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

NUE — oversold signal, 05 Mar

short term
RSI(2)9.1
RSI(14)39.8
Close $ · flag day172.10
Off 20-day high−12.6%
Avg volume1.7M

What followed

DateClose $ 5-day avg.vs flag close
05 Mar172.10176.60+0.0%
06 Mar168.75174.98-1.9%
09 Mar169.47172.76-1.5%
10 Mar170.43171.36-1.0%
11 Mar171.81170.51-0.2%
12 Mar165.67169.23-3.7%
13 Mar163.48168.17-5.0%
16 Mar162.74166.83-5.4%
17 Mar162.08165.16-5.8%
18 Mar161.16163.03-6.4%
19 Mar161.95162.28-5.9%

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

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 05 Mar. The freshest lists go out in the daily alert at 21:30 CET.