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

NUE — oversold signal, 06 Mar

short term
RSI(2)4.3
RSI(14)36.0
Close $ · flag day168.75
Off 20-day high−14.3%
Avg volume1.7M

What followed

DateClose $ 5-day avg.vs flag close
06 Mar168.75174.98+0.0%
09 Mar169.47172.76+0.4%
10 Mar170.43171.36+1.0%
11 Mar171.81170.51+1.8%
12 Mar165.67169.23-1.8%
13 Mar163.48168.17-3.1%
16 Mar162.74166.83-3.6%
17 Mar162.08165.16-4.0%
18 Mar161.16163.03-4.5%
19 Mar161.95162.28-4.0%
20 Mar158.58161.30-6.0%

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 06 Mar. The freshest lists go out in the daily alert at 21:30 CET.