As of August 4, 2026, NUE is showing a Cup and Handle pattern with 71% confidence on the daily timeframe. SCTR 17.9 (bullish zone), Confirmed Bull trend. EdgeOS buy trigger $259.26 · Target $265.63 · Stop $255.32.
Yes. NUE is currently showing a Cup and Handle pattern with 71% confidence on the daily timeframe (detected 8/4/2026).
The NUE Cup and Handle has a confidence score of 71%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.
NUE's EdgeOS buy trigger is $259.26, target $265.63 (Saty ATR +1), stop below $255.32.
The Cup and Handle has a historical win rate of 68% when traded with proper volume confirmation and stop placement. Average time to target: 35 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.
Open NUE on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.
Pattern data updated nightly · For informational purposes only · Not investment advice