Nucor (NUE) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for NUE · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$248.89last close · Jun 25, 2026
NUE Bullish Pennant Pattern
No chart pattern is currently detected on NUE. The most recent was a Bullish Pennant, detected Jan 9, 2026.
A Bullish Pennant is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $191.78 (+10.9%). Across 13,034 backtested bullish pennants, the setup followed through 55.2% of the time, averaging +0.58R; NUE's own bullish pennants have hit 51.5%.
NUE's most recent completed Bullish Pennant resolved as a win: it broke higher on Jan 21, 2026 near $180.23, then reached its target at $183.23 on Feb 13, 2026 — a +0.12R move (1.7%) over 17 sessions. Across 138 backtested bullish pennants, this setup wins 48.6% of the time.
OutcomeWinResult+0.12REntry$180.23Exit$183.23
How Bullish Pennants have performed
Win rate
55.2%
Avg return
+0.58R
Backtested trades
13,034
NUE win rate
51.5%
Historical pattern statistics (1986-11-26 – 2026-06-08), not a prediction.
NUE support and resistance levels
Price found a floor near $225.80 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $278.21 — still about 15% away.
Traders commonly watch $278.21 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
Nothing here is a signal to act — the long would have set up at the $225.80 floor about 5 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh entry.
Nearest auto-detected support sits near $235.43, resistance near $277.51. These are chart/swing-derived levels, not formula pivots.
Resistance
$277.51$280.37$319.20$413.40$495.73
Support
$235.43$227.04$153.94$101.13$99.53
NUE recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$242.29
$249.65
$241.39
$248.89
Jun 24, 2026
$242.72
$244.19
$238.39
$240.52
Jun 23, 2026
$240.15
$241.97
$237.50
$239.63
Jun 22, 2026
$244.78
$245.86
$241.42
$244.93
Jun 18, 2026
$252.95
$254.11
$242.05
$243.83
Jun 17, 2026
$258.00
$258.84
$250.00
$252.60
Jun 16, 2026
$261.59
$264.40
$258.91
$259.08
Jun 15, 2026
$270.00
$270.90
$256.55
$259.32
Jun 12, 2026
$264.80
$268.80
$264.35
$266.35
Jun 11, 2026
$254.35
$261.94
$252.69
$260.90
NUE frequently asked questions
What chart pattern is NUE forming right now?
No pattern is currently detected on NUE. The most recent was a Bullish Pennant, detected Jan 9, 2026.
Is a Bullish Pennant bullish or bearish?
The Bullish Pennant detected on NUE is a bullish pattern, projecting a measured-move target of $191.78. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Bullish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bullish Pennant family (13,034 trades over 516 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.58R. These are historical statistics, not a prediction.
What are the support and resistance levels for NUE?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), NUE's nearest support is around $235.43 and nearest resistance around $277.51.
What is the price target if NUE's pattern breaks out?
The detected Bullish Pennant has a geometry-based measured-move target of $191.78 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was NUE's closing price on Jun 25, 2026?
Nucor (NUE) last closed at $248.89 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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