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

NUE — oversold signal, 23 Feb

short term
RSI(2)6.1
RSI(14)47.2
Close $ · flag day178.85
Off 20-day high−9.2%
Avg volume2.0M

What followed

DateClose $ 5-day avg.vs flag close
23 Feb178.85181.42+0.0%
24 Feb175.15179.72-2.1%
25 Feb175.48177.91-1.9%
26 Feb175.61177.02-1.8%
27 Feb176.88176.39-1.1%
02 Mar180.57176.74+1.0%
03 Mar177.40177.19-0.8%
04 Mar176.07177.31-1.6%
05 Mar172.10176.60-3.8%
06 Mar168.75174.98-5.6%
09 Mar169.47172.76-5.2%

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 23 Feb. The freshest lists go out in the daily alert at 21:30 CET.