STOCKSTEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)Updated 2026-08-23
Here’s whether Nucor Corporation (NUE) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Bullish.
🟢
Bullish
Positives: trading above the 200-day MA (long-term uptrend intact); 50-day MA is rising (+0.71% over 10 days); RSI 36 — healthy momentum range; strong 1-year return of +70.1%; 3-month momentum positive (+5.0%). Concerns: below the 50-day MA (medium-term momentum negative). Currently 13.0% off its 52-week high. Score: +5/7.
NUE is holding above its long-term 200-day MA ($200.61) but has slipped below the 50-day MA ($248.15), pointing to short-term weakness in an otherwise intact trend. An RSI of 36.3 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +70.1% compares to +20.5% for SPY (beat the market by 49.6%).
$10,000 invested 1 year ago→ $17,007 today
vs. S&P 500 (SPY) — same period beat market by 49.6%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✓Above 200-day MA ($200.61)
✗Above 50-day MA ($248.15)
✓RSI(14) neutral zone (30–70) — currently 36.3
✓Positive return (+70.1%)
!Within 10% of period high (−13.0%)
Period Range $243.63
$131.32$280.11
RSI (14) 36.3
0 · OversoldOverbought · 100
Key Metrics
Price$243.63
Period Return+70.1%
Period High$280.11
Period Low$131.32
Drawdown−13.0%
MA-50$248.15
MA-200$200.61
RSI (14)36.3
Avg Volume (30d)1.5M
vs. SPYbeat by 49.6%
Return Rank#191 of 999
Trend Signals
Price is above the 200-day moving average ($200.61)
Price is below the 50-day moving average ($248.15)