Nucor(US:NUE) Schaeffers Investment Research·2025-12-30 20:27Core Viewpoint - Nucor Corp (NYSE:NUE) is currently trading at $166.17, close to its one-year high of $168.04, indicating potential for further price increases based on historical patterns [1]. Group 1: Historical Performance - Over the past five years, NUE has traded within 2% of its 52-week high on four occasions while the Schaeffer's Volatility Index (SVI) was in the 20th percentile or lower, a condition that is met again today with an SVI of 28%, in the 4th percentile of its annual range [2]. - Following similar setups, NUE has shown a 75% probability of being higher one month later, with an average gain of 7.1%. A similar increase from the current price would elevate shares to $177.96, marking the highest level since February 2024 [3]. Group 2: Support Levels - In the event of a short-term pullback, there is underlying support at the 30-day moving average, which could provide a safety net for the stock price [3].