NucorNUE

Nucor (NUE) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for NUE · data as of Sep 4, 2026. The chart above is live; the read below updates daily.

$261.07last close · Sep 4, 202652-week range $131.32 – $280.11 · 6.8% below the high

NUE rising wedge pattern

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%).

DirectionBullishTarget$189.19Projected move+10.8%Breakout level$173.06

New to this pattern? What a rising wedge is and how to trade it →

NUE's most recent triangle trade

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.

OutcomeLossResult-13.1%R-1.00REntry$237.12Exit$268.08

Learn about triangle

NUE pattern trade history

Every completed pattern trade our nightly backtest found on NUE's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleSep 29, 2026 @ $237.12Oct 27, 2026 @ $268.08Loss+11.1% · -1.00R
Rising wedgeSep 18, 2026 @ $249.63Oct 27, 2026 @ $268.08Loss+13.8% · -1.00R
Rising wedgeAug 17, 2026 @ $265.38Aug 19, 2026 @ $245.57Win+7.5% · +1.34R
Rising wedgeJan 21, 2026 @ $180.52Feb 17, 2026 @ $184.09Win+8.6% · +0.36R
Rising wedgeDec 3, 2025 @ $165.40Dec 10, 2025 @ $159.81Loss+10.5% · -0.83R
TriangleOct 27, 2025 @ $142.89Nov 5, 2025 @ $144.00Win+5.7% · +0.15R
TriangleOct 10, 2025 @ $133.92Oct 16, 2025 @ $131.93Win+1.5% · +0.26R
Rising wedgeSep 18, 2025 @ $136.00Oct 28, 2025 @ $146.42Loss+6.2% · -1.00R
TriangleSep 8, 2025 @ $145.01Sep 18, 2025 @ $137.32Win+5.3% · +1.25R
TriangleSep 3, 2025 @ $144.19Sep 18, 2025 @ $137.64Win+4.5% · +0.94R
Rising wedgeSep 2, 2025 @ $144.48Sep 19, 2025 @ $133.77Win+7.4% · +1.60R
Rising wedgeSep 2, 2025 @ $144.76Oct 28, 2025 @ $151.16Loss+9.7% · -1.00R

Rising wedge examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

NUE support and resistance levels

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.

  • Traders commonly watch $305.69 as a target (its 161.8% 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.
  • There's nothing to act on here — the spot to watch was the $241.12 floor about 2 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

NUE recent daily prices

DateOpenHighLowClose
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

NUE frequently asked questions

What chart pattern is NUE forming right now?
As of Sep 4, 2026, TradingPal's detector identifies a rising wedge on Nucor (NUE) on the daily chart, with a measured-move target of $189.19.
Is a rising wedge bullish or bearish?
The rising wedge detected on NUE is a bullish pattern, projecting a measured-move target of $189.19. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if NUE's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $189.19 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was NUE's closing price on Sep 4, 2026?
Nucor (NUE) last closed at $261.07 on Sep 4, 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.