Is Nucor Corp. technically bullish or bearish?

Oct 12 2025 11:22 AM IST
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As of October 10, 2025, Nucor Corp.'s technical trend is neutral with mixed signals, showing a mildly bearish weekly MACD and a mildly bullish monthly MACD, while underperforming the S&P 500 over the past month and year but outperforming year-to-date, suggesting a cautious investment approach.
As of 10 October 2025, the technical trend for Nucor Corp. has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is mildly bearish, while the monthly MACD is mildly bullish. Bollinger Bands indicate a bearish trend on both weekly and monthly time frames. Daily moving averages show a mildly bullish stance, but the KST is mildly bearish weekly and bearish monthly. The Dow Theory suggests a mildly bullish trend weekly, with no trend monthly.

In terms of performance, Nucor has underperformed the S&P 500 over the past month and year, with returns of -5.80% and -11.43% compared to 0.31% and 13.36% for the index, respectively. However, it has outperformed the S&P 500 year-to-date with a return of 14.51% versus 11.41%. Overall, the mixed indicators suggest a cautious approach.
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Our weekly and monthly stock recommendations are here
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