Threat from Substitute Products Rivalry among the existing players.
It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 6 of the last 10 days and is up by 4.
Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0. Trend Nucor Corporation lies the upper part of a wide and falling trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected.
Given the current short-term trend, the stock is expected to fall Nucor Corporation holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday November 14,which indicates further gains until a new top pivot has been found.
Volume is rising along with the price.
This is considered to be a good technical signal. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level.
For the last week, the stock has had a daily average volatility of 2. The stock is overbought on RSI14 and lies in the upper part of the trend. Normally this will pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought.
Regardless, the high RSI together with the trend position increases the risk and higher daily movements volatility should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.
The RSI14 is 76 and this increases the risk substantially. There is a buy signal from pivot bottom found 2 days ago. Very Low Low Medium High Very High Evaluation Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.Nucor’s record of profitability during hard times in the domestic steel industry is clear evidence that it is a low cost provider as compared to other domestic steel producers in the U.S.
Nucor has to go far away from domestic competitors. Nucor Corporation is made up of over 20, teammates whose goal is to 'Take Care of Our Customers.' We are accomplishing this by being the safest, highest quality, lowest cost, most productive and most profitable steel and steel products company in the world.
We are committed to doing this while being cultural and environmental stewards in our communities where we live and work. This criteria is the most important one in the methodology and a failure of it will automatically result in a 0% score for the overall analysis.
Total Debt/Equity Ratio: [PASS] This methodology would consider the Debt/Equity ratio for NUE (%) to be mediocre. Financial Analysis Financial analysis is a vital part of the marketing strategy because this is the part that helps to determine the profit margin the company should be aiming for.
Profit margin is essentially the reward for all the work that the business puts in. the works translates as cost incurred. Nucor Corporation Porter Five Forces Analysis Strategic Management Essays, Term Papers & Presentations Porter Five Forces Analysis is a strategic management tool to analyze industry and understand underlying levers of profitability in a given industry.
Strategic Analysis of one of America's leading Steel Giant Nucor. This strategic analysis presents: 1. Porter's Five Forces to determine the Steel Industry in USA market.