NUE Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of Nucor Corp. (Symbol: NUE) crossed below their 200 day moving average of $103.93, changing hands as low as $103.88 per share. Nucor Corp. shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of NUE shares, versus its 200 day moving average:

Nucor Corp. 200 Day Moving Average Chart

Looking at the chart above, NUE’s low point in its 52 week range is $47.935 per share, with $128.81 as the 52 week high point — that compares with a last trade of $104.15. The NUE DMA information above was sourced from

Click here to find out which 9 other metals stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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