Nucor's 15min chart triggers MACD Golden Cross, Bollinger Bands expanding upward.

Monday, Sep 8, 2025 11:51 am ET2min read

Nucor's 15-minute chart has recently exhibited a notable trend reversal, as the MACD indicator has formed a Golden Cross and Bollinger Bands have expanded upward as of September 8, 2025 at 11:45. This development suggests a strong bullish momentum and implies that the stock price is likely to continue its upward trajectory, with market sentiment being driven by sustained buying interest.

Title: Nucor's (NUE) Stock Price Trends: A Technical Analysis

Nucor Corporation (NUE), a leading steel producer, has shown significant technical indicators suggesting a strong bullish trend. As of September 8, 2025, at 11:45, the 15-minute chart of NUE exhibited a notable trend reversal with the MACD indicator forming a Golden Cross and Bollinger Bands expanding upward. These developments suggest a robust bullish momentum and imply that the stock price is likely to continue its upward trajectory, driven by sustained buying interest.

The MACD (Moving Average Convergence Divergence) indicator is a momentum oscillator that shows the relationship between two moving averages of a security's price. A Golden Cross occurs when the MACD line crosses above the signal line, indicating a bullish trend. This signal is often interpreted as a buy signal, suggesting that the stock's momentum is shifting upward [1].

Bollinger Bands are volatility indicators that consist of a simple moving average (usually 20 periods) and two standard deviations above and below the moving average. When the bands expand upward, it indicates increased volatility and potential upward price movement. This expansion can signal that the stock is breaking out of a range and is poised for a significant price increase [2].

Nucor's recent financial performance has also been strong, with the company reporting second-quarter 2025 net earnings of $603 million, or $2.60 per diluted share, with net sales of $8.46 billion. This represents a significant improvement from the first quarter of 2025's $156 million but is slightly below the second quarter of 2024's $645 million. The company maintained a strong financial position with $2.48 billion in cash and cash equivalents and continued its commitment to shareholder returns through a $0.55 quarterly dividend and repurchasing 1.8 million shares at an average price of $111.89 [3].

The company's operational performance has been robust, with total shipments of 6.82 million tons, an 8% increase year-over-year, and steel mill operating rates improving to 85% in the second quarter of 2025. The average sales price increased 8% quarter-over-quarter but decreased 3% year-over-year [3].

Nucor's recent leadership changes and strategic initiatives also contribute to its positive outlook. The company has promoted Thomas J. Batterbee to Executive Vice President of Human Resources and Talent and appointed Elizabeth Bledsoe as President of Human Resources and Talent, effective May 11, 2025. These appointments bring external expertise and internal leadership to the company's human resources division [4].

In conclusion, Nucor's stock price trends, as indicated by the MACD Golden Cross and expanding Bollinger Bands, suggest a strong bullish momentum. Combined with the company's robust financial performance and strategic leadership changes, investors may find Nucor an attractive investment opportunity.

References:
[1] https://www.stocktitan.net/news/NUE/
[2] https://www.stocktitan.net/news/NUE/
[3] https://www.stocktitan.net/news/NUE/
[4] https://www.stocktitan.net/news/NUE/

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