Chart pattern

NUE chart pattern — Nucor

1 formation detected on the latest close (Nov 09, 2026).

Overview Technicals

Double Bottom · Weekly candles

BullishForming

Last close$249.24

Trigger$268.47 (+7.7%)

Pattern spanAug 21, 2026 → 12 bars

Touches3

Fit score58/100

Two successful defences of the same low, separated by a rally — the classic W. Trigger: A close above the neckline — the high between the two lows. Invalidation: A close below the twin lows.

This pattern had a false up-side break on Oct 30, 2026 that was given back.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.