Monday, February 6, 2012

Nucor - NUE - buy signals

I have added Nucor (NUE) to the Barchart Van Meerten New High portfolio for positive price momentum


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 12.07% in the last month
  • Relative Strength Index 77.46%
  • Barchart computes a technical support level at 44.55
  • Recently traded at 45.41 with a 50 day moving average of 40.84

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