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

NUE — oversold signal, 24 Feb

short term
RSI(2)1.6
RSI(14)42.6
Close $ · flag day175.15
Off 20-day high−11.0%
Avg volume2.0M

What followed

DateClose $ 5-day avg.vs flag close
24 Feb175.15179.72+0.0%
25 Feb175.48177.91+0.2%
26 Feb175.61177.02+0.3%
27 Feb176.88176.39+1.0%
02 Mar180.57176.74+3.1%
03 Mar177.40177.19+1.3%
04 Mar176.07177.31+0.5%
05 Mar172.10176.60-1.7%
06 Mar168.75174.98-3.7%
09 Mar169.47172.76-3.2%
10 Mar170.43171.36-2.7%

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