Stand aside — setup invalidated
Setup score 68, but price closes below stop $266.21 — stand aside until the condition resets.
Simple research view
NUE · Nucor Corporation
$255.46 -0.95% Sep 10 close
1 independent risk warning also present. Review before relying on the bullish setup.
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$NUE
Nucor CorporationNucor Corporation is a large-cap Steel company in the Non-Energy Minerals sector with a market cap of $58B.
⚠ Risk Signals
Head & Shoulders Top
Possible head & shoulders top — not confirmed. Watch for a daily close below ~249.21 (neckline) to confirm, with measured-move risk toward ~218.32. A push back above 268.47 weakens the pattern; reclaiming 280.11 invalidates it.
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Verdict · setup score 68/100 · data Sep 10 close · 1 session old
Stand aside — setup invalidated
Setup score 68, but price closes below stop $266.21 — stand aside until the condition resets.
Earnings
Normal technical setup
Next earnings
Monday, October 26, 2026
After market close
Exact clock time not supplied by source
Deterministic evidence
NUE-0.95%
Sector proxy · XLB-1.23%
Broad market · SPY-0.60%
Session internals Mixed
Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.
Vs prior close-0.95%
From the open+0.18%
Range position72%
GapNo gap
QQQ confirmationConfirming (-1.06%)
SMH confirmationConfirming (-2.44%)
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$131.32
Tight Wks
0
Base
B3
SMA 200
$207.64
RS Line vs High
-6.1%
RS Line Slope
-3.7% ▼
Group Rank
#3/58
ADR%
3.3%
ATR(14)
$7.78 (3.0%)
Vol Pace (live)
N/A
U/D Vol
0.36
A/D Days
16A / 14D
A/D Rating
B
VDU Bars
0/10 d
Earnings
in 44d
NUE Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$NUE · $255.46 · as of 2026-09-10 · multi-factor read
76
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▼ Weak / rolling over
Weekly
▲ Uptrend
Monthly
▲ Uptrend
Moving Averages
50-day$250.14 ↑
100-day$243.41 ↑
200-day$207.64 ↑
Bullish (50 > 200)
RSI (14)
Reading49.8 · Neutral
Neutral — momentum is balanced between buyers and sellers.
MACD (12/26/9)
StateBullish
Histogram+0.005
Bullish — MACD above its signal line and above zero. Histogram contracting.
Bollinger Bands (20,2)
%B / Width49% · 14.7%
Squeeze — volatility compressing
Mid-band — no directional band edge in play. Bands are squeezing — volatility is compressing, often a precursor to a sharp move.
Volume · Buyer vs Seller
Up/Down vol0.36 · Distribution
Rel volume0.66×
Distribution — volume is concentrated on down days; sellers dominate. Recent volume is easing versus its baseline.
Support & Resistance
R · $264.67swing level
R · $270.90swing level
R · $280.1152-week high
Price · $255.46now
S · $245.33swing level
S · $238.62swing level
S · $219.49swing level
Fibonacci · Uptrend swing
23.6%$251.25
38.2%$233.40
50.0%$218.98
61.8%$204.55
78.6%$184.01
Retracement support zones measured from the recent swing low up to the high.
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Daily downtrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishVolume distribution
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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: 9/12 pass; wait for the soft misses to improve.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $255.46, MA150 $221.03, MA200 $207.64
1.2 150-day MA > 200-day MAMA150 $221.03 vs MA200 $207.64
Failing evidence
2. Quarterly EPS growth ≥ 25%From SEPA scan
2. ROE ≥ 17%From SEPA scan
Watch
O'Neil D
CANSLIM read: 4/8 pass; improvement is still needed.
Passing evidence
C: Quarterly EPS acceleration ≥ 25%CANSLIM grade B
L: RS rank ≥ 80 (IBD leadership)RS rank 83
Failing evidence
A: Annual earnings & revenue qualityRev +5.7%
S: Volume ≥ 40% above average on breakoutVolume ratio 0.66x
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 $255.46 vs MA200 $207.64
Failing evidence
Volume expansion above averageVolume ratio 0.66x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
Watch
Livermore B
Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$255.46
Relative strengthRS 83
Failing evidence
Volume vs average0.66x
Pivotal point cleared on expanding volumeNot confirmed
Watch
Darvas B
Box-theory read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$255.46
Relative strengthRS 83
Failing evidence
Volume vs average0.66x
Box top broken on heavy volumeNot confirmed
Watch
Wyckoff B
Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$255.46
Relative strengthRS 83
Failing evidence
Volume vs average0.66x
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
Latest candle: Doji — Open and close nearly equal — indecision. After a strong move it can signal a pause or pending reversal; wait for confirmation.
