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NUE· Materials› Steel

Nucor Corporation

Stage 3 · Topping · week 1

As of Oct 22, 2026, Nucor is in Stage 3, the topping phase, now in its first week (since Oct 21, 2026). It closed at $258.06, 5.8% below its 52-week high and above its 200-day average, which is rising.

Nucor Corporation engages in the manufacture and sale of steel and steel products. More about the company

$258.06
-2.45% today
$58.5B · Large cap
Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S2 21w
S4 19w
S2 19w
S2 26w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 6w → S3 5w → S4 6w → S1 1w → S2 21w → S3 7w → S4 19w → S1 6w → S4 12w → S1 4w → S4 11w → S1 5w → S2 10w → S3 6w → S2 19w → S3 3w → S2 26w → S3 1w current
Total tracked: 166 weeks across 18 stage runs.

NUE among Steel3rd of 21 by relative strength

All 21 →
Stocks in Steel ranked by relative strength, with stage and one-month change
#StockStageRS1M
1HLPStage 2 · wk 996+49.9%
2FRDStage 2 · wk 2095+3.1%
3NUEStage 3 · wk 193+4.7%
4NWPXStage 3 · wk 992−6.2%
5MTStage 3 · wk 189−16.3%
6TXStage 2 · wk 2389−1.1%
7STLDStage 3 · wk 288+2.6%
8GGBStage 2 · wk 2488+3.9%
vs 52W High
-5.8%
$135.07 lo$274.09 hi
5.8% below 52W high, weakening from peak
The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.
Stage Maturity
Week 1
1w13w26w
Week 1, early distribution
How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.
vs 200 DMA
17.3%
200 DMA: $220.05 · rising
Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.
Rel Volume
1.19x
vs 50-day avg
Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.
Trend Health
↗
Short-term trend rising gently
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+4.7%
3M
+4.5%
6M
+21.8%
YTD
+53.6%
1Y
+85.8%
Scan Membership
Breakout Watch
Latest: 2023-12-14
8 appearances in last 60 days. First seen: 2019-12-09.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S3
Wk 1 · Vol 1.19x
2026-10-21S32→3
Wk 1 · Vol 0.66x
2026-10-20S2
Wk 26 · Vol 1.11x
2026-10-19S2
Wk 26 · Vol 0.98x
2026-10-16S2
Wk 25 · Vol 0.88x
2026-10-15S2
Wk 25 · Vol 0.93x
2026-10-14S2
Wk 25 · Vol 0.78x
2026-10-13S2
Wk 25 · Vol 0.66x
2026-10-12S2
Wk 25 · Vol 0.59x
2026-10-09S2
Wk 24 · Vol 0.76x
2026-10-08S2
Wk 24 · Vol 0.63x
2026-10-07S2
Wk 24 · Vol 0.76x
Moving averages & range
50 DMA
$252.60
200 DMA
$220.05
52W High
$274.09
52W Low
$135.07
5D Low
$256.29
Resistance levels (recent highs)
20d High
$264.54
60d High
$274.09
120d High
$274.09
250d High
$274.09
Next resistance
+2.5%
to 20d High
P/E (TTM)
20.6
Forward 12.3
Earnings Growth (YoY)
+93.8%
Revenue +23.0%
ROE
+14.5%
Profit margin +8.0%
Dividend Yield
0.85%
P/B 2.6

Nucor: quick answers

What stage is Nucor in?

As of Oct 22, 2026, Nucor (NUE) is in Stage 3, the topping phase. It entered Stage 3 on Oct 21, 2026 and is in its first week there. What the four stages mean

Is Nucor in an uptrend?

Its uptrend has stalled. Nucor is in Stage 3, the topping phase that follows an advance. It trades 17.3% above its 200-day average, which is rising.

How far is Nucor from its 52-week high?

Nucor closed at $258.06 on Oct 22, 2026, 5.8% below its 52-week high of $274.09. Its 52-week low is $135.07.

How has Nucor performed over the past year?

As of Oct 22, 2026, Nucor is up 85.8% over the past year and up 53.6% so far in 2026.

Which sector and industry is Nucor in?

Nucor is in the Steel industry, part of the Materials sector.

About this companyMaterials· Steel

Nucor Corporation engages in the manufacture and sale of steel and steel products. The company operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico, as well as engages in the steel trading and rebar distribution businesses. The Steel Products segment offers steel joists and joist girders, steel decks, and galvanized torque tubes for use in solar arrays, hollow structural section steel tubing, electrical conduit, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, steel grating and expanded metal, wire and wire mesh, metal building systems, insulated metal panels, steel racking, overhead doors, and utility towers and structures for communications and energy transmission. This segment is also involved in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; processes ferrous and nonferrous scrap metal; and engages in the natural gas production and industrial gas business. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. Nucor Corporation was founded in 1905 and is based in Charlotte, North Carolina.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.