Reitar Logtech: MACD, KDJ Death Cross on 15min chart.

Wednesday, Sep 10, 2025 3:20 pm ET1min read

Nucor's 15-minute chart has recently triggered a MACD Death Cross and KDJ Death Cross, which occurred on September 10th, 2025 at 15:15. This suggests that the stock price may continue to decline, as the momentum has shifted towards the downside and there is a potential for further decreases.

Nucor Corporation (NUE) closed at $144.02 on September 10, 2025, marking a -2.2% move from the prior day. Despite this decline, Nucor's stock has gained 5.96% over the past month, outperforming the S&P 500's 3.07% increase during the same period. The steel company's earnings per share (EPS) are projected to be $2.49 for the current quarter, reflecting a 67.11% increase from the same period last year. Revenue is expected to reach $8.36 billion, up 12.28% from the year-ago period Nucor (NUE) Stock Drops Despite Market Gains: Important Facts to Note[1].

The Zacks Consensus Estimate for the full year suggests earnings of $8.25 per share and revenue of $32.39 billion, marking changes of -7.3% and +5.4%, respectively, from last year. The Zacks Rank for Nucor is currently #3 (Hold), indicating a neutral outlook. The company's Forward P/E ratio stands at 17.84, which is a premium compared to the industry average of 12.78. The PEG ratio is 0.94, indicating a favorable valuation compared to the industry average of 0.77 Nucor (NUE) Stock Drops Despite Market Gains: Important Facts to Note[1].

Adding to the market's concerns, Nucor's 15-minute chart triggered a MACD Death Cross and KDJ Death Cross on September 10, 2025, at 15:15. This technical indicator suggests a potential shift in momentum towards the downside, indicating a possible continuation of the stock price decline .

Investors should keep an eye on Nucor's upcoming financial results and any recent revisions to analyst forecasts, which can provide insights into the evolving business trends and the company's future prospects.

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