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▼ Falling
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net +1
Fundamentals & leadership quality — Minervini’s published criteria · 3/7 met
C
3/7 criteria
Separate score from the Minervini 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
—
Revenue growth ≥20% YoY
+6%
Gross margin ≥30%
—
ROE ≥17%
—
RS rating ≥80 (leadership)
83
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-8.8%
Method Playbook
Trade it like Darvas
EXACT LEVELS · PRO
Darvas B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Use the top of the active Darvas box near the high as the mechanical breakout boundary.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require price to clear the box top with volume confirmation; movement inside the box remains observation, not a trigger.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Start below the active box support or the canonical structural stop that proves the breakout failed.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: As higher boxes form, raise the stop beneath the newest confirmed box floor; the stop moves up only.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit when price breaks the active box floor or decisively falls back through the breakout structure.
Evidence: Canonical setup geometry is available with Pro.
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
near confirmation
90%
built
Possible head & shoulders top — not confirmed. Watch for a daily close below ~249.21 (neckline) to confirm, with measured-move risk toward ~218.32. A push back above 268.47 weakens the pattern; reclaiming 280.11 invalidates it.
Confirms below
249.21
Invalidates at
280.11
Left Shoulder
270.90
Head
280.11
Right Shoulder
268.47
Neckline
249.21
Target
218.32
LS 270.90 / head 280.11 / RS 268.47, neckline ~249.21, vol_fading=no
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Pattern Analysis
Cup & Handle
Historical replay: +20% before −8% within 40 sessions: 21% (n=53) · source bars 2025-03-17–2026-09-04 · avg +1.9% per setup (+0.24R)
⚠ Late-stage base (#4)
⚠ Head & shoulders top forming
68
setup score
RS Score
83
Trend template
8/8 ✓
CANSLIM
76.8* (B)
19.9% cup depth
6.1% handle
Why This Setup?
Cup & Handle · schematic
depth=19.9%, handle_pb=6.1%, lips_diff=3.7%, upper_half=yes, u_shape=yes, near_pivot=no, orderly=yes | Strong trend (8/8) | Top RS (83) | High-confidence pattern (90%) | Stage 2 | Readiness 66/100 (watch) | CANSLIM 76.8 (B) | ⚠ Late-stage base (#4); Head & shoulders top forming
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
2/7
universals met
- Risk is defined — not met No stop — undefined risk
- A relative-strength leader — partly met RS rank 78 — middling
- Asymmetric reward — partly met No target set
- Not chasing (in range) — partly met Pivot distance unknown
- Volume confirms — partly met 0.7× average — light
- Clear of earnings — met in 44 days
- In a confirmed uptrend — met Stage 2 · Trend template 8/8
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
$255.46 vs SMA150 $221.03 / SMA200 $207.64
SMA 150 above SMA 200
SMA150 $221.03 vs SMA200 $207.64
SMA 200 trending up
Slope +10.90 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $250.14
Price above SMA 50
$255.46 vs SMA50 $250.14
30%+ above 52-week low
+94.5% from $131.32
Within 25% of 52-week high
-8.8% from $280.11
RS score above 70
RS 83
Fundamentals
52W Range
83%
Mkt Cap SEC
58.0B
Rev YoY
+6%
EPS TTM
$7.52
P/E TTM
34.0x
Float
227M
Company
Company profile
Nucor Corporation
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B
76.8* CANSLIM
* disqualified on M
C · Curr. EPS
100
A · Annual EPS
62
N · New Highs
100
S · Supply/Demand
70
L · Leader RS
83
I · Inst. Spons.
100
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
8/8
W. RS
96
W. Support
$155.14
W. Resist
$280.11
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
20× streakSep 11
Cup & Handle
✓ Gate
68
Sep 11
Cup & Handle
✓ Gate
55
Sep 10
Cup & Handle
✓ Gate
55
0.0%
Sep 09
Cup & Handle
✓ Gate
68
-0.9%
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