In trading on Friday, shares of Nucor Corp. (Symbol: NUE) crossed below their 200 day moving average of $50.52, changing hands as low as $50.44 per share. Nucor Corp. shares are currently trading off about 2.2% 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 $42.22 per share, with $54.73 as the 52 week high point - that compares with a last trade of $50.54.
According to the ETF Finder at ETF Channel, NUE makes up 4.90% of the Steel ETF (Symbol: SLX) which is trading lower by about 2.1% on the day Friday.
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