Closing Note
updated 2026-07-24 14:52 UTC

NUE — oversold signal, 28 Jan

short term
RSI(2)9.9
RSI(14)55.0
Close $ · flag day173.18
Off 20-day high−5.5%
Avg volume1.8M

What followed

DateClose $ 5-day avg.vs flag close
28 Jan173.18177.27+0.0%
29 Jan179.91177.20+3.9%
30 Jan177.72176.41+2.6%
02 Feb180.96177.07+4.5%
03 Feb186.50179.65+7.7%
04 Feb189.95183.01+9.7%
05 Feb186.50184.33+7.7%
06 Feb192.84187.35+11.4%
09 Feb193.08189.77+11.5%
10 Feb191.99190.87+10.9%
11 Feb194.42191.77+12.3%

The rule flags the close; the strategy's exit is the first close above the 5-day average, or six trading days, whichever comes first. Shown for research — not every flag is traded.

Research chart

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From the oversold list of 28 Jan. The freshest lists go out in the daily alert at 21:30 CET.