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Fell Below 50 Day Moving Average appears for NUE after 3.32% move
NUE finished lower by 3.32% on Thursday, August 20th, trading 1.5 times its typical volume. Fell Below 50 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 238.22, 235.96 & 232.06, with resistance at 244.38, 248.28 & 250.54.
Current SwingTradeBot Technical Rating of NUE: C
See all signals and full analysis for NUE on SwingTradeBot.com →
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