weakens the pattern; reclaiming 270.90 invalidates it.

Confirms below 214.61
Invalidates at 270.90
Left Shoulder 264.67
Head 270.90
Right Shoulder 251.23
Neckline 214.61
Target 158.32

LS 264.67 / head 270.90 / RS 251.23, neckline ~214.61, vol_fading=yes

Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.

Pattern Analysis

Power Play ⚠ 3rd-stage base
90.5 score
RS Score 89
Trend 8/8
CANSLIM 85.9* (B)
prior advance: 0.416 base depth: 0.208 num contractions: 2 is tightening: ✓ tightening waived: ✗ volume dry up: ✓ in stage2: ✓ near pivot: ✓ right side recovery: ✓ validation reason: valid generic setup multi tf evaluated: ✓ multi tf reason: weekly trend template 8/8 confirmed
Why This Setup?
Power Play

prior_advance=41.6%, base_depth=20.8%, contractions=2, tightening=yes, vol_dry=yes, stage2=yes, near_pivot=yes | Strong trend (8/8) | Top RS (89) | High-confidence pattern (80%) | Stage 2 | Readiness 89/100 (approaching) | CANSLIM 85.9 (B) | ⚠ 3rd-stage base

The Universal Edge Check

The panel is uneasy

Too many universals unmet — this leans closer to a guess than a trade.

2/7 universals met
Why these seven? → The Universal Edge

Minervini Trend Template

8/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $247.86 vs SMA150 $202.09 / SMA200 $188.89
SMA 150 above SMA 200 SMA150 $202.09 vs SMA200 $188.89
SMA 200 trending up Slope +9.38 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $240.16
Price above SMA 50 $247.86 vs SMA50 $240.16
30%+ above 52W low +88.7% from $131.32
Within 25% of 52W high -8.5% from $270.90
RS score above 70 RS 89

Fundamentals

52W Range
83%
Mkt Cap SEC
56.4B
EPS QoQ
+87%
Rev YoY
+6%
ROE
11%
Gross Margin
14%
D/E
0.34
EPS TTM
$7.52
P/E TTM
33.0x
Float
228M
Insider
No Buy

Company

Legend AI snapshot
Nucor Corporation
NUE · NYSE · Non-Energy Minerals · Steel
$247.86latest close $56.4Bmarket cap 92RS rank 90setup score
O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B 85.9* CANSLIM * disqualified on M
C · Curr. EPS
100
A · Annual EPS
66
N · New Highs
100
S · Supply/Demand
100
L · Leader RS
89
I · Inst. Spons.
100
M · Market
30

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
99
W. Support
$155.14
W. Resist
$270.90
Weekly Structure

Scan History

20× streak
Jul 24: 74 (Wyckoff SOS)Jul 27: 88 (Power Play)Jul 27: 89 (Power Play)Jul 27: 90 (Power Play)Jul 28: 89 (Power Play)Jul 28: 90 (Power Play)90
Jul 28
Power Play ✓ Gate
90
Jul 28
Power Play ✓ Gate
89
Jul 27
Power Play ✓ Gate
90 0.0%
Jul 27
Power Play ✓ Gate
89 0.0%
Jul 27
Power Play ✓ Gate
88 0.0%
Jul 24
Wyckoff SOS ✓ Gate
74 +0.1%

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