NucorNUE
Auto-detected technical analysis for NUE · data as of Sep 4, 2026. The chart above is live; the read below updates daily.
NUE is currently forming a rising wedge on the daily timeframe. Detected Sep 4, 2026.
A rising wedge usually breaks lower, but NUE is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $189.19 (+10.8%).
New to this pattern? What a rising wedge is and how to trade it →
NUE's most recent completed triangle resolved as a loss: it broke down on Sep 29, 2026 near $237.12, then was stopped out at $268.08 on Oct 27, 2026 — a 13.1% move (-1.00R) over 20 sessions. Across 174,297 backtested triangles, this setup wins 40.8% of the time.
Every completed pattern trade our nightly backtest found on NUE's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Sep 29, 2026 @ $237.12 | Oct 27, 2026 @ $268.08 | Loss | +11.1% · -1.00R |
| Rising wedge | Sep 18, 2026 @ $249.63 | Oct 27, 2026 @ $268.08 | Loss | +13.8% · -1.00R |
| Rising wedge | Aug 17, 2026 @ $265.38 | Aug 19, 2026 @ $245.57 | Win | +7.5% · +1.34R |
| Rising wedge | Jan 21, 2026 @ $180.52 | Feb 17, 2026 @ $184.09 | Win | +8.6% · +0.36R |
| Rising wedge | Dec 3, 2025 @ $165.40 | Dec 10, 2025 @ $159.81 | Loss | +10.5% · -0.83R |
| Triangle | Oct 27, 2025 @ $142.89 | Nov 5, 2025 @ $144.00 | Win | +5.7% · +0.15R |
| Triangle | Oct 10, 2025 @ $133.92 | Oct 16, 2025 @ $131.93 | Win | +1.5% · +0.26R |
| Rising wedge | Sep 18, 2025 @ $136.00 | Oct 28, 2025 @ $146.42 | Loss | +6.2% · -1.00R |
| Triangle | Sep 8, 2025 @ $145.01 | Sep 18, 2025 @ $137.32 | Win | +5.3% · +1.25R |
| Triangle | Sep 3, 2025 @ $144.19 | Sep 18, 2025 @ $137.64 | Win | +4.5% · +0.94R |
| Rising wedge | Sep 2, 2025 @ $144.48 | Sep 19, 2025 @ $133.77 | Win | +7.4% · +1.60R |
| Rising wedge | Sep 2, 2025 @ $144.76 | Oct 28, 2025 @ $151.16 | Loss | +9.7% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $241.12 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $305.69 — still about 17% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 4, 2026 | $263.39 | $264.60 | $258.95 | $261.07 |
| Sep 3, 2026 | $265.68 | $268.47 | $261.07 | $262.47 |
| Sep 2, 2026 | $254.11 | $264.94 | $253.18 | $263.97 |
| Sep 1, 2026 | $248.58 | $252.60 | $246.00 | $251.92 |
| Aug 31, 2026 | $252.26 | $253.81 | $248.65 | $249.64 |
| Aug 28, 2026 | $252.76 | $256.18 | $248.13 | $250.50 |
| Aug 27, 2026 | $252.00 | $253.00 | $249.54 | $252.37 |
| Aug 26, 2026 | $248.91 | $254.20 | $248.20 | $252.80 |
| Aug 25, 2026 | $246.04 | $248.68 | $243.10 | $247.55 |
| Aug 24, 2026 | $249.13 | $257.13 | $243.50 | $244.64 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.