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

NUE — oversold signal, 16 Mar

short term
RSI(2)7.0
RSI(14)31.7
Close $ · flag day162.74
Off 20-day high−13.1%
Avg volume1.5M

What followed

DateClose $ 5-day avg.vs flag close
16 Mar162.74166.83+0.0%
17 Mar162.08165.16-0.4%
18 Mar161.16163.03-1.0%
19 Mar161.95162.28-0.5%
20 Mar158.58161.30-2.6%
23 Mar160.62160.88-1.3%
24 Mar162.74161.01+0.0%
25 Mar165.17161.81+1.5%
26 Mar166.01162.62+2.0%
27 Mar163.37163.58+0.4%
30 Mar164.75164.41+1.2%

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