Nucor Stock Could Kick Off 2026 with More Highs
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Nucor Corp (NYSE:NUE) stock is currently trading at $166.17, close to its one-year high of $168.04. Historical data indicates that when NUE trades within 2% of its 52-week high and the Schaeffer’s Volatility Index (SVI) is low, the stock tends to rise. Currently, the SVI is at 28%, in the 4th percentile of its annual range. Historically, NUE has increased 75% of the time one month later, averaging a 7.1% gain, potentially reaching $177.96. Support is also noted at the 30-day moving average.
Source: Schaeffers The copyright of this article belongs to the original author/organization.
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