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Is NUE building bearish momentum? Directional Movement Crossover Bearish shows up after plummeting 5.95%

Nucor Corporation (NUE) — Nightly Technical Analysis · Sep 18, 2025, 17:52 ET
NUE closed down 5.95% on Thursday, September 18th, with volume running 2.5× above average. The unusually high volume suggests institutional participation in today's move. Directional Movement Crossover Bearish was spotted, which could indicate a shift in momentum. Key support levels exist at 132.69, 131.09 & 128.38, with resistance at 137.0, 139.71 & 141.31.

Current SwingTradeBot Technical Rating of NUE: F

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Nucor Corporation (NUE)