In trading on Friday, shares of Nucor Corp. (Symbol: NUE) crossed below their 200 day moving average of $121.35, changing hands as low as $118.96 per share. Nucor Corp. shares are currently trading off about 2.3% on the day. The chart below shows the one year performance of NUE shares, versus its 200 day moving average:

Looking at the chart above, NUE’s low point in its 52 week range is $87.71 per share, with $187.90 as the 52 week high point — that compares with a last trade of $120.87. The NUE DMA information above was sourced from TechnicalAnalysisChannel.com

Click here to find out which 9 other metals stocks recently crossed below their 200 day moving average »

Source: Nasdaq

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