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

NUE — oversold signal, 13 Mar

short term
RSI(2)8.7
RSI(14)32.5
Close $ · flag day163.48
Off 20-day high−12.7%
Avg volume1.6M

What followed

DateClose $ 5-day avg.vs flag close
13 Mar163.48168.17+0.0%
16 Mar162.74166.83-0.5%
17 Mar162.08165.16-0.9%
18 Mar161.16163.03-1.4%
19 Mar161.95162.28-0.9%
20 Mar158.58161.30-3.0%
23 Mar160.62160.88-1.7%
24 Mar162.74161.01-0.5%
25 Mar165.17161.81+1.0%
26 Mar166.01162.62+1.5%
27 Mar163.37163.58-0.1%

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